Newwit

Hong Kong, China Founded: 2021 • Age: 5 yrs
Social-Fi app that combines AI and blockchain technology for decision-making and future predictions
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About Newwit

Newwit is a company based in Hong Kong (China) founded in 2021 by Kan Pan Lawrence Chan.. Newwit offers products and services including Newwit App. Newwit operates in a competitive market with competitors including Kraken, Rarible, Liqi, Venly and Metagood, among others.

  • Headquarter Hong Kong, China
  • Founders Kan Pan Lawrence Chan
  • Sectors
    Technology
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Newwit

Newwit offers a comprehensive portfolio of products and services, including Newwit App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

App for users to predict events and earn rewards through AI contributions

Funding Insights of Newwit

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Newwit

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Newwit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Newwit Comparisons

Employees
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Competitors of Newwit

Newwit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kraken, Rarible, Liqi, Venly and Metagood, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Newwit

Frequently Asked Questions about Newwit

When was Newwit founded?

Newwit was founded in 2021.

Where is Newwit located?

Newwit is headquartered in Hong Kong, China.

What does Newwit do?

Newwit was established in 2021 in Hong Kong, China, as a Social-Fi platform. AI and blockchain technologies are utilized to support decision-making and future predictions. Users are permitted to engage in prediction activities for entertainment, with risk-free rewards provided for contributions to AI model training. Operations focus on the fintech and social sectors, enabling decentralized participation in predictive analytics.

Who are the top competitors of Newwit?

Newwit's top competitors include Kraken, Rarible and Metaplex.

What products or services does Newwit offer?

Newwit offers Newwit App.

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