• Comment: In addition to the decline reasons, this also has the problem that it purports to be about the person, but is as much, if not more, about the business. Please decide which subject you wish to write about, and stick to it. DoubleGrazing (talk) 15:47, 7 August 2024 (UTC)


Fung Lam

edit

Fung Lam is an Australian ecommerce entrepreneur known as founder and CEO of New Aim.[1] In 2021, Australian Financial Review ranked Fung No.6 of Australia’s 100 richest people aged 40 and under.[2]

Career

edit

New Aim

In 2005, Fung Lam co-founded New Aim, initially operating from a rented warehouse. He started by importing goods and selling them on eBay.[3]

Recognising that businesses vary in their technical and supply chain capabilities, Fung was instrumental in developing New Aim’s B2B dropshipping platform, Dropshipzone, which was launched in 2012.[4]

In 2024, Fung oversaw the development and launch of AirOxy, New Aim`s AI-powered platform that empowers retailers with tools, insights and data to simplify the complexities of ecommerce.[5]

Early Life

edit

Fung Lam was born in Hong Kong, China and arrived in Australia in 2000. In 2003, Fung graduated from Monash University with a Bachelor of Information Technology. In 2023, Monash University awarded him the Monash Distinguished Alumni Award for leading the way in the e-commerce field.[1]

Achievement Lists

edit

Fung Lam and his company New Aim have been listed on the following:

  • HKABA (Hong Kong Australia Business Association) National Business Awards Winner 2024[6]
  • WeMoney Retailer Innovation of the Year 2024[7]
  • Ethnic Business Awards Winner 2023[8]
  • Monash University Distinguished Alumni Award for 2023[1]
  • IBISWorld Australia's Top 500 Private Companies, 2021, 2022[9], 2023[10]
  • Financial times ranking: High-Growth Companies Asia-Pacific, 2022[11],2023[12]
  • Australian Financial Review Young Rich List - ranked No.19 in 2020[13], & No.6 in 2021[2]
  • The Financial Times Ranking of 500 High-Growth Companies from the APAC region - ranked No.205 in 2020[14], & No.188 in 2021[15]
  • Young Entrepreneur of the Year, 2019[16] & 2020[17]
  • Winner Retail & Services Business News Australia, 2019[17]
  • Australia's Top 500 Private Companies, 2019[18]
  • Australia Financial Review Fast 100, 2018[19]

References

edit
  1. ^ a b c Monash University (December 2023). "Distinguished Alumni Awards". https://www.monash.edu/alumni/community/distinguished-alumni-awards/2023/fung-lam. {{cite web}}: External link in |website= (help)CS1 maint: url-status (link)
  2. ^ a b "Wealth of Australia's 100 richest Millennials hits $41.3b record". Australian Financial Review. 2021-10-28. Retrieved 2024-08-07.
  3. ^ "From two-dollar shops to $280m e-tailer for New Aim founders". Australian Financial Review. 2019-08-07. Retrieved 2024-08-07.
  4. ^ Catterson, Rosalea (2023-01-18). "Dropshipzone 'Make Ship Happen' with new brand identity". Power Retail. Retrieved 2024-08-07.
  5. ^ Bencic, Emily (2024-07-31). "Industry leaders attend and exhibit at Online Retailer". retailbiz. Retrieved 2024-08-07.
  6. ^ HKABA (July 2024). "National Business Awards 2024". https://www.hkaba.com.au/national-business-awards-2024-in-adelaide/. {{cite web}}: External link in |website= (help)CS1 maint: url-status (link)
  7. ^ "WeMoney Innovation Awards - Winners". www.wemoney.com.au. Retrieved 2024-08-07.
  8. ^ "2023 EBA Winners". The Ethnic Business Awards. Retrieved 2024-08-07.
  9. ^ Stensholt, John (20 September 2022). "Top 500 Private Companies: Gina Rinehart's Hancock tops list; young billionaire Laurence Escalante a fast climber". The Australian. Retrieved 20 March 2024.{{cite web}}: CS1 maint: url-status (link)
  10. ^ Kilby, Nathalie (2023-03-15). "FT ranking: High-Growth Companies Asia-Pacific 2023". www.ft.com. Retrieved 2024-08-07.
  11. ^ Bell, Amy (2022-03-17). "FT ranking: Asia-Pacific High-Growth Companies 2022". www.ft.com. Retrieved 2024-08-07.
  12. ^ Kilby, Nathalie (2023-03-15). "FT ranking: High-Growth Companies Asia-Pacific 2023". www.ft.com. Retrieved 2024-08-07.
  13. ^ Stensholt, John (29 March 2022). "The List - Australia's Richest 250 debutants: Dr Sam Prince, Fung Lam, Jo Horgan". The Australian. Retrieved 20 March 2024.{{cite web}}: CS1 maint: url-status (link)
  14. ^ Kelly, Maxine (2020-04-21). "FT ranking: Asia-Pacific High-Growth Companies". www.ft.com. Retrieved 2024-08-07.
  15. ^ Kelly, Maxine (2021-03-30). "FT ranking: Asia-Pacific High-Growth Companies 2021". www.ft.com. Retrieved 2024-08-07.
  16. ^ "New Aim's Everywhere Store takes out Australian Young Entrepreneur of the Year". Business News Australia. Retrieved 2024-08-07.
  17. ^ a b "New Aim founder wins Melbourne Young Entrepreneur Award two years running". Business News Australia. Retrieved 2024-08-07.
  18. ^ "Australia's top 500 private companies revealed". Australian Financial Review. 2019-09-04. Retrieved 2024-08-07.
  19. ^ "Financial Review Fast 100 2018: the full list". Australian Financial Review. 2018-10-31. Retrieved 2024-08-07.