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China’s JD.com pilots cross-border platform Joybuy in London as it takes on Temu in UK’s $163 billion e-commerce market

TechNode

Chinese e-commerce giant JD.com has started quietly piloting its cross-border platform Joybuy in the UK, marking its push into the European market. The move signals JDs ambitions to capture a slice of the UKs 127 billion ($163 billion) retail e-commerce market in 2024 the third-largest globally.

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The Roblox economy is going global, as users can now set regional pricing

Engadget

The company says this will make it easier for active community members to "better adapt to local market conditions and maximize earnings." " Prior to this move, users in a country like Vietnam would pay the exact same price as folks here in the US.

Global 102
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Edupia raises Series A to close the education gap in Vietnam

TechCrunch

There’s a large education gap in Vietnam between urban centers, which have access to more resources, and the smaller cities and rural areas where 80% of students live. Before founding Edupia, Hung spent 10 years as director of digital services at Viettel, the largest telco in Vietnam.

Vietnam 98
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Vietnam-based CoderSchool gets $2.6M pre-Series A to scale online course platform

TechCrunch

CoderSchool, a Ho Chi Minh City, Vietnam-based online coding school startup, announced today $2.6 In Vietnam, the demand for IT talent is dramatically increasing by 47% a year, while supply is only increasing by 8% year-on-year. Vietnam after-school learning startup Marathon raises $1.5M pre-seed round.

Vietnam 99
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YC-backed Homebase is an alternative to traditional mortgages for home buyers in Vietnam

TechCrunch

The home ownership rate in Vietnam is about 90% , but many millennials are struggling to join that number. Part of Y Combinator’s latest batch, Homebase was founded in 2019 to give prospective buyers in Vietnam an alternative to traditional financing. Homebase co-founders Phillip An and Junyuan Tan.

Vietnam 84
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Vietnam triples its clean energy goals, aims to get 16% of its power from solar

Fast Company Tech

Vietnam is revising its energy plans to focus more on large solar farms and less on reliance on coal and natural gas. But Vietnam also is emphasizing expansion of large solar farms to meet soaring demand for power generation. But while it’s building clean power capacity, Vietnam is also ramping up use of coal.

Vietnam 74
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Edtech MindX wants to build ‘little Silicon Valleys’ across Vietnam

TechCrunch

The startup’s goal is to create “small Silicon Valleys” across Vietnam, with educational centers that help prepare students of all ages for careers in tech. MindX also received another round of debt financing from Beacon Fund, an impact investment firm focused on women-owned and led businesses in Southeast Asia.

Vietnam 75