The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

We nearly died three times: here’s what we learned

Source: afr.com afr.com
News Snapshot:

Jack ZhangMay 28, 2026 – 11.14amThis Industry Insight is produced in commercial partnership with Airwallex.In 2015, we were running a Melbourne coffee shop and getting fleeced wiring money to overseas suppliers. The fees were brutal and the user experience was even worse. We assumed someone was building a better system. We were wrong. So we built it ourselves.That frustration became Airwallex. A decade on, we’ve moved over $US266 billion for more than 200,000 businesses worldwide. We’ve crossed $US1 billion in annualised revenue and grown 90 per cent year-on-year. We hit EBITDA profitability while still investing aggressively, and we were most…

Other China Tech Buzz: