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There are multiple messaging apps active in Southeast Asia and most consumers prefer to use them over email when they contact a business. Respond.io’s dashboard, which processes over 140 million messages per month, consolidates all the messages a business gets, so the right person can see them. Malaysia-based Respond.io
Chinas Great Wall Motor is poised for its big entry into Southeast Asia, as the automaker said on Monday it would begin manufacturing its cars in Malaysia and Indonesia as early as July, in addition to its planned entry into Vietnam, local media reported.
Easy Eat AI offers an operating system for restaurants that lets them digitize all parts of their business, from inventory and customer orders to delivery, and gain AI-based data analytics to improve revenue. Many food and beverage businesses started digitizing orders and payments so they could offer deliveries during the COVID-19 pandemic.
Founded in 2018 by Daniel Hazman and Jonathan Keith, Nimbly is currently used by more than one hundred organizations in seven countries, including Indonesia, Singapore, Malaysia and the United States. Most of Nimbly’s users are in the retail or food and beverage industries, and include KFC, Kopi Kenangan, 7-Eleven and Under Armour.
Founded in 2013 for on-demand deliveries within the same city, Lalamove has since grown its business to include freight services, enterprise logistics, moving and vehicle rental. The company entered the United States for the first time in October, and currently claims about 480,000 monthly active drivers and 7.2
and expand its product in APAC, including the Philippines, Indonesia, Malaysia, Australia and Japan. and Europe and helps protect the reputation of the fintech industry. London, Manila (Philippines), Kuala Lumpur (Malaysia), Melbourne (Australia), Vietnam and Sri Lanka. It has offices in 11 locations: Santa Monica (U.S.),
Panasonic, the consumer electronics giant that also develops solar panels, air conditioning units and many other products for its sizable buildings and construction business , is taking an investment in Aldagram. It has been partnering with Aldagram since 2022. More than 10,000 corporates in over 10 countries, including the U.K.,
With the theme of Technology for a Sustainable Future, the INCLUSION Conference on the Bund was held in Shanghai from September 7 to 9, bringing together global experts, scholars, and entrepreneurs to explore technological developments in economic industries.
The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. Meanwhile in Malaysia, where 61.3% out of its 33.6
The team has demonstrated exceptional growth and continues to disrupt the construction materials industry. Infra.Market, which competes with Lightspeed-backed Zetwerk , helps small businesses such as manufacturers of paints and cements improve the quality of their production and meet various compliances.
Park also said SOCAR would replace a fleet of its vehicles with zero-emission, including electric or hydrogen-powered cars, by 2030 and strengthen its autonomous cars business. . In 2018, SOCAR set up a Malaysia-based subsidiary SOCAR Malaysia, which has raised a total of $73.2 million so far. .
By digitalizing the insurance work for insurers and intermediaries, its platform enables them to save time, focus on their clients and scale their business. . trillion general insurance industry. . The company has raised a $1 million seed round to enhance its platform and scale in Asia.
The stock market is expected to be tough for the time being, but the mobility industry will grow rapidly that we can’t miss this critical time; we will focus on accelerating mergers and acquisitions and investments in new businesses and technology.”. million users and 1.4 million monthly active users this year. million users and 1.4
The startup described this as one of the largest “all-equity financings to date in Southeast Asia’s online automotive industry.” Founded five years ago in Malaysia, Carsome’s platform serves both C2C and B2C segments, and ensures quality by conducting inspections before vehicles are listed on its platform.
In particular, fintech startups—BNPL, credit and lending, and inventory-holding businesses—are vulnerable, like i n other parts of the world. I think what we have seen is that there has been a lot of capital being pumped into the tech industry over the past two to three years in a major bull run. among those affected.
Businesses, and the tech platforms that support their operations, had to adapt quickly to the pandemic. Employment Hero is designed for small-to-medium sized businesses, and combines human resources, payroll and benefits features. Ben Thompson, co-founder and chief executive officer of human resources platform Employment Hero.
Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. Fadhlillah and Octavianty came from families in the fishing industry, and the three wanted to create something that would solve some of the challenges they faced. Indonesian agritech platform TaniHub Group harvests a $65.5M Series B round.
In addition, Toni works on several digital-economy-related initiatives that support the scaling of digital businesses, stimulate startup ecosystems and accelerate the digital transformation of key industries in Africa, Asia, the Caribbean and the Middle East. Jamil Wyne. Contributor.
Hwang said that its business model is similar to Outschool, the San Francisco-based after-school marketplace for children. Glorang will use the Series A to expand its service to Japan and Malaysia by the fourth quarter of this year and Taiwan, Thailand and Vietnam in the following years, Hwang said. . billion in 2027 , from $17.6
This trend has been circling around the restaurant industry. On the back of its successful launch in Vietnam earlier this year, the startup plans to penetrate farther into Southeast Asian countries such as Thailand, Malaysia and Indonesia in 2023, co-founder and CEO Kimberly Yao said in an interview. .
Carousell , a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, in an effort to reduce costs amid a challenging market condition for the tech industry. . ” .
In conversations about freelancing and online marketplaces for remote contract workers of the tech industry, the name of oDesk floats up pretty often. On the enterprise side of our business, we’ve seen the increasing demand from traditional large corporate buyers looking for ways to manage a more distribute workforce,” Cooper said. “In
ZEBOX , an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarters. Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea.
