Software:Save22
Developer(s) | BOB FTW PTE LTD |
---|---|
Initial release | 2010 |
Stable release | 1.1.0 on Android 2.0.1 on iOS |
Written in | Objective C, Java, Python |
Operating system | Android, iOS |
Size | 4.4 MB on Android 1.9 MB on iOS |
Available in | English |
Type | Shopping |
License | Free |
Website | www |
Save22 is an Asian web & mobile shopping app that scans products and finds local stores selling that product.[1] The iPhone app version of Save22 (then known as Lobangclub) won Asia's Most Valuable App 2011 Award at Singtel TechVenture.[2][3]
By 2012, the app has been number 1 in its category in the App Store[4] and has expanded to the Philippines, Malaysia and Singapore[5]
Save22 is cross platform, it is currently available on iOS and Android devices.
History
The company was founded by Guyi Shen with co-founders Ronald Cheung and Jeremy Foo, the app was originally named Lobangclub. The name was later changed due to an unexpected meaning of the world lobang in Bahasa Indonesian.[5] The company is headquartered at NTU in Singapore, with its main work campus in Manila, Philippines.[6]
Investments
Save22 has received an undisclosed sum of funding from Crystal Horse Investments and MDA;[7] After the investment, CEO of Crystal Horse Investments, Michiel Wind posted on AngelList:
Save22 is an innovative, SouthEast Asian startup company in the area of price-comparison, combining mobile and web solutions.—Michiel Wind, AngelList[8]
Controversy
CEO Guyi Shen was featured on the reality TV Show Angel's Gate and appeared to agree on a mentoring relationship with two of the angels on the show for 10% equity in the company.[9] This agreement was widely ridiculed as an example of investors taking advantage of entrepreneurs in the Singapore startup ecosystem.[10][11] It later was revealed that the agreement never progressed beyond the TV studio.[12]
Features
The app allows user to scan items at home or in store to find similar products in nearby stores and compare prices. This can also be done with a name search.[13] Users can also add new products to the database thus incrementally building a bigger listing of products.[14]
Public reception
The app was judged Asia's most valuable App 2011 by Singtel Techventure.[15] Subsequently, the company was invited to launch the app at the inaugural DEMO Asia 2012.[16]
The Straits Times reviewed the app and called it a "Must Have".[17]
The app maintains a 3.5 out of 5 stars rating in the App store and a 5 out 5 stars rating in the Play Store.
References
- ↑ Huang, Ryan (2012-10-08). "'Perfect time' for price comparison sites in Asia". ZDNet. http://www.zdnet.com/perfect-time-for-price-comparison-sites-in-asia-7000005388/. Retrieved 2012-10-14.
- ↑ "Winners of Asia's Top 50 Apps announced - SGE : SGE". Sgentrepreneurs.com. 2011-10-15. http://sgentrepreneurs.com/news-stop/2011/10/15/winners-of-asias-top-50-apps-announced/. Retrieved 2012-10-14.
- ↑ "Straits Times". October 15, 2011. http://blog.save22.com/wp-content/uploads/2011/09/straits-times-15102011.jpg.
- ↑ "LobangClub App Hits Number One on iTunes Singapore". Penn-olson.com. 2011-09-29. http://www.penn-olson.com/2011/09/29/lobangclub-app-number-on-itunes-singapore/. Retrieved 2012-10-14.
- ↑ 5.0 5.1 "Lobangclub launches Android app, drops the Lobang name - e27". E27.sg. 2012-08-10. http://e27.sg/2012/08/10/lobangclub-launches-android-app-drops-the-lobang-name/. Retrieved 2012-10-14.
- ↑ "Lobangclub – Will it work in Singapore? - e27". E27.sg. 2011-09-28. http://e27.sg/2011/09/28/lobangclub-will-it-work-in-singapore/. Retrieved 2012-10-14.
- ↑ "Portfolio «". Ch-investments.com.sg. http://ch-investments.com.sg/portfolio.htm. Retrieved 2012-10-14.
- ↑ "Save22 - AngelList". Angel.co. https://angel.co/save22. Retrieved 2012-10-14.
- ↑ AngelsGate. "Angel's Gate Episode 3". YouTube. https://www.youtube.com/watch?v=C6jLd8JxHVA. Retrieved 2012-10-14.
- ↑ "An Open Letter to Angel’s Gate | Derrick Ko". Blog.derrickko.com. 2012-03-25. http://blog.derrickko.com/an-open-letter-to-angels-gate. Retrieved 2012-10-14.
- ↑ "Angel's Gate: Good or Bad?". Techinasia.com. http://www.techinasia.com/angels-gate-good-bad/. Retrieved 2012-10-14.
- ↑ "The insider story on Lobangclub’s Angel’s Gate appearance | Inside Save22(formerly Lobangclub)". Insidestartup.sg. 2012-03-22. http://www.insidestartup.sg/funding/the-insider-story-on-lobangclubs-angels-gate-appearance. Retrieved 2012-10-14.
- ↑ "Singapore's HSA Tells App Developer to Remove Posts on Cigarettes". The Jakarta Globe. http://www.thejakartaglobe.com/international/singapores-hsa-tells-app-developer-to-remove-posts-on-cigarettes/475240. Retrieved 2012-10-14.
- ↑ LoBangClub (2009-07-22). "Singapore iPhone app Lobangclub - Asia's Most Valuable App 2011". YouTube. https://www.youtube.com/watch?v=H9y60Tr9s7E. Retrieved 2012-10-14.
- ↑ Jon Russell (2011-10-17). "Price comparison app Lobangclub named most valuable app at Accelerate". Thenextweb.com. https://thenextweb.com/asia/2011/10/17/price-comparison-service-scoops-top-accolade-in-singapore/. Retrieved 2012-10-14.
- ↑ "Lobang Club". DEMO Asia. 2012-03-02. http://demo.asia/2012/demonstrators/lobang-club/. Retrieved 2012-10-14.
- ↑ Grace Chng (2011-09-28). "Digital Life, Apps". The Straits Times. http://blog.save22.com/wp-content/uploads/2011/09/Picture-064.jpg.