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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.
In late October, the Department Bureau of Industry and Security (BIS) further tightened export restrictions on AI accelerators to China and other countries of concern, including Saudi Arabia, Russia, Iran, the United Arab Emirates, and Vietnam. Read Entire Article
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.
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 The startup retained thousands of MSMEs in 24 provinces across Vietnam, Ryan Wilber, Kilo’s head of product and engineering said.
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. The pandemic accelerated the digital transformation in the insurance industry, one of the most conservative sectors.
This trend has been circling around the restaurant industry. 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. . billion by 2030 , up from $15.2
Before starting Rino, Nguyen was part of the founding team and chief operating officer of Baemin Vietnam, one of the country’s largest food delivery apps. Before that, he served as Grab Vietnam’s head of GrabBike and GrabExpress. Four years ago, food delivery in Vietnam was slow. Rino’s grocery delivery app.
Made in Vietnam with mostly domestic parts, Dat Bike’s selling point is its ability to compete with gas motorbikes in terms of pricing and performance. In 2018, he moved back to Vietnam and launched Dat Bike. Dat Bike , a Vietnamese startup with ambitions to become the top electric motorbike company in Southeast Asia, has raised $2.6
Today, he claims, SwipeRx has transformed and digitized the pharmacy industry and become a one-stop platform for pharmacists to perform all their daily tasks, from education to purchasing to inventory financing in Southeast Asia. ”
In particular we are seeing a lot of tech industry workers coming over from northern California to work remotely and experience a different lifestyle and culture in Europe.” Vietnam From the buzz of Ho Chi Minh City to the coastal calm of Da Nang, this Southeast Asian gem offers an unbeatable blend of affordability and creative energy.
Seven venture capital firms participated in the latest round: DS Asset Management, Industrial Bank of Korea, Hanwha Investment & Securities, S&S Investment, Toss investment, Korea Asset Investment & Securities and Venture Field. Among all the directions and industries, our focuses are [mainly] smart city and autonomous driving.”
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.
Founded in 2016, viAct currently serves more than 30 construction industry clients in Asia and Europe. trillion-dollar industry. The viAct team has not only created a product that drives value for the industry but has also been able to earn the trust of their customers and accelerate adoption.”
Japan is one of the largest education markets and has enormous potential to grow in the Japanese edtech industry that still relies on the conventional in-person education system, a spokesperson at Riiid told TechCrunch. The Japanese remote learning industry was estimated at $2.6 Canada, Brazil, and Vietnam. .
Its new strategic investor may be adding another few to that list: Panasonic’s construction business is particularly active in India, Turkey and Vietnam. Spain, Kenya, Uganda, Dubai, India, Thailand, Vietnam, the Philippines, Malaysia and Australia, have been using KANNA since its initial product launch 2020, the company said.
In addition to 352 cities in mainland China, Lalamove also operates in Hong Kong (where it launched), Taiwan, Vietnam, Indonesia, Malaysia, Singapore, the Philippines and Thailand. 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.
“They have mainly focused on what I would call large established enterprises in regulated industries or industries that are really concerned about IP protection — so behind the firewalls — where they really succeeded well.” ” Lee noted.
Karamba Security , an Israel-based security startup that focuses on the IoT and automotive industry, today announced a $10 million extension to its $12 million Series B round from 2017. ” Karamba Security’s XGuard.
Supply chain disruption caused by the COVID-19 pandemic and the war in Ukraine is driving increased costs of goods and services, affecting not only the industrial sector (e.g., semiconductors), but also the agriculture industry. Europe and other countries such as Turkey, Brazil, India, Vietnam and Tanzania, Shin said.
It also recently expanded into Nigeria, Ghana and Vietnam, among other markets. Before founding Pillow, Roy and KM explored web3 while working at identity verification and AML software provider HyperVerge, while also holding jobs in the traditional finance industry.
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. The company made an operating profit of 12.57 trillion won (~$10.97 billion) off 63.67 trillion won (~$55.56 billion) in revenue.
and Europe and helps protect the reputation of the fintech industry. London, Manila (Philippines), Kuala Lumpur (Malaysia), Melbourne (Australia), Vietnam and Sri Lanka. Asked what the upside of the Wirecard acquisition was, the Railsbank founder says it helps maintain an orderly market in the U.K.
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. Vietnam after-school learning startup Marathon raises $1.5M It also plans to increase its headcount. . billion in 2027 , from $17.6 billion in 2019.
The video-game industry has always been on the bleeding edge, but blockchain gaming is still widely viewed as emerging technology. We asked them to share the advice they’re giving their portfolio companies, along with their thoughts on how future regulation might impact the industry. Beryl Li , co-founder, Yield Guild Games.
I think what we have seen is that there has been a lot of capital being pumped into the tech industry over the past two to three years in a major bull run. A lot of new hiring will happen remotely, with companies turning to Vietnam and Indonesia, which have both seen less layoffs, for top tech talent. It’s a correction in general.
