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Taiwan startup FunNow gets $5M Series A to help locals in Asian cities find last-minute things to do. In Taiwan, FunNow’s biggest market, life was relatively normal until an uptick in cases triggered a lockdown from May to August, causing its revenue to decline sharply, but now it has returned to about 80% of its pre-pandemic performance.
AppWorks , the Taipei-based venture capital firm focused on Taiwan and Southeast Asia, announced today it has closed its oversubscribed third fund, raising $150 million. 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.
We also achieved 38% market share globally. We succeeded because we secured data through market research and used the data to inform our global strategy. Here are a few key strategies to achieving this kind of international growth. This data is critical when planning for an international rollout. Research your market.
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
Electric scooters powered by Gogoro ’s swappable, rechargeable batteries now account for nearly a quarter of monthly sales in Taiwan , its home market. But India is obviously a much larger market, in terms of geography and population, than Taiwan. This is why Gogoro and Hero MotoCorp’s swapping station joint venture is important.
In countries where English is not a main language, listed companies not only have to deal with financial disclosure regulations, but make sure their investor materials are available in English for global backers. The Taipei-based startup’s clients include Foxconn, ASUS, China Airline, the Taiwan Stock Exchange and Taiwan Mobile.
Riiid has said it will continue to fuel its global expansion with the funding. . This acquisition is the first step in an inorganic strategy to ultimately apply Riiid’s AI technology to the global market and help more learners around the world.” . Riiid has been actively penetrating the global market since 2020 after it opened the U.S.
A global phishing campaign has been targeting organizations associated with the distribution of COVID-19 vaccines since September 2020, IBM security researchers say. The attacks focused on groups associated with Gavi, an international organization that promotes vaccine access and distribution. Amelia Krales.
The global market of conversational commerce, also known as chat commerce or conversational marketing, is expected to increase to $290 billion by 2025, up from $41 billion in 2021, representing a 590% rise for the next four years, according to a report by Juniper Research. Shimizu added.
This years Most Innovative Companies in computing include TSMC; the Taiwan-based fabricators N3P chip offers the smallest, most densely packed transistor size yet, while the company Chip-on-Wafer-on-Substrate (CoWoS) packaging technology is integral to AI accelerator chips, including Nvidias Blackwell GPU. in Ehningen, Germany.
The oversubscribed round also included participation from SBI Investment (a subsidiary of SBI Holdings), Global Founders Capital, ThreeD Capital, E.Sun Venture Capital, Systex Corporation, MetaPlanet Holdings, AppWorks, BlackMarble, New Economy Ventures and Seraph Group. and then in Taiwan, we were not exposed to those issues.
“Whereas global providers give a personal touch maybe only to a few big clients in the enterprise sectors.” Warren’s seed funding also included participation from Lemonade Stand and angel investors like former Nokia vice president Paul Melin and Marek Kiisa, co-founder of funds Superangel and NordicNinja.
The company also acknowledged that it didnt fully consider South Koreas data protection laws when launching the service globally. Other countries like Australia and Taiwan have also banned the app on government devices due to security concerns. DeepSeek only established a local presence in South Korea on February 10.
Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micromobility market. ” This article has been updated with more information from Magna.
Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” The E-2 visa provides a great option for international founders whose home country has a trade and commerce treaty with the U.S. Sophie Alcorn.
Based in New Taipei City, Taiwan and led by chief executive officer Alice Chang, Perfect Corp. is probably best known to consumers for its beauty app, YouCam Makeup, which lets users “try on” virtual samples from over 300 global brands, including ones owned by beauty conglomerates Estée Lauder and L’Oreal Paris.
In addition, participating startups get co-working space, will attend weekly classes and have access to four to six mentors who have expertise in various industries, not just in South Korea but global regions. . He added that its partners and mentors are all former entrepreneurs and have global business experience in both the U.S.
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 nonprofits and other non-government organizations (NGOs) need American support to function, or even exist, a trio of witnesses told U.S. In the past five years, 72 countries have introduced 270 measures restricting civil society,” Douglas Rutzen, president and CEO of the International Center for Nonprofit Law testified.
Based in Taipei, Taiwan, eYs3D was spun out of Etron , a fabless IC and system-in-package (SiP) design firm, in 2016. WI Harper, a cross-border investment firm with offices in Taipei, Beijing and San Francisco, will give eYs3D access to its international network of industrial partners.
The Global Times , a news site owned by People’s Daily , posted an op-ed late Monday acknowledging Zhao’s win but criticizing Nomadland as “typically American and far from the real life of the Chinese people.” Of Zhao, the Global Times wrote: “We hope she can become more and more mature.
The semiconductor company VSMC, a joint venture between Dutch chip giant NXP and Taiwan’s Vanguard International Semiconductor (VIS), broke ground on its 300mm wafer fabrication plant in Singapore on Wednesday. In 2023, the global automotive semiconductor market reached $69.2 Guancha, in Chinese ]
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. It recently launched in Taiwan, where more than 2,000 doctors have signed up so far. It has also set up internal compliance and pharma co-vigilance team to ensure privacy and security.
