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From GivingTuesday : 1) The estimated total of online and offline giving across sixty countries on GivingTuesday 2019 is $1.97 511 was given online in the United States within the first 24 hours of GivingTuesday 2019, an increase of 28%. Asia – 26%. The median gift size was $50. The median gift size was $50.
Southeast Asia’s car marketplace wars are going into high drive. Today Carsome Group , one of the region’s largest online used car marketplaces, said it plans to acquire listings platform iCar Asia in a transaction worth more than $200 million. of iCar Asia from Malaysia internet conglomerate Catcha Group.
The round was led by Asia Partners, with participation from Novo Holdings, Philips and OSK-SBI Partners. As part of the round, Asia Partners co-founder Oliver Rippel and Novo Holdings Equity Asia senior partner Dr. Amit Kakar will join Doctor Anywhere’s board of directors. million USD) in Series C funding. million users.
1) 54% of donors worldwide prefer to give online with a credit or debit card and 9% through PayPal. Increased access to online and mobile giving technology in Africa, Asia, and South America will likely grow these numbers significantly in coming years. Baby Boomers are most likely to give tribute gifts at 41%.
But the virtual event space continues to attract investors, at least in Asia. The pandemic was also a boon to EventX; its online attendees in the fourth quarter of 2021 grew by 120%. And even if live events resume their normalcy, the company believes it can cling onto its long-running offline business.
The companies are largely based around social and e-commerce initiatives, with Eugene Kim, the principal at Sparklabs, saying that they “reflect major trends in Asia in terms of what you’ll see in the coming years, such as growth in the e-commerce space, new targeted social networks and completely new innovations.”. HeyBread (E-commerce).
CoderSchool, a Ho Chi Minh City, Vietnam-based online coding school startup, announced today $2.6 million in pre-Series A funding to scale up its online coding school platform. At CoderSchool, we believe everyone in Southeast Asia deserves a chance to be part of that future,” the company co-founder and CEO Lee said.
It also included returning investors Mirae-Asset Naver Asia Growth Fund and Z Venture Capital. Resurgent HappyFresh raises $20M for its online grocery service in Southeast Asia. Founded in 2014, HappyFresh was the first Instacart-style grocery delivery service to launch in Southeast Asia.
This round of funding was led by DST Global, with additional participation from Aspex Management, Reverent Partners and existing investors such as Goodwater Capital, Altos Ventures, SoftBank Ventures Asia, Kakao Ventures, Strong Ventures and Capstone Partners.
Ascend Money will use the proceeds to grow its e-wallet application – TrueMoney Wallet – and expand its digital financial services ranging from digital lending and digital investment to cross border remittances in Southeast Asia. In Thailand, Ascend Money has about 70% of market share based on its own research, Thamavaranukupt said.
Kakao Pay will use its IPO proceeds to speed up its global expansion, including in Southeast Asia, Europe and China, said CEO Alex Ryu at an online press conference last week. Southeast Asia and Middle East-based companies have been reaching out to the fintech company to seek strategic partnerships, Ryu mentioned.
Phone makers and giant online sellers such as Amazon and Flipkart are aware of it, but it’s too much of a hassle for them to inspect, repair and resell used phones. New York-based Olympus Capital Asia made the investment through Asia Environmental Partners, a fund dedicated to the environmental sector.
Returning investor Altos Ventures led the extension along with Stone Bridge and new investors Axiom Asia and Vanderbilt University. . The startup intends to sell products made in South Korea overseas and bring handmade products made in Southeast Asia to South Korea via its platform. Other countries like Japan and the U.S.
DDoS attacks are typically used to force websites or services offline, thanks to a flood of traffic that a web host can’t handle. Azure was able to stay online throughout the attack, thanks to its ability to absorb tens of terabits of DDoS attacks. Image: Microsoft. The attack on Azure lasted more than 10 minutes.
The funding landscape in Southeast Asia is still wintery, but one fintech managed to land a major round. The company’s products include online and offline buy now, pay later, personal loans, credit cards and banking services through Krom. Kredivo’s founding team.
Ajaib Group , an online investment platform that says it now runs the fifth-largest stock brokerage in Indonesia by number of trades, announced it has raised a $25 million Series A led by Horizons Ventures, the venture capital firm founded by Li Ka-Shing, and Alpha JWC.
Playing tourist in DC, it is interesting to see how much your online digital life impacts your offline life. There were a number of online/offline participatory visitor experiences. The Smithsonian is one of the Networked Nonprofits we feature in the book.
Wassem told TechCrunch that Easy Eat AI was created because even though Southeast Asia “is a food paradise, everyone eats out, eating out is a culture here,” the restaurant industry is still one of the least advanced digitally. Deliverect gobbles up $65M for a platform that streamlines online and offline food orders.
PayPal has long played nice with payment cards – users can upload details of their cards to PayPal and use it as a kind of digital wallet to manage how they pay for things online through it – but it got its start actually as a payment platform in itself, where people could pay into and out of PayPal accounts.
Indonesian startup CoLearn started as a chain of physical tutoring centers and was in the process of shifting to a hybrid offline-online model when the COVID-19 pandemic hit. The videos serve as a hook to convince students (or their parents) to sign up for CoLearn’s live online classes. CoLearn screenshots.
Everything is switching from offline to online mode, spurred by the pandemic, and that also has turned around things for the creative economy. Creative professionals continue to look for ways to monetize their talents and knowledge through online education platforms like CLASS101 that bring stable incomes and improve opportunities.
And now, without further ado, here are the startups that make up the newest class of 500 Startups Fall 2012 accelerator class: BabyList: a baby registry that works like Pinterest enabling you to put anything online into your registry. Cuponomia: marketplace to search, discover, and share deals and online coupon codes.
