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Breaking into Japan is often one of the biggest challenges a growing tech company will encounter. For the startups that cater to these companies, “cracking Japan” is inevitably part of their growth and expansion roadmaps. Japan is not a testing ground for MVP products. Share on Twitter. Barnabas Birmacher is the CEO of Bitrise.
For example, should they hire in-market consultants, an expatriate based in a hub city, or partner with a local player? Hire the right people – local and entrepreneurial. You also need true local expertise. Be ‘local’ but don’t overdo it. In short: be the master of your own localization strategy.
Shared micromobility company Luup has raised $8 million (1 billion yen) in debt and asset financing to meet the growing demands of Japan’s micromobility market, which according to a recent report , is projected to reach $11.6 Securing those spaces represents a unique kind of land grab for micromobility companies in Japan.
SmartRyde , a Japanese online pre-booked airport transfers service platform, is a marketplace that connects travelers to local transportation operators/online travel agencies (OTAs). Honolulu, Las Vegas, Miami) and Japan, Kimura said. Since the pandemic outbreak in March 2020, SmartRyde has experienced a significant decrease.
For revenue, broad drivers are often things like GDP per capita, SMS price points, voice minute pricing, or CPM or CPC in an advertising revenue model. It’s key to keep in mind that large insular markets will suck companies in, particularly India, China, and Japan. Do not waver. Be aware of the largest markets. Hire REALLY good people.
The final piece of my four-part guide to expanding a business into Asia is tailored more towards local startups and a big issue that affects many of them: raising funding from investors. If your business is based in Asia, despite a potentially tougher hill to climb, you’re still much more likely to be successful raising funds locally.
Glorang , a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 million Series A funding co-led by Korea Investment Partners and Murex Partners, along with Japan’s Pksha Capital. .
Since launching with 10 restaurants in its home city in 2015, five years on Wolt has expanded to 23 countries and 120 cities, mostly in Europe but also including Japan and Israel. We started with an exclusive focus on the restaurant, as it’s the biggest local service with an underlying high-frequency use case,” he says. “We
million from Z Venture Capital , the corporate venture capital wholly owned by Z Holdings , which also owns the Japanese messaging app Line and internet portal Yahoo Japan. Akros just raised $2.3 Akros intends to strengthen strategic ties with Z Holdings via strategic investment, the startup said.
Navigate Local Markets Deepen your understanding of local cultures, consumer demands, and competitive landscapescritical for successful global expansion. Learn how industry pioneers and emerging startups are creating new business models, technologies, and opportunities you can leverage.
Showcasing the industry’s most innovative use of AI, this global event offers you the opportunity to learn from DataRobot data scientists—as well as AI pioneers from retailers like Shiseido Japan Co., Join the virtual event sessions in your local time across Asia-Pacific, EMEA, and the Americas. views AI as a strategic business asset.
Mental health startup Intellect ’s ambitious goal is to be available across the Asia-Pacific, but ensure localized, culturally-competent care in each of the many markets it serves. Though it has a consumer app, the company primarily takes a B2B2C model, with companies offering it as an employee benefit.
With the latest funding, Peeba plans to double its headcount and expand local offices to improve local language support across 11 Asia countries. Lai said its localization effort isn’t just focused on supporting multiple languages. The platform brings both emerging and traditional brands to the world of local retail in Asia.
Its customer base started in Southeast Asia, before expanding into China, Japan, the United States and Europe. Its customer base started in Southeast Asia and India, and expanded to China, Japan, the United States and Europe. Ai Palette is based in Singapore, with an engineering hub in Bangalore.
million units last year, the China Passenger Car Association (CPCA) predicted ahead of the full data being released, local media outlet CLS reported. The Chinese EV giant last spring launched cheaper variants of nearly all of its best-selling models, making it a dominant producer and price-setter. million units set early last year.
They hope to use that data to inform weather forecasting models with machine learning. Japan and India also operate smaller regional constellations. You can also delete your locally-stored log files at this step. They can also track changes in Earth’s ionosphere — the part of the atmosphere near space.
Therefore , digitizing has been mostly around delivery rather than building new infrastructure and payment processing models for African individuals and businesses to make cross-border payments. Financial institutions are left with traditional systems and correspondence models to offer service to their customers.
Germany, Japan and Singapore. . In January at CES 2022, Morai unveiled the software-as-a-service (SaaS) model of its Morai SIM, also known as Morai SIM Cloud, which allows users to perform simulation tests in the cloud without the process of installing any software onto their local computers.
Others include developing its proprietary technology stack and growing its three models — where it makes $5 million in MRR — across existing and new markets, it said in a statement. SWVL is present in 13 markets globally: the UAE, Egypt, Kenya, Germany, Spain, Italy, Switzerland, Turkey, Japan, Argentina, Saudi Arabia, Jordan and Pakistan.
Japans Honda Motor said on Tuesday it is introducing a new electric vehicle brand in China, and will use components from local companies including CATL, Huawei, and iFlyTek as it looks to adapt to significant changes in the highly competitive Chinese car market.
Honda and its Chinese manufacturing partner Dongfeng have started testing systems during commissioning at the end of the project, with the facility set to begin volume production of Hondas Chinese-market electric e:N lineup later this year, as reported by the local newspaper Hubei Daily on Wednesday. Hubei Daily, in Chinese ]
The round was led by Pelion Venture Partners , with participation from returning investors DNX Ventures (the Japan and US-focused enterprise fund that led Macrometa’s seed round), Benhamou Global Ventures (BGV), Partech Partners, Fusion Fund, Sway Ventures and Shasta Ventures.
