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Digitimes Asia reports that Japanese suppliers Chemi-Con and Nichicon had to close their facilities in Malaysia because of Covid lockdowns in July and August. Even after ending the lockdowns, they've reportedly only returned to around 60 percent of their workforce, which has forced them to cap their manufacturing capacity.
The third edition of the Global Trends in Giving Report (the sister report to the 2019 Global NGO Technology Report ) will be published September 15, 2020 , and for the first time, we are conducting an open call for partners worldwide. Example 4: You are a volunteer recruitment website in Malaysia. How to Apply.
Tiger Global, which led the startup’s Series C round in February this year, has led the $125 million Series D financing round in the five-year-old startup. Some of its clients are in Bangladesh, Malaysia, Singapore and Dubai. “We Tiger Global goes super aggressive in India.
million USD) Series B led by Tiger Global, with participation from Jason Lenga. The company launched in Singapore in May, followed by Malaysia in August. Shippit , a Sydney, Australia-based e-commerce logistics platform, will expand in Southeast Asia after closing a $30 million AUD (about $22.2
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.
Today the Hong Kong and Malaysia-headquartered startup announced it has raised $23 million in Series B funding to scale its team and product. WATI, a CRM tool built for WhatsApp, raises $23M led by Tiger Global by Catherine Shu originally published on TechCrunch. 10 onboarding improvements that cut our customer churn by nearly 3x.
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 and other countries in Europe. trillion by 2030.
The 2nd China-Malaysia Science & Technology Innovation Summit kicked off in MRANTI Park, Kuala Lumpur on Wednesday (March 6) with the theme Fostering Collaborative Innovation, Building the Future Together. For almost 15 years now, China has been Malaysias largest trading partner, one that is valued at over MYR487 billion ($102.92
Tiger Global co-led the pre-Series A round of $5.2 The startup also does not want to limit itself to India, as it has started working in a pilot phase with clients in global markets and has its initial customers in the U.S., Sri Lanka and Malaysia. Now they secured some much-needed fuel to expand.
Employment Hero doubled the number of its full-time employees to 200 last year, and launched versions in New Zealand, the UK, Malaysia and Singapore. During the pandemic, the company launched a new service called Global Teams for remote work. 6 VCs share their bets on the future of work.
The round was led by Tiger Global Management, with participation from returning investors Accel, Amasia and Goat Capital, the venture firm co-founded by former Y Combinator partner Justin Kan (in 2015, Xendit became the first Indonesian startup to participate in the accelerator program). “For We’re going to hire a whole team on the ground.”.
Today it announced it has added $10 million to its war chest in a Series A extension led by Tiger Global, bringing the round’s total to $20 million. A new examples include Meta-backed Ami , MindFi and Thoughtfull , plus a roster of startups focused on specific markets, like Ooca in Thailand or Naluri in Malaysia.
I’ve been fortunate enough to be hired to provide three social media trainings to their nonprofit partners in Malaysia (photo above), Singapore, and the Philippines. Tolerance and appreciation for diversity in thought is so important as we go deeper and more global into the 21st Century.
Also participating is Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. Nigel Verdon, co-founder and CEO of Railsbank, tells me the injection of capital will be used to continue expanding the fintech’s global footprint and for further product development.
Comparable to DoorDash Drive or Lalamove (Malaysia), Dostavista is a “crowdsourced” same-day delivery service. Also participating were VNV Global, RDIF, Flashpoint Venture Capital and others. They have succeeded in going global; becoming competitive in 10 new international markets.”.
With the theme of Technology for a Sustainable Future, the INCLUSION Conference on the Bund was held in Shanghai from September 7 to 9, bringing together global experts, scholars, and entrepreneurs to explore technological developments in economic industries.
Founded in 2019 by Mohd Wassem, Rhythm Gupta and Abdul Khalid, Easy Eat AI currently has operations in Malaysia, and plans to expand into other Southeast Asian markets. Malaysia-based inventory management platform Food Market Hub raises $4 million from Go-Ventures, SIG.
Perhaps this is the impact of so many accelerators going virtual, widening the founder pool from whom they might matriculate to include a more global group of founders. The investment was led by Global Founders Capital , and saw participation from East Ventures and angel investors. Back to BrioHR itself, the company is announcing $1.3
This technological breakthrough prompted multiple sources to confirm that Huawei has discreetly initiated a comprehensive strategy to reenter the global smartphone market, actively preparing its channeling and marketing teams for international markets. This month, Huawei is also expected to launch a new smartwatch in Spain.
Australia-based Employment Hero raises $45M AUD for its global expansion. “We Employment Hero began entering new markets in October 2020, launching localized versions of the platform in New Zealand, the United Kingdom, Malaysia and Singapore. We always thought Insight Partners would be a great partner,” Thompson told TechCrunch. “We
Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. Meanwhile in Malaysia, where 61.3% Islamic fintech startups in Malaysia and Indonesia have the support of government policies. out of its 33.6 CAGR by 2026, outpacing traditional fintech’s 13.5%
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 past Sunday was October 10th, 2010 – also know as 101010, the Global Work Day for climate action supported by 350.org I hope you’ll pause at each one and think about the way water is changing the lives of those in the pictures and community around the world: 350 Rising Sea Level Campaign at Kuala Terengganu, Malaysia.
