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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
Food Market Hub co-founders Anthony See and Shayna Teh. Malaysia-based Food Market Hub is a cloud-based platform that connects food and beverage (F&B) outlets directly to suppliers, making it easier to communicate and manage orders. This brings Food Market Hub’s total funding to $4.7 million so far.
Sparkline sets out to mine data for insights that could improve a company’s business via customized data analytics and strategic solutions. It claims to be the first in Asia to do so (its closest competitors are Cardinal Path in the US and fifty-five in France) and is already advising companies such as Google, Malaysia Airlines and SingPost.
Socar , South Korea’s largest car-sharing startup, tumbled in its Seoul stock market debut Monday even after pricing shares below the bottom end of a marketed range. Socar’s debut comes amid a sluggish period in the IPO market in South Korea that has prompted a series of Korean companies to delay their listing plans.
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 platform currently has 20,000 gig workers, who are called “GoGetters,” and has onboarded 5,000 businesses, including Lazada Malaysia, IKEA Malaysia, Foodpanda and flower delivery service BloomThis. While Malaysia has other on-demand work platforms, including Supahands and Kaodim, each has its own niche.
Farmers and food businesses, like restaurants, deal with the same issue: a fragmented supply chain. Secai Marche wants to streamline agricultural logistics, making fulfillment more cost-efficient and enabling food businesses to bundle products from different farmers into the same order. billion JPY (about $8.5 billion) in 2030.
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.
Oyo is ready to explore the public markets. 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 to name a few markets. Oyo has also streamlined its relationship with hotels in recent quarters.
The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. But founder Matthew Joseph Martin soon realized that the startup, backed by investors like Boost VC and Tim Draper, was serving a relatively niche market in the States. Meanwhile in Malaysia, where 61.3%
and expand its product in APAC, including the Philippines, Indonesia, Malaysia, Australia and Japan. It will also double down on existing markets such as the U.K./Europe. Asked what the upside of the Wirecard acquisition was, the Railsbank founder says it helps maintain an orderly market in the U.K.
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. The platform brings both emerging and traditional brands to the world of local retail in Asia.
WhatsApp is used by more than two billion around the world, and is an important tool for many small businesses. But as they scale up, even WhatsApp for Business might not be able to keep up with their needs. Built on WhatsApp for Business’ API, WATI has customer sales and engagement tools created for the messaging app.
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.
Both companies are based in Singapore and operate in Southeast Asian markets. Other acquisitions ShopBack has made to build out its business include personal finance community Seedly and Ebates Korea. ShopBack , the Rakuten-backed e-commerce loyalty platform, announced today it will acquire buy now, pay later startup Hoolah.
This is part of a strategic investment, with startup and MUFG planning to expand into new markets and product together in 2023. Akulaku, which operates in the Philippines and Malaysia in addition to Indoensia, offers a virtual credit card and installment shopping platform, as well as an investment platform and neobank.
SleekFlow , an omnichannel social commerce platform that helps businesses build customer flow automation from messaging and live video to transactions, has closed $8 million Series A funding led by Tiger Global Management. The global social commerce market is projected to rise to $6.2 Image Credits: SleekFlow. trillion by 2030.
TechCrunch caught up with Benjamin Croc , the company’s co-founder and CEO, who is located in Kuala Lumpur, Malaysia (the city pictured in the image at the top of this post). In our conversation, TechCrunch was curious about how prevalent SaaS as a model is in Malaysia and the other countries the startups wants to sell into.
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
The company launched in Singapore in May, followed by Malaysia in August. “Southeast Asia is predicted to be the world’s largest e-commerce market in the next five years, and the addressable market for us in Southeast Asia alone is already five times the size of Australia and twice the size of the U.S.,”
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. It also works closely with businesses to ensure that their deliveries are made on time.
Part of the funding will be used to expand into new markets, like Thailand, Malaysia and Vietnam. For people who aren’t familiar with Southeast Asia’s fragmented payments landscape and the challenges its poses for businesses, Wijaya explained that “while the U.S. This friction means lost business for companies.