This financing model has primarily been available to customers shopping online, but customers outside the U.S. Despite the popularity of the model, it appears there are a variety of applications for which BNPL is just being tapped, and smaller players are carving out a niche as the retail market grows crowded.
“It sits between the big brands and retailers, enabling them to customise a store’s assortment to match the needs of the local consumer. We call it ‘hyper-local retailing.'” . “Today, if you walk into one of the major retail chains in the U.S., ” Overstocks, out-of-stocks and returns cost retailers $1.75
Hacking away at the business model. Apple tells us it doesn’t mean that games have to run locally on the iPhone — they can still be thin-client cloud games harnessing the power of remote servers to produce AAA graphics. It’s not yet clear that cloud gaming can even sustain an a la carte business model, where games are sold one by one.
Some of the big players in the market today include Indeed.com — owned Japan’s HR giant Recruit Holdings, which itself is valued at around $66 billion and owns other brands like SimplyHired — ZipRecruiter, which went public last year; LinkedIn; and the search giant Google. “This is crucial,” said Martínez.
The new game has surged in overseas markets, topping the mobile game sales charts in South Korea, Hong Kong, and Macau, and climbing into the top 15 mobile game bestsellers in Japan, according to Chinese gaming media outlet Nadianshi.
NIO on Thursday announced its foray into the Chinese ultra-competitive mainstream vehicle segment with the launch of the first model under its family-oriented lineup Onvo, featuring class-leading utility at nearly half the price of Teslas Model Y by leveraging its unique battery leasing program. kWh achieved by the Model Y.
Una currently has teams in Singapore, Malaysia and Australia and plans to expand in Southeast Asia before entering Taiwan, Japan and South Korea. To scale up, the company is currently building technology to automate its valuation process and will also have local teams in each of its markets.
He mentioned that he ad done a great deal of research. He was asking his local guide a lot of questions about what was and what wasn't appropriate. However, the local culture was to cover your body up. Eugene talked about the importance of modeling to create. "You Modeling the norm. 1) Everybody is People.
It refurbishes IT equipment to very high standards with a largely volunteer workforce, and it is a model program for responsible export of refurbished IT equipment in to developing countries. Most of the computers that the organization works on are donated by local companies and residents.
Global carmakers from Volkswagen to Toyota are introducing new models at the Beijing Auto Show 2024 with the help of Chinese tech companies in an effort to defend market share amid a major shift to electric vehicles led by local car giants. Geely has taken a radical approach to how EVs are put together, giving the 4.7
Japans Honda and Nissan have reportedly been slashing their output in China. Major Chinese automakers, including BYD and Geely, rolled out dozens of refreshed models at significantly lower prices last March after the week-long New Year holiday, TechNode reported.
” Nonprofits once limited to raising money through cookie sales, charity balls, and foundation grants now have access to almost limitless fundraising streams with new technology platforms, micro-funding models, and evolving culture of giving. Jen recently spoke at TechSoup’s Online Community Meetup.
how do you evaluate the health significance of "one glass of rice wine per day" in China vs. Japan?). The conversation touched on various dimensions of the data-collection issue: The challenge of cultural assumptions embedded in standard health surveys (what is "jogging", exactly?
China surpassed Japan in 2023 to become the worlds largest exporter of vehicles, and surpassing this milestone represents an appropriate time to revisit this topic. By 1990, Japan surpassed the United States to become the worlds largest car producing nation.
But that won’t fix the bikes that have already left for the staging warehouses in the US, Europe, and Japan before delivery to buyers. The Brothers Carlier now concede that they’ve outgrown their existing support model that often requires bikes to be reboxed and shipped back and forth for repair. “We
I chatted with the company’s CEO, Aziz Hasan, about the company’s future, how it could adjust its business model, and the potential future of crowdfunding. Kickstarter’s revenue is directly tied to the number of successful campaigns that launch on the platform, so has the pandemic made you reconsider your business model?
In April I wrote about the app’s move last year to let anyone verify their account by sending in a few selfies: Upon request, Tinder sends the user a picture of a model performing specific poses. If the user’s poses match the model’s, they get a blue checkmark. The platform is Tinder, Match Group’s popular dating app.
Image Credits: Artifact personalization and stats The app in some ways is very much like others that exist today, which have been founded in other countries, including ByteDance’s Toutiao in China, Japan’s SmartNews and News Break, another personalized news reader with Chinese roots.
Other important websites in the world include the Yandex search engine in Russia, Yahoo in Japan and Taiwan, and Baidu in China. These services use a Netflix business model that allow subscribers to read as many books as you want for a monthly fee. It’s still not as good a deal as your trusty local library. All Things D.
Then, in terms of control algorithms, we also draw from the control technology of quadruped robots, using model predictive control. However, 20 or 30 years ago, humanoid robots had already appeared overseas including in Japan and the United States. Another challenge might be localization.
Chinese artificial intelligence firm DeepSeek launched a pair of state-of-the-art, open-source AI models that require far less computing power and capital than those of Western companies, sending shockwaves through Silicon Valley and the Wall Street firms that fund them. A handful of 2025 honorees focus on ecological innovations.
I do think it’s going to push us to think about new models. I don’t know that it’s inevitable that streaming games means that there’s no local [computing] capability that I want in my house. Now, if your local device has almost no compute capability relative to games, obviously, we’ll move almost everything to the cloud.
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