Toys may seem like small stuff, but founder Tom Tan says the industry brought in $83 billion last year, so there’s definitely plenty of money up for grabs for modernized toys. “Especially in China, social media is really changing the way business is done,” founder Michael Michelini said.
Over the past several years, institutional investors had largely shied away from China’s e-cigarette makers, an industry that was teeming with shoddy workshops and lacked regulatory oversight. But investors’ attitude is changing as China sets in motion its strictest-ever regulation on electronic cigarettes.
Infra.Market helps small businesses such as manufacturers of paints and cements improve the quality of their production and meet various compliances. It also works closely with businesses to ensure that their deliveries are made on time. We are bringing a service layer to these small manufacturers, enabling them to grow their business.
They also saw that even though new C2C retail models, like social commerce, are gaining popularity, the beauty industry’s supply chain hasn’t kept up. Sellers usually need to order minimum quantities, which makes it harder for people to start their own businesses, Raena co-founder Sreejita Deb told TechCrunch.
The Indonesian government believed that TikTok Shop’s business model would impact the livelihood of local small businesses, leading to the shutdown order. Which industry professional/entrepreneur/startup founder has left the most profound impression on you in 2023? billion AI data center in Malaysia.
The Indonesian government believed that TikTok Shops business model would impact the livelihood of local small businesses, leading to the shutdown order. Which industry professional/entrepreneur/startup founder has left the most profound impression on you in 2023? NVIDIAs collaboration with Malaysias YTL Group to build a $4.3
IIT Kanpur alumnus Asati co-founded the startup with Shivam Wankhede and Adarshkumar B — alumni of IIT Delhi and Indian School of Business (ISB), respectively, in August 2016. That helped them notice the industry’s strong reliance on China. Sri Lanka and Malaysia.
Before COVID-19, many of Xendit’s customers were in the travel industry, and it was hit hard by the pandemic. Xendit’s solutions let businesses accept payments from many of these methods through three integration options. But since then, it’s expanded its scope. One big segment are SMEs.
The company wants to focus on the Indonesian market, one of the largest markets in Southeast Asia, for the next 12 months, then expand to other Southeast Asian countries, such as Malaysia, Vietnam, Thailand and the Philippines, Bang told TechCrunch. The startup looks to challenge e-commerce players like Shopify in Southeast Asia. “I
Surjaudaja says IDEAL chose mortgages as its first consumer lending product because of its market potential, citing 2021 research from Bank Indonesia that says the country’s mortgage industry is valued at $39 billion, with a projected 17% CAGR over the next five years. That is low copared to Malaysia and Singapore, which are at 30% or higher.
Today, the company has a few hundred employees distributed across Pakistan, Australia, Texas and Malaysia, but it continues to service startups of all sizes, says Bashir. Why do you have offices in Texas, Australia and Malaysia in addition to Pakistan, and what are the advantages of this setup and locations?
ORIGIN: Asia Tech Conference serves as a pivotal gathering, bringing together industry luminaries, investors, and trailblazers to delve into the vibrant tech ecosystem of Asia. With a vast network of partners in global innovation and entrepreneurship, TNGlobal facilitates cross-border partnerships and businesses.
Interestingly, there was a lot of chatter on Twitter as to whether these layoffs were an outlier in the industry or “ a sign of what’s to come.” Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. It’s hard to say. Read more here. You may agree. You may not.
2023 will be the year electric vehicles really start to take shape : “Driven by policy initiatives from governments and billions of dollars in investment from automakers, we can safely say the EV industry has begun to take shape,” Rebecca writes. The TechCrunch Top 3. High-growth startups should start de-risking their path to IPO now.
When Nintendo went to sell its Family Computer in the US, it had a problem: video games were about as attractive to most consumers as toxic waste, as the industry had more or less just imploded. What it could do: Sell NESs. Like Jibo, it also had a built-in voice assistant, and also like Jibo, that voice assistant was just OK.
The firm deployed a rumored $50 million into TeamApt, a Nigerian fintech that provides business payments and banking platforms, Tage reports. Grocery tech is a hot topic these days, so look out for some TechCrunch+ love for the industry this week. All eyes on Malaysia : The country is getting a boost from some big tech.
The round will be used to expand into more markets and develop new features for StaffAny’s platform, which currently operates in seven countries, including Singapore, where it is based, Malaysia, and Indonesia. It brings the startup’s total raised to $4.2 SMB tech is a sector GGV invests in globally.
Harvard professor Willy Shih explains the existential problem affecting cars, phones, computers, and more Since the beginning of the pandemic, the demand for microchips has far exceeded supply, causing problems in every industry that relies on computers. And if you’re a Decoder listener , you know that that is every industry.
The world’s auto industry is getting a shake-up from Chinese automakers that are quickly expanding across the globe, offering relatively affordable electric vehicles designed to wow car buyers with sleek designs and the latest high-tech interiors. stake in Malaysia’s Proton gave it a 51% stake in luxury sports car brand Lotus.
Lau relies on water and electricity to operate his thriving export business in Malaysia’s Johor province, where he raises a kaleidoscope of tropical fish in rows of aquariums, including albino fish with red spots that can fetch up to $10,000 from collectors. Winson Lau has always had contingency plans.
Kaplan had an in-home dog-training company that, like many businesses, was impossible to sustain under quarantine. Kaplan had no experience in the healthcare industry. Kaplan went on to work in any lucrative, quasi-legal industry that would have him, from online sports betting to cryptocurrency. So what now? Morgues were full.
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