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. The global construction management software market is expected to reach $23.9 billion in 2031, up from $9.3
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. During the pandemic, FunNow faced different challenges in each of its markets. He added that COVID has changed consumer habits.
Its fourth fund is focused on Malaysia and run by a separate team). Its team has grown to 35 people, with most based in Indonesia, but ACV also recently established Singapore and Malaysia offices. Fund V has already made five investments, including SkorLife , IDEAL and Atma. ACV recently hired Helen Wong as managing partner.
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.
Businesses, and the tech platforms that support their operations, had to adapt quickly to the pandemic. The capital will be used for expansion and growth in markets including New Zealand, Southeast Asia and the United Kingdom. Virtual HQs race to win over a remote-work-fatigued market. million USD).
Founded in Sydney in 2014, the company is now expanding into Southeast Asian and Western European markets. 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.
Upmesh was launched nine months ago by Wong Zi Yang, Soh Jan, Nhat Vu and Shawn Teow, and is now used by almost 300 live commerce merchants in Singapore, Malaysia and the Philippines. The way the software is structured has to be very customized to the individual markets,” Wong said. If we look at an interesting comparison to the U.S.,
Founded in 2019, Intellect’s markets now include Malaysia, Singapore, India and Hong Kong. In a statement, IHH Healthcare group chief strategy and business development officer Ashok Pandit said, “Mental health issues affect one in every four persons. IHH Healthcare is Intellect’s first strategic investor.
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.
oDesk claims that it dominates the market of online freelance marketplaces with $360 million spent by its clients in 2012; this number for the five closest competitors combined – Elance, Freelancer, Guru, People Per Hour, and 99Designs – reaches only $310 million. According to the last stats provided by oDesk itself, the company has 4.5
By digitalizing the insurance work for insurers and intermediaries, its platform enables them to save time, focus on their clients and scale their business. . The company is currently operating its service in Singapore, but plans to enter other markets like Malaysia, Hong Kong and Taiwan, Gordon Tay said. . “We
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. . We are taking the best practices along with key learnings to our next market launch.” .
It operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Thailand and Vietnam. It expects to see the total addressable market jump from $52 billion to $180 billion by 2025. According to Crunchbase , the company has raised over $10 billion, including from SoftBank’s Vision Fund.
The funding, which brings TreeDots’ total raised to $15 million, will be used to grow its operations in Malaysia, where it expanded last year, enter other markets and continue optimizing its logistics and supply chain business, called TreeLogs. About one-third of food produced in the world is never eaten.
WhatsApp has long transcended its roots as a simple messaging app for friends, and is now a core communication tool for businesses seeking a direct channel to their customers’ pockets — both literally, and metaphorically. We focus on traditional businesses with a digital gap.” Take App: WhatsApp ordering. ”
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 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. A glimpse into Singapore’s current startup ecosystem.
For brands, it gives them a way to conduct market research and collect first-party data, which is important as marketers prepare for a post-cookie world. Supermom currently has a presence in Indonesia, Malaysia, Singapore, Vietnam and Thailand, and plans to expand into more markets.
Launched in South Korea five years ago, content discovery platform Dable now serves a total of six markets in Asia. Now it plans to speed up the pace of its expansion, with six new markets in the region planned for this year, before entering European countries and the United States. Taboola and Outbrain call off their $850M merger.
It is a portfolio of loans to hundreds of small businesses in Singapore, which is the target market Validus serves, Goel added. . Last year, it acquired KlearCard, Singapore’s business payments and expense management platform. . In January, the company crossed a significant milestone of over $1 billion (SG$1.6
The global thirst for an up-charged pair of Yeezy’s or limited edition Jordan’s combined with a growth in a digital ecosystem is creating new opportunities, particularly in the sneaker resale market, for companies like Kicks Crew , a Los Angeles- and Hong Kong-based sneaker and apparel platform. Canada, Australia and Asia.
In a press statement, Sasidharan said, “Zenyum’s differentiated business model gives it a strong competitive advantage, and we are excited to partner with the founder management team to help them realize their growth ambitions.” This brings Zenyum’s total raised so far to $56 million, including a $13.6
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