This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
The first step in making change in your life, local community or world is to learn. You may have been part of the day of action by participating in an event in your local area. We’ve taken hundreds of local cafes and bound them together into a network that lets those who want water find those willing to provide it.
Indonesias trade officials said Temus business model conflicts with local government regulations, which require a distributor or intermediary to be present in the product’s journey from factory to consumer.
The three guests individually presented insights into their local markets and the varied challenges involved in developing the digital economy. Empowering women to build their own businesses in Malaysia Fintech, short for financial technology, refers to the use of technology and innovation to provide financial services and solutions.
The eight-year-old Indian budget hotel giant has filed the paperwork (PDF) with the local market regulator for an initial public offering, in which it is seeking to raise about $1.16 The startup said in the filing today that four markets — India, Indonesia, Malaysia and Europe — account for about 90% of its overall revenue.
Co-founded by Ben Thompson, its chief executive officer, and chief technology officer Dave Tong, Employment Hero is used by 6,000 businesses, with a total of 250,000 employees. Employment Hero began entering new markets in October 2020, launching localized versions of the platform in New Zealand, the United Kingdom, Malaysia and Singapore.
The app also has an AI-based nutritionist called Ria that is trained for cuisines in different markets through a combination of user-tracked data, guidance from local nutritionists and databases from sources like the United States Department of Agriculture. When it enters a new market, the company localizes its services using a playbook.
The company fits into a theme I’ve noticed amongst startups, namely a focus on taking proven software genre approaches to specific parts of the world, localizing them and building in-region winners. BrioHR competes with local companies that are more focused on providing single solutions, like payroll management.
Founded in 2014, the company operates its business across Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines. Ninja Van claims it delivers approximately 2 million parcels a day, with more than 1.5 million active shippers and around 100 million recipients. It currently employs more than 61,000 staff.
HitPay has almost everything SMEs need to run their businesses. It is currently used by over 10,000 merchants in Singapore and Malaysia, with plans to expand into more Southeast Asian markets, including Thailand, Indonesia and the Philippines. The Y Combinator alum announced today that it has raised $15.75
Despite dealing with the pandemic’s impact in all of its markets, including Hong Kong and Malaysia, the company began to see business improve during the second quarter of this year. Taiwan startup FunNow gets $5M Series A to help locals in Asian cities find last-minute things to do.
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. .
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.
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.
In particular, fintech startups—BNPL, credit and lending, and inventory-holding businesses—are vulnerable, like i n other parts of the world. ” In Malaysia, regional companies still hire cross-border, but local companies have shifted back to local hiring. among those affected. It’s a correction in general.
The company’s VP of Business Development & International Matt Cooper, with whom I spoke a few days before the IDCEE conference where he came to give a talk, is not really concerned with the rivals’ numbers though. “For Among other fastest-growing client countries one can also find Latvia, Pakistan, Romania, Lithuania, and Malaysia.
Glints’ platform currently has three million professionals in five markets (Indonesia, Vietnam, Singapore, Malaysia and Taiwan), and 50,000 companies that are seeking workers, including AIA, IKEA, GetGo, KKday and Gameloft. Additionally, we’re seeing local employers interested in hiring both tech talent locally and also remote hiring as well.
Jenfi , a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The new funding will be used to grow its customer base in Singapore, Vietnam and Indonesia, and expand into new markets in Southeast Asia, like Malaysia, the Philippines and Thailand.
Peeba says the lack of B2B-focused online wholesale solutions and tech infrastructure hampered Asia’s antiquated B2B retail, wholesale market in business growth and new market entries during the pandemic. Lai said its localization effort isn’t just focused on supporting multiple languages. Wholesale marketplace Abound raises $22.9M.
Xendit works with businesses of all sizes, processing more than 65 million transactions with $6.5 Its website promises businesses that “with a single integration,” they can accept payments in Indonesia and the Philippines. .” So the first few months of the year, the startup’s business was hit hard.
Xendit’s solutions let businesses accept payments from many of these methods through three integration options. Xendit’s expansion strategy into new markets, like Malaysia and Vietnam, will rely on solving problems that are unique to each market. Philippines payment processing startup PayMongo lands $12 million Series A led by Stripe.
. “Especially in China, social media is really changing the way business is done,” founder Michael Michelini said. ” Even in closed beta, Weibo Agent has attracted the eye of supply chain and logistics companies, e-commerce businesses and the entertainment industry. “Weibo profiles are becoming like Chinese IDs.”
Founded in 2019 by brothers Paul Ndichu and Eddie Ndichu , Wapi Pay provides a payments gateway for African businesses to receive and send money from Asia via mobile money platforms and bank accounts. Most of the focus on remittance has been the flow of money into Africa for sustenance.
This helps them predict demand, guarantee return business and prevent overfishing. Its commodities include high-value products like lobster, which are shipped by exporters to markets like Malaysia, Singapore, China, Taiwan, Hong Kong, Canada and the United States.
Originally launched six years ago with an API for bank transfers, Xfers has since expanded its portfolio of software to include payment acceptance for businesses, tools for disbursing and transferring funds and a cryptocurrency wallet. Payfazz uses payment infrastructure developed by Xfers to accept digital payments.
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
Indonesia’s mortgage penetration rate is also just 3% of the local GDP, one of the lowest in Southeast Asia. Surjaudaja says Pinhome’s business model is more property-centric, providing an end-to-end solution related to property from home discovery to home financing. Some of IDEAL’s competitors include Pinhome, Cermati and Cekaja.
The Indonesian government believed that TikTok Shop’s business model would impact the livelihood of local small businesses, leading to the shutdown order. NVIDIA’s collaboration with Malaysia’s YTL Group to build a $4.3 billion AI data center in Malaysia. Later, TikTok announced a $1.5
The Indonesian government believed that TikTok Shops business model would impact the livelihood of local small businesses, leading to the shutdown order. NVIDIAs collaboration with Malaysias YTL Group to build a $4.3 billion AI data center in Malaysia. Which company has surprised you the most in 2023?
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. The funding from the all-equity round will be used to build a business around the offerings created by Vecmocon, Asati said. Sri Lanka and Malaysia.
Waze will also close several of its offices in the Asia-Pacific and Latin America regions as it seeks to refocus its business on certain markets. Waze is also closing offices in countries like Malaysia, Singapore, Colombia, Chile, and Argentina, as it seeks to bring more focus in countries where its business is growing.
Una currently has teams in Singapore, Malaysia and Australia and plans to expand in Southeast Asia before entering Taiwan, Japan and South Korea. To scale up, the company is currently building technology to automate its valuation process and will also have local teams in each of its markets.
He writes that his hope is that it “gives entrepreneurs a better benchmark to work off of when scaling their businesses.” The company also has formed a new B2B business led by Brandon Krieg, former CEO and now head of business development. Check it out here. Last August, the firm made its first investment in Africa.
Four hundred million people in the region already use the internet, but by year’s end, one estimate suggests that 80% of the population over the age of 15 in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam will be digital consumers. Since Big Tech came to Denver, investors can’t buy enough local startups.
We organize all of the trending information in your field so you don't have to. Join 12,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content