Web Summit is planning for the 2022 edition of RISE to be in-person, and has agreed to a three-year partnership with Malaysia Digital Economy Corporation (MDEC) to host the event. Web Summit cancels next year’s Rise conference over tension in Hong Kong. We hope to return to the city in the future with a brand new event.”
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. Earlier this year, Akulaku raised $100 million in funding from Siam Commercial Bank as part of another strategic investment.
million in Series A funding led by Tiger Global, with participation from returning investors Global Founders Capital and HOF Capital. 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.
CEO Eddie Wu, in an internal memo, said the move aims to enhance the companys ability to serve consumers worldwide and support small- and medium-sized enterprises in expanding across global markets, as reported in Chinese media outlet 36Kr. In September, Taobao introduced an English version of its platform in Malaysia and Singapore.
The equity investment came from returning investors Tiger Global, DST Investment, B Capital, Insignia Ventures Partners and ACE & Company, with participation from Ilham Ltd, EDBI, InterVest, Y Combinator managing director Michael Seibel and GGV Capital managing partner Hans Tung.
Alibabas China-focused marketplace Taobao has joined the wave of Chinese e-commerce platforms launching cross-border operations with a plan to ship clothing globally for free. Why it matters: The move illustrates Taobaos efforts to tap into a broader global market while also engaging in competition with Pinduoduo at home.
Its other backers include Tiger Global, Y Combinator and Insignia Ventures. Founded in 2019, Intellect’s markets now include Malaysia, Singapore, India and Hong Kong. IHH Healthcare also made an investment into the startup, without disclosing the amount. IHH Healthcare is Intellect’s first strategic investor.
Una, one of the largest e-commerce aggregators in Asia, has already established its presence across Asia, including Singapore, Australia, India, China, Indonesia, Malaysia and Taiwan, since its launch in 2021. . Una says that South Korea, the fifth-largest e-commerce market globally, is considered a key market for Una Brands. .
The amount of the investment is not being disclosed, but Aldagram said it will use the funds to sharpen its focus on India, Thailand, the Philippines, Malaysia and other countries in the region. The global construction management software market is expected to reach $23.9 billion in 2031, up from $9.3
E-commerce aggregator Una Brands gets $30M to acquire more APAC brands The company, which employs more than 200 people across Singapore, Indonesia, Malaysia, Australia, India and China, has acquired over 20 e-commerce brands in Asia. (The startup said in September it had annualized revenue of more than $50 million.)
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. Within two months, our return for takeaway was almost the same as dine-in revenue,” said co-founder and chief global strategist CC Chang.
Vashisht said HealthifyMe is India’s top health and fitness app, but its long-term goal is to become the global leader. About 25% of HealthifyMe’s revenue comes from outside of India, including Singapore and Malaysia. HealthifyMe has now raised more than $100 million in total. We begin by building a food database with local foods.
Speedoc is available in a total of nine cities, including eight in Malaysia. In a statement about the funding, Shinhan Venture Investment (Global Investment) director Jinsoo Lee said, “Healthcare provision and delivery in Southeast Asia is poised for tremendous change in the next decade.
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.
As of 2019, Singapore had over $19 billion in PE and VC assets under management, more than twice that of neighboring Indonesia, Philippines, Vietnam, Malaysia, and Thailand combined. A glimpse into Singapore’s current startup ecosystem.
to send money to the region, much higher than the global average of 6.8%. “We spent some time in Asia, given the growing trade relationship between the two corridors [Africa and Asia], and saw the growing need to make this more efficient, faster and cheaper, evolving from remittances to global payments. ” he added.
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.
Many of you contacted me to say that you enjoyed my interview with Kavita Ramdas , the President and CEO of the Global Fund for Women. Ellen Johnson Sirleaf, the Honorable President of Liberia, as well as women leaders from Colombia, South Africa, Malaysia, Liberia, Bosnia/Herzogovina and Egypt will be honored at the event.
The round, which Thoughtfull said was oversubscribed, also included participation from returning investors Vulpes Investment Management, The Hive Southeast Asia, global family offices and founding members of companies like Grab and Zalora. Sheares is a wholly-owned subsidiary of Temasek.
The new round brings its total raised to $538 million and was led by Coatue and Insight Partners, with participation from Accel, Tiger Global, Kleiner Perkins, EV Growth, Amasia, Intudo and Goat Capital. Part of the funding will be used to expand into new markets, like Thailand, Malaysia and Vietnam.
Today, the Singaporean-based startup announced it has raised $10 million, with the goal of expanding its wireless laser communications system in Indonesia, India, the Philippines, Malaysia, Singapore and the United States. Some of its previous backers include EDBI, Entrepreneur First, 500 Global, SparkLabs Global Ventures and Michael Seibel.
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