A lthough Korean manufacturers say they are trying to change their ways, the country’s GDP is linked to some uniquely pollutive industries, including petrochemical producers, automakers and shipbuilders. Getting there will be another story. Its average check size is $150,000, but the firm can go up to $600,000, Han told TechCrunch.
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.
Once software ate the IT services industry, what would Accenture look like?” n), 500 Startups Vietnam (Binh Tran and Eddie Thai), Canvas Ventures (Gary Little), B Capital (Karen Appleton P?age, “We see Turing as the next iteration of that model. Plug and Play Tech Ventures (Saeed Amidi), UpHonest Capital (?Wei
Meanwhile, the online grocery industry in the U.S. billion industry by 2024, up from $95.8 It’s clear that there are a lot of movers and shakers in this industry, but grocery delivery is also a challenging industry. Mexican online grocer Jüsto raises $65M in General Atlantic-led Series A. is poised to be a $187.7
In the automotive industry, Vayyar offers solutions for collision warnings, parking assistance, adaptive cruise control, seatbelt detection and automatic breaking. Vayyar sells Vayyar Care, a fall detection system for monitoring people at higher risk of tripping and falling in bedrooms, bathrooms and other living spaces.
It currently covers some 20 countries for receiving money, some of the very poorest and/or least developed places in the world including Bangladesh, Cameroon, DRC, Ethiopia, Kenya, Madagascar, Morocco, Nepal, Nigeria, Pakistan, Republic of the Congo, Sri Lanka, Vietnam, Côte d’Ivoire, Ghana, Guinea, Mali, Senegal and Zambia.
FGVCon transcends borders and platforms, assembling industry leaders, top influencers, brands, sellers, agencies, and platform officials in the dynamic world of short-form video content. million followers), and Akash Ellahi (with 14.9 million followers), making their Chinese show. million followers), and Akash Ellahi (with 14.9
Unsurprisingly, several countries in the region, like Singapore and Vietnam, have some of the world’s highest crypto adoption rates. industry, one crypto investor pointed out previously. More than half of the population in Southeast Asia is under 30 , making it a coveted market for novel technologies.
Infocomm Investments is backed by the Infocomm Development Authority (IDA) of Singapore, a government agency that is responsible for promoting the IT industry in Singapore. “That’s always been a very explicit part of the government’s strategy to grow the tech industry.” million, is in especially high demand.
Bearing the brunt of the impact is the fashion industry, which employs millions of workers at retail stores, suppliers, and manufacturing factories around the world. Customers can also use Fashinza to track time and action calendars, a tool used in the apparel industry to follow up on manufacturing milestones to ensure timely delivery. .
Europe, China, Vietnam and Australia, and it works with its logistics partners to offset carbon emissions related to shipping, the company says. . The company creates made-to-order, custom products for a range of industries, from apparel and home to beauty, wellness and subscription boxes, through to pets, plants and outdoor goods.
Its Series D will be used to support growth in those markets, and enter new Southeast Asian countries, including Thailand, Vietnam, Indonesia and the Philippines. 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.
Based in Jakarta, Verihubs was founded in 2019 by Rick Firnando, who has more than 9 years of experience in the B2B industry, and Williem Williem, an AI researcher who holds a PhD in computer vision from South Korea’s Inha University. And we’re also exploring expanding into new markets, like the Philippines and Vietnam.”.
Mixue has consistently followed a cost-effective strategy, rapidly growing into a leading brand in the new tea beverage industry in China. In September 2018, Mixue Bingcheng opened its first overseas store in Hanoi, Vietnam. Its stores are spread across cities of all sizes, including small towns and counties. billion and 7.1
Before COVID-19, many of Xendit’s customers were in the travel industry, and it was hit hard by the pandemic. Xendit’s expansion strategy into new markets, like Malaysia and Vietnam, will rely on solving problems that are unique to each market. But since then, it’s expanded its scope. One big segment are SMEs.
As leading coffee-producing countries struggle to grow crops in drier, less reliable weather, prices have soared to the highest in decades and the industry is scrambling for solutions. It’s also working with communities to revive the coffee industry and scale up production. Excelsa could play a key role in adapting.
Specifically, these are Indonesia, Vietnam and the Philippines in Southeast Asia (though Sosrodjojo said SIV II will also look at other countries); Pakistan and Bangladesh in South Asia; Egypt in MENA; and Mexico in Latin America. “For The fund will focus on verticals including finance, commerce, health, work and education.
Surjaudaja says IDEAL chose mortgages as its first consumer lending product because of its market potential, citing 2021 research from Bank Indonesia that says the country’s mortgage industry is valued at $39 billion, with a projected 17% CAGR over the next five years. Fundraising tips for early and midstage startups in 2022.
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