Evermos is an Indonesian social commerce startup with two goals: to let people earn extra income by opening online stores without spending capital and to help small brands grow into household names. Super, an Indonesian hyperlocal social commerce startup, raises $28M led by SoftBank Ventures Asia.
It’s a creative, visual way to tell your organization’s stories of protest to your online communities. For example, see Plan Asia’s Flavors Page at flavors.me/planasia. You can either manage your group online or on your mobile phone. DailyFeats :: dailyfeats.com. Flipboard :: flipboard.com. Re.vu :: re.vu.
There are a lot of talented people, like chefs and musicians, in Southeast Asia who can earn money through their work online, says TipTip founder Albert Lucius. But many of them don’t have the social media clout to attract advertisers. Part of TipTip’s funding round will be used to recruit more creators, promoters and supporters.
According to the founder of Singapore-based telehealth platform Ora, 90% of its patients are less than 39 years old and have not been treated for their conditions offline. Today, Ora announced it has raised $10 million in Series A funding, which it says is the biggest telehealth Series A round in Southeast Asia.
With a Pinterest-like design, Clipix is the new generation of online content management. It’s a creative, visual way to tell your organization’s stories of protest to your online communities. For example, see Plan Asia’s Flavors Page at flavors.me/planasia. DailyFeats :: dailyfeats.com. GroupMe :: groupme.com.
Ideal for launching online fundraising and awareness campaigns, your nonprofit needs at least a month to prepare your campaign materials and craft your messaging in order to build a sense of anticipation among your fans and followers. With a Pinterest-like design, Clipix is the new generation of online content management.
The number of low-cost or free online resources and tools available to nonprofits today is astounding. Wordle is an online tool that allows you to easily create word clouds. Using Wordle, nonprofits could generate word clouds that add some color and creativity to their online fundraising and outreach campaigns. Re.vu :: re.vu.
The Hong Kong-headquartered startup will use the fresh capital for its market penetration into Southeast Asia, specifically Singapore and Malaysia, as well as the U.K. and other countries in Europe. The global social commerce market is projected to rise to $6.2 trillion by 2030.
Dadoo’s previous startup Shoffr, an online-to-offline attribution platform, was acquired by Affle in 2019. Khare spent 12 years working at Google, including as director of strategic partnerships in Southeast Asia and India. Fewcents was launched last year by Abhishek Dadoo and Dushyant Khare (pictured above).
But buying one through the offline and traditional channel could prove to be a painstakingly long and high-risk process. The future of car ownership: Building an online dealership. Hundreds of thousands of used cars are sold in India each month. It also significantly reduced the CAC (customer acquisition cost) for Spinny, he added.
Payfazz and Xfers , two startups that want to increase financial inclusion in Southeast Asia, announced today they have joined forces to create a new holding entity called Fazz Financial Group. To Simplify Bank Transfers For Online Sellers. . To Simplify Bank Transfers For Online Sellers. .
With a Pinterest-like design, Clipix is the new generation of online content management. It’s a creative, visual way to tell your organization’s stories of protest to your online communities. For example, see Plan Asia’s Flavors Page at flavors.me/planasia. Daily DoGooder :: thedailydogooder.com.
After exiting two startups, Adan and his brother Adeel Shaffi got the idea of launching PriceOye when they were doing “a lot of island hopping” in Southeast Asia. “Within a short period of time, PriceOye has grown exponentially and has cemented its position as the leading national company in online consumer electronics.
While the service has seen blocks in the country before, this appears to be a much broader denial of service, affecting most, if not all users in the world’s most populous country online and offline.
E-commerce in Southeast Asia is very fragmented, with consumers having their choice of marketplaces, e-commerce sites and social commerce. Gadi told TechCrunch that FLIK’s team is experienced in the payments and merchant business, both offline and online. “We
million in Series A funding to continue developing its automated approach to bring offline data online. Restaurants usually deal with having offline data, but time equals money, and if there is incorrect data, there can be some financial reimbursement. Woflow , a data infrastructure company, raised $7.3
and Asia. . Though the majority are based in Korea, the accelerator gets applicants from other countries looking or planning to enter Korea or Asia, according to Kim. . MyShop Cloud: An online to offline (O2O) platform that wants to digitize the value chain of dried fish, from wholesale to the retail market.
While working her way through grad school, Opaper founder Joan McIntosh ran an online bakery. “I After building a minimum viable product that allows social commerce sellers to create an online store, Opaper started onboarding users and raised an oversubscribed seed round of $1 million. It’s not somebody who already has three outlets.
In addition to providing financial capital, The-Wolfpack wants to build ecosystems around its portfolio companies by connecting them with IP owners, digital marketing experts, content producers and designers who can help create offline experiences. The-Wolfpack plans to help them set up a physical studio to create an offline experience, too.
Edupia , an online learning platform, is bridging that divide with its live classes and private tutoring. Hung, whose family includes many teachers, saw an opportunity to launch an online platform to make English education accessible to every K-12 student. Edupia founder Tran Duc Hung standing against a desk Image Credits: Edupia.
Today Propseller announced it has raised $12 million in Series A funding led by Vertex Ventures Southeast Asia and India. . Instead, Jorge went on to work for tech companies, including six years at Groupon, where he was in positions including general manager of Southeast Asia. .
Via Facebook updates, I learned from Tharum that Preetaim Rai, the Southeast Asia Editor for Global Voices, posts a roundup of protests and prayer vigils in neighboring countries. Mean Lux points to an excellent post that summarizes the all the online support in addition to the Facebook activity. ll receive it.
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