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Jim Collins , the author of several of my favorite business books ( Built to Last and Good to Great ), got to know Admiral Stockdale at Stanford University many years ago. The post What the Vietnam War and the Stockdale Paradox Can Teach Us About How to Face 2022 appeared first on The MatriX Files.
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.
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.
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.
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.
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 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.
Now Infina , which calls itself the “Robinhood of Vietnam,” is announcing an oversubscribed $2 million seed round. of people in Vietnam have invested in stocks. But according to the Vietnams Securities Depository , about 500,000 trading accounts were opened during the first five months of 2021, a 20% increase from all of 2020.
Fazz will use the round to continue building out its business accounts, which include payment, savings and credit features. It plans to double its transaction volumes over the next 12 months, and expand its teams in Singapore, Indonesia, Malaysia, Vietnam and Taiwan from 800 employees to 1,400.
As a result, many social commerce sellers not only have unreliable supply chains but also don’t have the software and marketing support they need to build their businesses. . “From a supply chain perspective, not too much has been built in.”. Aemi also offers marketing support, which means helping sellers create memorable content.
Kilo , a Vietnam-based B2B e-commerce platform that connects wholesalers with micro, small and medium enterprises (MSMEs), wants to digitize the local retail value chain via technology. “In Kilo was founded in 2020 by Narayan, former CMO of Groupon, vice president of Coupang and chief business officer of TIKI Corporation.
Berlin-based y42 (formerly known as Datos Intelligence), a data warehouse-centric business intelligence service that promises to give businesses access to an enterprise-level data stack that’s as simple to use as a spreadsheet, today announced that it has raised a $2.9 million seed funding round led by La Famiglia VC.
Singapore-based Aspire , which wants to become the financial services “one-stop shop” for SMEs, announced that its business accounts have reached $1 billion in annualized transaction volume one year after launching. We can go in and say we offer all-in-one financial tools for growing businesses,” he said.
A Manila-headquartered startup called CloudEats , which operates cloud kitchens across the Philippines and Vietnam, just raised a $7 million Series A extension led by Nordstar to accelerate the digitization of food service in Southeast Asia. . We are taking the best practices along with key learnings to our next market launch.” .
A few months ago, brothers Hai Nam Bui and Hai Long Bui were developing a bookkeeping app for small retailers in Vietnam. Called SoBanHang (or “sales book”), it would help businesses that usually rely on paper ledgers digitize their operations, similar to Khatabook in India and BukuKas and BukuWarung in Indonesia.
Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. Fuse uses mobile applications to offer an agent-focused service, B2A (Business to Agent/ Broker).
To get more data for its latest Southeast Asia Tech Talent Compensation report, which covers startup hiring in Singapore, Indonesia and Vietnam, Monk’s Hill Ventures teamed up with Glints , one of its portfolio companies. Glints is a recruitment platform that claims 4 million users each month and is used by 30,000 organizations.
Loship’s new funding will be used to expand into new cities and grow verticals like B2B deliveries for small food and beverage businesses and retail stores. Mio, a social commerce startup focused on smaller cities and rural areas in Vietnam, raises $1M seed. to connect farmers and F&B businesses in Vietnam.
The company’s business model is similar to Divvy Homes and ZeroDown in the United States and, in fact, Divvy Homes co-founder and former CEO Brian Ma and Zerodown chief operating officer Troy Steckenrider III are investors in Homebase. YC-backed Homebase is an alternative to traditional mortgages for home buyers in Vietnam.
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.
The startup, which launched its app in Vietnam last year, announced today it has raised $1 million, led by the Estonian Business Angels Network (EstBAN). Jeff currently claims more than 300,000 users in Vietnam. ” Payfazz invests $30M in Xfers as the two Southeast Asian fintechs form Fazz Financial Group.
It will also use the funding to continue its expansion in overseas markets, including Vietnam, where Toss launched last year. Merchants can use Toss Payments to send and receive online payments and manage their business finances. Viva Republica, which hit unicorn status in 2018 , has now raised more than $940 million in equity funding.
Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. 20% of profits are microloaned to farmers and small business owners. Proceeds benefit Amnesty International, a nonprofit that works for the human rights of all people – no matter who they are or where they are.
Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. 20% of profits are microloaned to farmers and small business owners. Proceeds benefit Amnesty International, a nonprofit that works for the human rights of all people – no matter who they are or where they are.
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
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
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.
Its play-to-earn business allows players to earn rewards by playing games like Axie Infinity, Townstar and Spider Tanks, and also get training from professional esports players. Ampverse CEO Ferdinand Gutierrez said that the company’s revenue has grown 125% over the last 12 months, during which it expanded into Vietnam and India. .
Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. The company was founded in 2015 by Kelvin Teo and Reynold Wijaya after they met in Harvard Business School.
The Vietnam War and Big Data: A Case Study in Machine Learning Robert S. It was his work as Secretary of Defense during the Vietnam War, though, that connects him to what we now call data science and big data analytics. At a high-level, winning the Vietnam War What is the key uncertainty he hoped to solve? Fair question.
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.,
Andrew Brodsky is a management professor at McCombs School of Business at the University of Texas at Austin. If they use business jargon, follow their lead. I ran a series of studies on this topic, using study contexts including negotiators, coworkers, and teachers and parents from international schools in Vietnam.
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.
The new capital will be used on Glints’ expansion in Singapore, Indonesia, Vietnam and Taiwan and hiring for its product and engineering teams. Glints says its cross-border remote work hub, TalentHub, doubled its business in 2020 as the pandemic also made employers more open to hiring remotely.
Samsung says its mobile business suffered from the industry-wide component shortage as well as “production disruptions” in its Vietnam factories, some of which were closed after a COVID outbreak. Combined with weak seasonality resulting in less demand, revenue declined from the previous quarter, though it was still up year-on-year.
It also recently expanded into Nigeria, Ghana and Vietnam, among other markets. Around this time, the two met Mishra, who was head of business for Indian delivery startup Dunzo, and started talking about how to solve the onboarding problem at scale.
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. The startup says its gross merchandise volume (GMV) has grown more than 4x year-over-year.
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. Glints’ team. Despite layoffs, there’s still a talent crunch in Southeast Asia.
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.
Its seed round was led by Nexus Venture Partners, with participation from Insignia Venture Partners, Arka Venture Labs, Better Capital and Vietnam Investments Group.
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. pre-seed round.
Small businesses in the U.S. Bzaar , a business-to-business cross-border marketplace, is connecting retailers with over 50 export-ready manufacturers in India. That’s why we think this business needs to exist.”. now have a new way to source home and lifestyle goods from new manufacturers. Traditionally, small U.S.
It operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Philippines, Thailand and Vietnam. It was very challenging for us too, but it taught us immensely about the resiliency of our business,” Grab co-founder and CEO Anthony Tan said in the announcement. This is even more critical as our region recovers from COVID-19.
The Seoul-headquartered company also plans to make further investments in the proptech sector in South Korea and Southeast Asia, including Singapore, Vietnam, and Indonesia, Lee said. Rsquare, which opened an office in Vietnam in June, is set to enter Singapore this month and Indonesia in 2022, Lee added.
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