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KFit

KFit

Malaysia Malaysia

https://kfit.com/

Product/Service name KFit
URL of product/service https://kfit.com/
Business domain Online to Offline Fitness platform
About Service

KFit provides consumers access to thousands of fitness classes and gyms with a single membership. Starting in April 2015, KFit is currently in 10 cities (Kuala Lumpur, Singapore, Hong Kong, Taiwan, Manila, Sydney, Melbourne, Perth, Auckland, Seoul) in just 7 months. The mission of KFit is to become the #1 online to offline O2O platform for health and wellness.

About CEO
KFit
Name Joel Neoh
Date of birth 11/10/1983
Place of origin Kuala Lumpur, Malaysia
Job background Joel Neoh is a Malaysian entrepreneur and investor. He is currently the Founder of KFit, a fitness sharing platform in 10 countries across Asia Pacific. He was previously the founder of GroupsMore, which became Groupon Malaysia in 2010. In senior VP roles and as Head of Groupon Asia Pacific from 2013 to 2015, Mr Neoh was instrumental in establishing the high-growth business model that propelled the organisation into a multibillion-dollar business with thousands of employees across 12 countries. Under his leadership, Groupon Malaysia was named on the 2013 WorldBlu Most Democratic Workplaces list. Mr Neoh started his first company at age 20 while studying engineering at Monash University, Australia. He was the inaugural winner of The Firm, Malaysia's version of The Apprentice, in 2007, when he was the youngest contestant at the age of 23. Mr Neoh has co-founded several successful companies, including Says.com, which merged with Catcha Media in 2013, and invested in a string of technology venture capital funds and startups across Asia. In 2012, Mr Neoh won the Ernst & Young Entrepreneur of the Year Award for the Emerging Entrepreneur category in Malaysia. In 2013, he was named one of Asia's Top 10 entrepreneurs, as well as Young Global Leader, by World Economic Forum and was also honored to receive the Malaysian Service Medal. In 2014, Mr Neoh received a Creative Pioneer Award and was included on Malaysia Business’s 30 Successful Malaysian’s Under 40 list. Mr Neoh sits on the board of the publicly listed REV Asia, which he co-founded in 2013, and is an advisory board member of Monash School of Business and AIESEC, the world’s largest student organisation.
Education background Joel completed his studies at Monash University and Harvard Business School and has lived in a number of Asia Pacific cities, including Tokyo, Seoul, Taipei, Sydney and Singapore.
Story about why you started your business

In early 2015, while on a ski-trip in Karuizawa, Japan, a good friend shared an article to Joel on an early US startup that allows consumers to drop-in at various gyms and studios. Intrigued by this business model, Joel instantly recognized the clear opportunity that had presented itself and decided that his next adventure would be to grow the overall fitness market and create healthier cities. With APAC gym memberships estimated to grow by 10% annually (compared to global growth rate of 2%), as well as the number of independent gyms and fitness studios appearing to be on the rise, there is a large need to create a platform that allows easy access for consumers to exercise and live a healthier life.

Message to Japanese companies or investors

Beginner's mind shall be retained for everything.

About Company
KFit
Founded 3/22/2015
Company located Level 2, Tower 7, Avenue 3, The Horizon, Jalan Kerinchi, Bangsar South, 52900 Kuala Lumpur, Malaysia
Description of Product/Service Online-to-Offline Fitness platform in Asia
Capital amount of company USD$4.25 million
Investor's name Joel Neoh, Yeoh Chen Chow, Sequoia Capital, ESOS, Danchelle Limited, Global Founders Capital, SXE Ventures Limited, 500 Durians, Segnel Ventures, 3 Anonymous Parties, 500 Startups III, Daniel Hyunsung Shin, Ng Aik Phong, Rafiq Razali
Thinking of funding yes

※ We accept the inquiry all your about me company , but you might not be able to answer with respect to your question . Kindly your understanding as I ask .

