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
The Global Task Force on Pandemic Response — a public-private partnership of major U.S. Chamber of Commerce with support from Business Roundtable — has announced commitments in support of COVID-19 pandemic relief and response efforts in Indonesia and Southeast Asia. The situation on the ground in Indonesia is dire.
Summer International stays ahead of the game by identifying the most influential content creators, and working with them to incubate new brands. NYX founder and Bespoke Beauty Brands CEO Toni Ko will also join Summer International as a strategic investor. NYX was acquired by L’Oreal in 2014 for about $500 million.
This was the year that global investors not only started to pay close attention to the region’s tech ecosystems, but also began putting real money into them. Backed by international LPs, Southeast Asia-focused venture firms like Alpha JWC , AC Ventures and Jungle Ventures raised their largest funds yet. million people.
Byju’s plans to expand to international markets in the second half of next month as the Indian edtech giant, valued at more than $13 billion, looks to accelerate its growth, TechCrunch has learned and confirmed. Brazil, Indonesia and Mexico next month and explore other geographies later this year, it told employees in an email.
I was honored to be invited to cover this year’s Global Philanthropy Forum , a community of donors and social investors committed to international causes. ” with Jacob Harold , Guidestar; Robert Kirkpatrick , UN Global Pulse; Mayur Patel , Knight Foundation. Global Pulse @rgkirkpatrick.
Discovered more than a century ago in South Sudan, excelsa coffee is exciting cash-strapped locals and drawing interest from the international community amid a global coffee crisis caused mainly by climate change. It receives financial support for global health and development coverage in Africa from the Gates Foundation.
Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. Flip is Insight Partners’ first investment in Indonesia. . Arriyan, Luqman Sungkar and Ginanjar Ibnu Solikhin co-founded the company in 2015 while studying at University of Indonesia.
Dable (the name is a combination of “data” and “able”) currently serves more than 2,500 media outlets in South Korea, Japan, Taiwan, Indonesia, Vietnam and Malaysia. It has subsidiaries in Taiwan, which accounts for 70% of its overseas sales, and Indonesia. The Series C brings Dable’s total funding so far to $20.5
This marks the first time both have made an investment in Indonesia. One of the Jakarta-based company’s goals is to improve educational standards in Indonesia. Other investors in CoLearn include Leo Capital, TNB Aura, S7V, January Capital, Alpha JWC, Taurus Ventures, Alter Global and Mahanusa Capital.
Indonesia emerged as the best choice. Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. Gojek’s GoPay is also partnered with the Indonesia mosque council to allow users to make zakat, or obligatory alms giving, online. out of its 33.6
Mobile Premier League (MPL) has raised $95 million in a new financing round, just five months after it secured $90 million as the two-and-a-half-year-old Bangalore-based esports and gaming platform looks to grow in international markets. million users in Indonesia, also serves as a publishing platform for other gaming firms.
He is an adviser and investor focusing on high-impact entrepreneurship in emerging markets and has worked with the World Bank, International Finance Corporation, as well as numerous funds and startups focusing on developing countries. When the country first became independent, its mandate was to simply survive rather than thrive.
Also participating were VNV Global, RDIF, Flashpoint Venture Capital and others. million couriers and operates in 10 countries, including Brazil, India, Indonesia, Korea, Malaysia, Mexico, the Philippines, Russia, Turkey and Vietnam. They have succeeded in going global; becoming competitive in 10 new international markets.”.
In Indonesia, arisans are traditionally rotating savings and credit associations (RSCA) that let groups of people, primarily women, save and borrow money together. The round was co-led by Patamar Capital and PT Astra Digital Internasional, a subsidiary of conglomerate PT Astra International Tbk (also known as Astra International).
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. Despite layoffs, there’s still a talent crunch in Southeast Asia.
International guests from the US, Europe, Vietnam, Thailand, and more will converge in Shenzhen, China, to share their knowledge and secrets, collectively propelling the global short video and live streaming industry forward. million followers), and Akash Ellahi (with 14.9 million followers), making their Chinese show.
International Corporate Accountability Roundtable ● icar.ngo. Mission: To ensure corporations respect human rights in their global operations. International Society of Street Papers ● insp.ngo. World Vision International ● wvi.ngo. United States. Kopernik ● kopernik.ngo. Water for All ● water4all.ngo. United Kingdom.
Founded in 2019, the startup is operational in Vietnam and has applied for a license to launch in Indonesia. Before launching Jeff, Niparts was CEO of Spain for Digital Finance International, a fintech company that is part of the Finstar Financial Group. It also plans to enter the Philippines in the third quarter.
The company, which was founded in 2013, also plans to strengthen its global operations across six countries — Thailand, Indonesia, Vietnam, Myanmar, Cambodia, and the Philippines. About 70% came from Thailand while 30% came from the international market, the co-President Thamavaranukupt said.
Australia-based Employment Hero raises $45M AUD for its global expansion. “We The new capital will be used to hire for its engineering teams and for the company’s continuing international expansion. After that, it plans to localize Employment Hero for Indonesia, Thailand, the Philippines, Hong Kong and Vietnam.
What’s the point in using “global” tools (social media) for local organizing? From @amoration: I find we’re always both global & local, so many of us travel frequently that virtual organizing tools are essential even for “local&# endeavors. Social media used to engage local supporters to act globally.
Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. Africa’s startup market is bucking the global slowdown. It will also have a tighter geographical focus.
Speaking during a panel discussion at this years INCLUSIONConference on the Bund in Shanghai, Yang Peng, President of the International Business Group at Ant Group, said that digital transformation could help deepen SME merchants ties to consumers, and drive commerce with more growth tools. Still, the demand is booming.
Long established as a global financial center, Singapore also looks set to become the “Silicon Valley of Asia.” In the long term, the presence of global tech giants, coupled with homegrown unicorns like Grab, Sea (formerly known as Garena) and Trax, may also mean more exit opportunities for startups.
The rest of the round came from investors including iGlobe Partners, Alkemi, Global Brain, KDV and Infocom. The funding will be used to grow Docquity in its existing markets, like Indonesia and the Philippines, and enter new ones, including Japan, the United Arab Emirates, Saudi Arabia and Egypt.
By comparison, the top quartile of global VC and private equity funds launched around the same time have a TVPI of 2.4x, according to data from Cambridge Associates. Fund II also achieved internal rate of return (IRR) of 34.7%, compared to 26.1% for the other funds.
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.
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.
Interpark offers online travel booking services and international shipping to more than 230 countries and targets Korean, English, Chinese, and Japanese-speaking customers. Indonesia, the Philippines, India, and Africa as of September year on year. .
Viber is quite global. Obviously, we index better in some countries (and worse in others), but it’s pretty much a global phenomenon. We recently announced partnerships with Axis in Indonesia and Mobilink in Pakistan. At the current growth rate, Windows Phone will become #3 at some point.
Homebase’s other backers include VinaCapital Ventures, Class 5 Global, Pegasus Technology Ventures, 1982 Ventures, Antler and Darius Cheung, the founder and CEO of 99.co. Ultimately, Homebase’s goal is to enter other Southeast Asian markets where home owners also face a dearth of financing options, like Singapore, Thailand and Indonesia.
ByteDance has launched its first overseas micro drama product, Melolo, and formed a new team to oversee its global short-form content strategy, according to Chinese media outlet 36kr. Melolo, a free-to-use short video app, is ByteDance’s first entry into the international micro drama market.
Waze, the Google-owned navigation and mapping service, will lay off 5 percent of its global workforce, or about 30 people out of 555 total employees, the company’s CEO said in an email to employees. Globally, Waze customers drove 60 percent fewer miles in March, when lockdowns started going into effect, as compared to February.
billion underbanked people globally , the majority of which are from emerging markets. Due to the daunting logistics behind international expansions, it’s challenging for an African-based startup to expand outside the shores of the continent. There are over 1.7 ” FairMoney French team.
Chief executive officer Steven Goh told TechCrunch that the company was in the process of expanding into buy now, pay later services in 2020 when COVID-19 disrupted international travel. Founded in 2018, Achiko listed on the Swiss Stock Exchange the next year. Results are available within an hour and can be sent through Teman Sehat.
You can buy beautiful, handmade gifts made by artisans from companies and organizations like World of Good , Be Sweet , Global Girlfriend , The Amber Chand Collection and New Mexico Creates. Heifer International gives poor families a sustainable source of food and income by buying them livestock with your donation.
Few Chinese automakers have succeeded yet at globalization, but JETOUR is thriving as a multinational by trying a delicate strategy that only a very flexible, forward-thinking enterprise with a strong sensitivity to consumer needs can accomplish, which distinguishes it from many of its peers.
Snapchat’s parent Snap became the latest tech company to announce a huge round of layoffs, confirming ongoing rumors yesterday that it was cutting 20% of its global workforce , affecting at least 1,200 people. Additional figures provided to TechCrunch from Data.ai Zenly iPhone downloads for Japan on August 19, 2022.
I did a post a few weeks ago on youth programs in TechSoup Global's new Local Impact Map and decided I hadn’t covered this resource nearly enough. demonstrates what nonprofits, NGOs, and libraries around the world are doing with their TechSoup Global software donations to further their missions. Our Local Impact Map.
These are just a few of the other pieces of our "knitting" that we intend to stick to: Streamlining international grantmaking: NGOsource makes it easier for U.S.-based Our network partner in Indonesia runs Kitabisa.com ("We can"), a Kickstarter-like crowdfunding platform.
Data Digest is a weekly round-up of the latest news on data-related projects in the nonprofit sector, compiled and authored by Keisha Taylor of GuideStar International and TechSoup Global. They are building a network of Pulse Labs to this end, the first of which operates in Jakarta Indonesia. Big Data for Development.
Jason Ho, the Co-founder of BEYOND Expo, invited Jon Creyts, the CEO of Rocky Mountain Institute (RMI), to discuss the urgent need for global cooperation, investment, and innovative technology to address climate change on Wednesday at the BEYOND Expo 2024 opening ceremony. The following transcript has been edited for clarity: 1.
Maximizing each partners’ strength, global reach and diverse experience, we are coming together to tell the story of progress (and lack thereof) for girls and women against the promises guaranteed in the Sustainable Development Goals (SDGs).
Top Chinese automakers BYD and Geely on Monday reported record sales of electric vehicles in 2023 on the back of year-end momentum from their home turf and strong shipments to overseas markets, as Chinas booming industry ramped up its push for global expansion. Exports of new energy vehicles, mainly all-electrics and plug-in hybrids, grew 83.5%
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