HIGHER REACHES ANSWERS: How a high-school dropout with big ideas founded GoGoVan, Hong Kong’s first US$1bn start-up [October 17, 2017]

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1. to sell advertisements on food takeout boxes

2. Call centres had a limited number of drivers registered with them, and as a result, vans were often unavailable.

3. (i) nigh, (ii) merger, (iii) strike upon

4. While GoGoVan now has an estimated valuation of US$1 billion, it was started with only HK$20,000.

5. (i) Lam ate HK$20 meals from McDonald’s every day. (ii) The founders rented a very small room in an old industrial building. (iii) They ran out of cash in two months.

6. (i) born, (ii) raised / reared, (iii) studied, (iv) admitted, (v) pay

7. without

8. D

9. innovation

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