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KFit

KFit

Malaysia Malaysia

https://kfit.com/

Product/Service name
KFit
URL of product/service
https://kfit.com/
Business domain
Online to Offline Fitness platform
About Service

KFit provides consumers access to thousands of fitness classes and gyms with a single membership. Starting in April 2015, KFit is currently in 10 cities (Kuala Lumpur, Singapore, Hong Kong, Taiwan, Manila, Sydney, Melbourne, Perth, Auckland, Seoul) in just 7 months. The mission of KFit is to become the #1 online to offline O2O platform for health and wellness.

About CEO
KFit
Name
Joel Neoh
Date of birth
11/10/1983
Place of origin
Kuala Lumpur, Malaysia
Job background
Joel Neoh is a Malaysian entrepreneur and investor. He is currently the Founder of KFit, a fitness sharing platform in 10 countries across Asia Pacific. He was previously the founder of GroupsMore, which became Groupon Malaysia in 2010. In senior VP roles and as Head of Groupon Asia Pacific from 2013 to 2015, Mr Neoh was instrumental in establishing the high-growth business model that propelled the organisation into a multibillion-dollar business with thousands of employees across 12 countries. Under his leadership, Groupon Malaysia was named on the 2013 WorldBlu Most Democratic Workplaces list. Mr Neoh started his first company at age 20 while studying engineering at Monash University, Australia. He was the inaugural winner of The Firm, Malaysia's version of The Apprentice, in 2007, when he was the youngest contestant at the age of 23. Mr Neoh has co-founded several successful companies, including Says.com, which merged with Catcha Media in 2013, and invested in a string of technology venture capital funds and startups across Asia. In 2012, Mr Neoh won the Ernst & Young Entrepreneur of the Year Award for the Emerging Entrepreneur category in Malaysia. In 2013, he was named one of Asia's Top 10 entrepreneurs, as well as Young Global Leader, by World Economic Forum and was also honored to receive the Malaysian Service Medal. In 2014, Mr Neoh received a Creative Pioneer Award and was included on Malaysia Business’s 30 Successful Malaysian’s Under 40 list. Mr Neoh sits on the board of the publicly listed REV Asia, which he co-founded in 2013, and is an advisory board member of Monash School of Business and AIESEC, the world’s largest student organisation.
Education background
Joel completed his studies at Monash University and Harvard Business School and has lived in a number of Asia Pacific cities, including Tokyo, Seoul, Taipei, Sydney and Singapore.
Story about why you started your business

In early 2015, while on a ski-trip in Karuizawa, Japan, a good friend shared an article to Joel on an early US startup that allows consumers to drop-in at various gyms and studios. Intrigued by this business model, Joel instantly recognized the clear opportunity that had presented itself and decided that his next adventure would be to grow the overall fitness market and create healthier cities. With APAC gym memberships estimated to grow by 10% annually (compared to global growth rate of 2%), as well as the number of independent gyms and fitness studios appearing to be on the rise, there is a large need to create a platform that allows easy access for consumers to exercise and live a healthier life.

Message to Japanese companies or investors

Beginner's mind shall be retained for everything.

About Company
KFit
Founded
3/22/2015
Company located
Level 2, Tower 7, Avenue 3, The Horizon, Jalan Kerinchi, Bangsar South, 52900 Kuala Lumpur, Malaysia
Description of Product/Service
Online-to-Offline Fitness platform in Asia
Capital amount of company
USD$4.25 million
Investor's name
Joel Neoh, Yeoh Chen Chow, Sequoia Capital, ESOS, Danchelle Limited, Global Founders Capital, SXE Ventures Limited, 500 Durians, Segnel Ventures, 3 Anonymous Parties, 500 Startups III, Daniel Hyunsung Shin, Ng Aik Phong, Rafiq Razali
Thinking of funding
yes

※ We accept the inquiry all your about me company , but you might not be able to answer with respect to your question . Kindly your understanding as I ask .

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