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When the brand did similar limited-edition vintage drops in Germany, South Korea, and Japan, they sold out within minutes or hours. Photo: Rimowa] Emilie De Vitis, Rimowa’s VP of product and marketing, says the company launched the program quietly, since it wasn’t sure how customers would react.
Swing , a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan. . Swing aims to take the market. When it comes to operations, Swing has taken a franchise model. No one doubted the market potential.
EV battery swapping startup Ample has locked in two partnerships this month that will help fuel an expansion into Japan and New York City after years of working on the technology. From the ashes of nearly a billion dollars, Ample resurrects Better Place’s battery swapping business model.
In Japan, where the real estate market is fragmented, homeowners have faced uncertain selling prices riddled with brokerage fees and an average selling period of between four and eight months, Ito said. “The difference is that we purchase from the seller at a discount from the market price. . and the U.K., While the U.S.
Climate change is intensifying across the globe, and one of the most challenging cases is Japan. Technology to address disasters and resilience is a key area of venture capital investment these days , and now another startup in the space is proving that there is widespread interest in this growing market.
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.
The Switch is still difficult to find in some markets, including Nintendo’s home country of Japan, as the coronavirus pandemic has sparked a huge increase in demand. Nintendo may be able to maintain Switch sales momentum with a new model rumored for release next year.
Its been gradual, but generative AI models and the apps they power have begun to measurably deliver returns for businesses. Google DeepMind put drug discovery ahead by years when it improved on its AlphaFold model, which now can model and predict the behaviors of proteins and other actors within the cell.
The funding will be used on Profet AI’s expansion in Japan, Southeast Asia and China, with plans to sign joint ventures with overseas partners. Profet AI’s software lets users build prediction models and industrial AI apps for production and digitalization, even if they only have basic knowledge of machine learning.
SoftBank has announced a Leica-branded phone for the Japanese market. Instead, it’s positioning the R6 as a model for someone who just wants the Leica camera, and the Leitz Phone 1 for those who value Leica’s hardware design. Preorders for the Leitz Phone 1 start tomorrow in Japan. It’ll cost 187,920 yen, or about $1,700.
Chinas BYD will launch its Dolphin model in Japan on September 20 this year, according to a September 1 report by Reuters. This will be BYDs second electric vehicle model in the Japanese market. Unlike its multi-powertrain approach in China, BYD plans to exclusively offer battery-powered cars in Japan, the report said.
Chinas BYD is making preparation to introduce its luxury sports utility vehicle Tang to Japan, with the launch of the premium Han sedan and the popular Qin model also on the pipeline in an increased effort to crack the worlds fourth largest auto market. 36Kr, in Chinese , Nikkei, in Japanese , TechNode reporting]
French startup Back Market — a marketplace for refurbished electronics goods — has raised a $335 million Series D funding round led by General Atlantic. It will be using the funding to expand into new markets. Prices vary depending on the model and the condition of the device. trillion market globally.
“Microinfluencers” are gaining clout among marketers. It currently operates in Taiwan and Japan, where it has databases of 100,000 and 250,000 Instagram creators, respectively. Before launching Influenxio, Ko spent 15 years working in the digital marketing field, serving as an account manager at Yahoo!
Chinese electric vehicle brand Zeekr is planning to sell two premium EV models in Japan in 2025 and hopes to open showrooms in Tokyo and the Osaka area ahead of the launch later this year, according to vice president Chen Yu, Nikkei has reported. million yen ($35,730), a more than 40% markup compared with its price in China.
Most artificial intelligence models are trained through supervised learning, meaning that humans must label raw data. Data labeling is a critical part of automating artificial intelligence and machine learning model, but at the same time, it can be time-consuming and tedious work. Japan and Vietnam. ScreenShot | AIMMO website.
French startup Back Market has raised another mega round of funding. If you’re not familiar with Back Market, the company operates a marketplace of refurbished electronics devices — mostly smartphones. In addition to saving money, many customers think new phones only feature incremental updates compared to previous generation models.
Peeba says the lack of B2B-focused online wholesale solutions and tech infrastructure hampered Asia’s antiquated B2B retail, wholesale market in business growth and new market entries during the pandemic. That allows retailers to quickly adjust to post-pandemic realities with greater confidence.” .
Founded in 2018, Coherent’s platform, called Product Factory, allows insurance providers to digitize their backend operations by uploading Excel pricing models, which means their IT departments don’t need to write new code or re-haul their IT infrastructure. Coherent will focus on China and emerging markets in Asia.
