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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.
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. Ours is a shared past. Investment-wise, in 2023, Malaysia has secured over MYR189 billion ($39.94
Socar , South Korea’s largest car-sharing startup, tumbled in its Seoul stock market debut Monday even after pricing shares below the bottom end of a marketed range. million), giving the car-sharing company a valuation of 966.5 Last week, Socar cut its targeted IPO offering to 102 billion won ($78.1 million users and 1.4
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.
Tiger Global’s latest investment in India is Vecmocon , a startup building solutions to bring safety and reliability alongside intelligence and health monitoring to light electric vehicles (EVs), addressing concerns that are curtailing the sales of electric scooters in the South Asian market. Tiger Global co-led the pre-Series A round of $5.2
The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. 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% out of its 33.6
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.
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.
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
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. .
For 20 years, the global communications firm Edelman has studied the influence of trust across government, media, business, and nongovernmental organizations (NGOs). Here are five takeaways about global trends in the public’s trust in NGOs: 1. Leave a comment to recommend a report for an upcoming feature.
A cloud kitchen — also known as a ghost kitchen or a shared kitchen — offers restaurant owners and food entrepreneurs a commercial kitchen space at a reduced cost for food delivery and takeout. This trend has been circling around the restaurant industry. CloudEats says it has served more than 2.5 million orders.
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. The firm’s value-add includes working with founders to hire key talent and sharing talent operation playbooks.
Beam , a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. The Series B brings Beam’s valuation up into the triple digits, says CEO and co-founder of Beam Alan Jiang who declined to provide exact numbers. .
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.
Share on Twitter. 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. Toni Eliasz. Contributor. A glimpse into Singapore’s current startup ecosystem.
He said that allows the startup to control costs and distribution, but it also “enables us to do something brand new with creators,” giving them a 50-50 split on revenue, as well as sharing audience data and ownership of the intellectual property.
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 company said that initial units shipped with batteries that didn’t work as expected , forcing it to send the units back to Malaysia to get new batteries. Panic also said that it has been affected by the global chip shortage in a significant way. The global chip shortage has had a major affect on gaming hardware.
For us, the opportunity is not about taking market share from other players, it’s really about expanding the awareness of online work and hiring these virtual global teams as an alternative to traditional way of recruiting or building a company,” he said. You do have to be a little more specific, a little more organized.
Founded in 2018 by Daniel Hazman and Jonathan Keith, Nimbly is currently used by more than one hundred organizations in seven countries, including Indonesia, Singapore, Malaysia and the United States. The startup announced today it has raised $4.6 AI-based customer engagement platform iKala raises $17 million to expand in Southeast Asia.
The company announced today it has raised $12 million in Series A funding led by Jungle Ventures, with participation from Tiger Global and returning investors like Bling Capital. In total, Amber is used by 30,000 employees in Singapore, Malaysia, Indonesia and the Philippines. This brings inFeedo’s total raised since the U.S.-headquartered
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.
Few managers have overseen a reduction in force, which is why Nigel Morris, co-founder and managing partner of QED Investors, has been sharing a five-page document with his portfolio company CEOs to give them guidance. The social media channel joins others in launching a paid version in India at a fraction of the cost it charges globally.
billion) to establish an AI hub in Malaysia. TikTok, the companys globally popular video-sharing app, is under regulatory scrutiny in several countries. TikTok, the companys globally popular video-sharing app, is under regulatory scrutiny in several countries.
Investors include 500 Startups, Kingsway Capital, 468 Capital, Presight Capital, Global Founders Capital and Maximilian Bitner, the former CEO of Lazada who currently holds the same role at secondhand fashion platform Vestiaire Collective. Target Global leads $150M round for Amazon Marketplace consolidator Branded.
Singapore and Malaysia, so it wants to go deeper into Europe more broadly and into more of Asia Pacific, he said. million users and more than 1,600 enterprises globally, with companies like Microsoft, TikTok, the University of Oxford, Suzuki, Asahi and Thrifty, as well as many smaller businesses, among its customers.
Xfers co-founder Tianwei Liu told TechCrunch in an email he and Payfazz co-founder Hendra Kwik began talking about joining forces in early 2020 because of their startups’ shared goals. Customers deposit cash with agents, and that balance can used to pay phone, electricity and other bills.
When looking at the industry as a whole, Mainland China has around 38% of the global packaging market, the only part of the semiconductor value chain that it leads in, and three of the top ten companies globally. market share and locations in China, Singapore, and Korea. Taiwan has six companies, and the US has one.
Why it matters: The news comes after Chinese car brands combined market share reportedly swelled by six points to 11% in Thailand in 2023, thanks to growing demand driven by favorable subsidies and tax breaks for EV purchases. million by 2030, making the country a regional manufacturing hub for EVs.
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.
We proudly welcome NGO partners Vietnet-ICT and the Lin Centre in Vietnam, as well as ASEAN Foundation , Kopernik Marketplace , and YCAB Foundation in Indonesia to the TechSoup Global family. They are all part of TechSoup Asia , which serves charities in the Philippines, Malaysia, Singapore, Thailand — and now Vietnam and Indonesia.
Stay tuned, and please feel free to share with anyone looking for a new opportunity! There, she was responsible for the Singapore, Indonesia, Malaysia and Bangladesh markets, plus the primary verticals of SaaS, B2B marketplaces, proptech, edtech, commerce and consumer internet. Last August, the firm made its first investment in Africa.
Highlights of the conversation include Ariel sharing some impressive growth metrics: Spend volume processed via Navan Expense in the first quarter of 2023 grew more than 3x compared to Q1 2022 — and by 4.7x Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world.
A lot of them are in Malaysia and Vietnam. If you go back to May 2020, Boston Consulting Group put out this forecast that overall, 2020 global vehicle sales would drop 14 to 22 percent, in their most likely case. So what that means is you’re going to gain market share on them. If I don’t have chips, I lose market share.
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.
Four hundred million people in the region already use the internet, but by year’s end, one estimate suggests that 80% of the population over the age of 15 in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam will be digital consumers. Allbirds flotation should help the market sort the value of tech-enabled IPOs.
TechSoup Global’s Dara Westling attended the recent Global Donors Forum in Washington, D.C. She is our vice president of development alliances and global media for TechSoup Global’s domestic and international programs. We connect the local with global resources.” Dara Westling.
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. It is one of several projects at TSG that aims to retool our models to achieve maximum impact.
The global economy had become, almost overnight, a topsy-turvy gray market — something Kaplan knew a lot about. He learned which regions in Thailand, Malaysia, and China had all the glove factories. He told Kaplan he liked flying planes and shared some of his exploits as a fighter pilot during the war in Vietnam.
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