Today came the latest development in that story: HungryPanda , which makes a Mandarin-language app specifically targeting Chinese consumers outside of China, has raised $70 million to continue its global expansion in delivering food from Chinese restaurants and Asian grocery stores targeting the Chinese diaspora.
The company continues to grow impressively, with annual year-over-year profit growth of up to 40%,” said global strategy officer of Kakao Entertainment and CEO of Radish and Seungyoon Lee, who led the acquisition of Wuxiworld. . Kakao Entertainment opened offices in Thailand and Taiwan earlier this year.
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.
He writes that the video app is “popular for supporting a wide range of video formats and reliability on low-cost Android smartphones, has expanded to original content in recent years and has amassed more than 300 million users globally.” The company said the attack gave hackers access to documents and source code.
I say series of events because virtually every region in the semiconductor ecosystem gets one Semicon China, Semicon Europa, Semicon India, Semicon SEA, Semicon Japan, Semicon Korea, Semicon West (USA), and of course Semicon Taiwan, all throughout the year. Working together globally is key to reaching these goals, they said.
Co-founders Kevin Lee and Kevin Chanthasiriphan both grew up in food families from Taiwan and Thailand, respectively, and met a decade ago while working at the same tech company. The global instant noodle space is projected to be a $32 billion industry by 2027, with $7.7 and are even looking to go international.
This morning, global media noted weekend news that Yahoo, TechCrunch’s parent company, is pulling its remaining services from China. TechCrunch held events in China as recently as 2019 , following several years of hosting conferences in the country’s hardware capital, Shenzhen. How quickly things change.
Zypp Electric, an Indian startup that offers an EV-as-a-service platform catering to e-commerce companies and gig workers, has received a $25 million investment led by Taiwan’s battery-swapping giant Gogoro. This round included $5 million in debt from global impact fund IIX and an undisclosed national bank.
Having been at TechSoup Global for eight years now, I can remember what it was like before we added the “Global” to our name (literally and figuratively). Aletha Schelby is Program Manager for TechSoup Asia. For now, I invite you to visit TechSoup Asia , like us on Facebook, and tell your friends!
Find your closest NetSquared group on our global map. Taipei, Taiwan: PC / Web site information security: proposal for non-profit organizations. Ben Teoh in Adelaide looks at faith and international aid. August’s NetSquared Events. With meetups in 50 cities there’s probably an event near you! Tuesday, August 13.
London in particular remains a key destination for international firms looking to spread their proverbial wings, with U.S. This includes international companies that are establishing a presence for the first time, and those that are expanding an existing footprint (this may include M&A activity). capital in recent months.
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.
We're a global movement with chapters in 24 countries. Every month, our global network of community organizers hosts Tech4Good events in more than 70 cities. The targets need to be linked like so: --> Jump to events in North America or go international with events in. Taipei, Taiwan: 非營利組織總是缺一個資訊人?– 談談司改會的資訊部門在做什麼?.
NetSquared’s global network of volunteers will be organizing more than 30 events this April in communities as diverse as Mukono, Uganda; Wellington, New Zealand; and Boston, USA. Taiwan, Taipei: Net Tuesday. Guatemala: EgarageTec-Day International Girls in ICT 2014. Wednesday, April 9. Thursday, April 24. Sunday, April 27.
That’s why TechSoup Global also offers NetSquared, community of nonprofit technology meetups with groups in twenty countries. Guatemala: EgarageTec-Day International Girls in ICT 2014. Taipei, Taiwan: Nonprofit organizations accountability and transparency. Washington, DC: Happy Hour: Celebrate Spring & Tech.
According to the International Environmental Technology Center of the United Nations Environment Program. According to Park Young-Woo of the United Nations Environment Program, the Asia-Pacific region now produces more than half of global e-waste. In Taiwan, the recycling rate for IT equipment and appliances combined is 82.
Charity Digital News , Wired , and several other UK tech publications recently reported on Nominet Trust 100 , or NT100, which is a new comprehensive global list of promising applications of digital technology for social good. Images: TechSoup Global and Nominet Trust. The Best Technologies For Social Good. See the map here.
She is also on the Board of Directors for tech startups such as Averatek, Cambridge Touch Tech, Econic, Thingple, Global Power Tech and more. There is an estimated global CO 2 emission of 33 billion tons per year. The global capacity for carbon capture in 2021 was 43 million tons per year, accounting for just 0.1%
Our events are powered by a global network of volunteers dedicated to building strong, self-sufficient, local communities of nonprofit technology practitioners. We're a global movement with chapters in 20 countries. The targets need to be linked like so: --> Jump to events in North America or go international with events in.
But did you know that our work is global? That's why TechSoup created NetSquared , our global network of volunteer-led Tech4Good meetups. Every month our global network of community organizers hosts Tech4Good events in more than 70 cities. Saint Paul, Minnesota: Treading Lightly | The Delicate Art of Internal Communications.
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