Intelligent CIO APAC Issue 53 | Page 74

INDUSTRY WATCH revealing a substantial opportunity for growth in this space .
This partnership will enable both companies to drive future growth and continue innovating within the fleet management space , delivering greater value to its customers and expanding footprint across the region . p
DASH exploring the use of AI to enhance taxi dispatch systems and optimize real-time operations in Hong Kong
Startup specializing in mobility and payment solutions appoints Managing Partner and Chief Strategy Officer to drive sustainable transformation of Hong Kong ’ s traditional taxi industry .
Homegrown Hong Kong startup DASH is exploring the use of AI to enhance taxi dispatch systems and optimize real-time operations .
The project has DASH collaborating with stakeholders to introduce innovative technology and solutions addressing the ever-evolving needs of taxi passengers , drivers and operators in Hong Kong .
Samuel Sheung Shau Wu – an active investor in local Hong Kong businesses and homegrown startups – will spearhead the company ’ s strategic vision as Managing Partner and Chief Strategy Officer .
With HK $ 28.5 million in government funding awarded via two separate projects , DASH has been working closely with industry stakeholders , the Hong Kong University of Science and Technology ( HKUST ) and the government to introduce innovative technology and solutions to address the ever-evolving needs of taxi passengers , drivers and operators in Hong Kong .
Founded in Hong Kong in 2021 , DASH has a mission to revolutionize digital and mobile interactions between consumers and merchants in the physical world – with a focus on the mobility and payment sectors .
The company ’ s research and development toward transforming Hong Kong ’ s taxi industry is supported by the Hong Kong government via two separate projects , with a total of HK $ 28.5 million funding awarded through the Smart Traffic Fund .
In collaboration with HKUST School of Engineering , DASH is exploring the use of AI to enhance taxi dispatch systems and optimize real-time operations .
Since mid-2023 , DASH has been piloting its technology in Lantau and Kowloon , working closely with taxi associations and fleet operation companies . The company aims to bring its services to the majority of the city ’ s taxis by the end of 2025 . Wu ’ s leadership is said to be instrumental in advancing the company ’ s mission as it continues to roll out smoother and more personalized payment systems , revolutionizing how taxis operate across the city .
“ I am thrilled to join DASH at this exciting time as the industry is going through a phase of digital transformation , and I look forward to contributing to the ongoing development of a truly transformative platform ,” said Wu . “ The opportunity to leverage my experience and work with such a dedicated team to bring sustainable change to the Hong Kong taxi industry is both an honor and a challenge I am eager to take on .”
Wu is concurrently the Chief Investment Officer of a Hong Kong-based family office , investing in international education , technology and media sectors . He previously worked in the banking industry , where he gained extensive experience in retail and corporate banking , corporate communications , operations , credit cards and payments .
He is an active investor in local Hong Kong businesses and homegrown startups , dedicating his time and effort to driving impact on the Hong Kong economy and society through his investments .
“ We are excited to welcome Samuel to the team during this pivotal moment for DASH ,” said Jason Ma , Managing Partner , DASH .
“ His wealth of experience in corporate strategy and his passion for innovation will be key drivers as we continue to transform Hong Kong ’ s taxi industry .”
Broadband Network ( nbn ), many NGOs operating in Central Australia , Regional Councils , and the NT Government .
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