Joby Aviation is partnering with Japanese airline ANA to bring aerial ridesharing services to Japan. Joby’s intent to start up operations in Japan comes to light a week after the company announced plans to launch an air taxi service in South Korea in partnership with SK Telecom. The air taxi market prepares to take flight.
That startup promised to revolutionize the nascent electric vehicle market and make range anxiety a thing of the past. That includes a $34 million investment first reported back in 2018 , and a later round from investors including Japan’s energy and metals company, Eneos Holdings that closed recently. The company’s pitch?
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.
When Masaya Aso worked on autonomous driving technology at Bosch in Japan and Germany, he realized that “many tasks were still manual as over 85% of warehouses have almost no automation at all.” market, the largest autonomous mobile robots market, which was already $762 million in 2021 and is expected to grow to $3.2
Asia has proven to be an instrumental market for businesses to break into, and as the CEO of a successful Singapore-based startup, I get asked a lot of questions from fellow CEOs and entrepreneurs about doing business here and how to grow their companies across Asia. Prioritize the markets. This will force a ranking of the markets.
The idea is to turn creators into shareholders of the platform by giving them governance tokens, a model that will “align the interests of content operators and creators for the first time,” Lin suggested. GFR Fund, owned by Japan’s mobile gaming firm GREE, also participated. “But prices are being normalized.”
Akros Technologies wants to disrupt the current asset management industry via its AI-driven asset management software platform that mines market data for stocks. 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.
Nissan’s Leaf 2022 range starts at just $27,400 , making it the cheapest mass market electric car currently available in the US, according to Electrek. The exact price difference between Nissan’s 2021 and 2022 Leaf cars varies from model to model. The entry-level Nissan Leaf now starts at $27,400. Image: Nissan.
The region’s other strong VC presence resides in Japan, which has the typical Japanese model of a few large firms dominating the market. Investments in Japan also tend to be much smaller in scale and much more conservative than the type of VC bets you would see being placed in China, India, or the U.S.
Wuxiaworld expects to launch more content in its platform with Kakao Entertainment’s broad access to the best original stories and intellectual properties in Korea’s fast-growing online serial fiction market and Radish’s strong marketing team (in the U.S.), market, according to its statement. . .
My first post in this series described how businesses should start when considering expansion into Asia, which is home to some of the largest and fastest growing markets in the world. For example, should they hire in-market consultants, an expatriate based in a hub city, or partner with a local player? Nothing gets done otherwise.
The Japan-exclusive Game Gear Micro is not one console but four, each including four games. Each model has a screen the size of a postage stamp. Unfortunately, there probably wouldn’t be much of a market for a conventional mini Game Gear. The blue model is my personal favorite. Or it could do something else.
In an interview with TechCrunch, Sequoia Capital managing director Abheek Anand talked about what drew the firm to Appier , which develops AI-based marketing software. Anand met them in 2013, soon after their pivot to big data and marketing, and Sequoia Capital India invested in Appier’s Series A a few months later.
We operate in an extremely competitive and well-funded industry, and this round allows us to have a long-term mindset when it comes to doubling down on our different markets,” says co-founder and CEO Miki Kuusi in a statement. We simply had no other choice than to do it this way was we came from such a difficult home market”.
The Reon Pocket 2 looks more or less the same as the original model, but the newly designed internals can achieve up to twice the level of heat absorption, according to Sony, resulting in more powerful cooling performance. The Reon Pocket 2 is out today in Japan for 14,850 yen (about $138). No word on a release elsewhere.
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. It paid $1.3
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. . billion in 2027 , from $17.6
Honolulu, Las Vegas, Miami) and Japan, Kimura said. Talixo , Holiday Taxis , Transferz ‘s Taxi2Airport and Huangbaoche are its global peers, with a market size valued at about $10 billion, Kimura said. Since the pandemic outbreak in March 2020, SmartRyde has experienced a significant decrease.
CEO Florian Reuter tells us that live services are now two years out for the two vehicle models it has been developing. Avala Capital; automotive parts behemoth Continental AG; Japan’s NTT via its venture capital arm; Tokyo Century, a Japanese leasing company; and multiple family offices, among others.
And this approach is not just for “privacy freaks” Businesses that need search but don’t need Google’s dominant market position are increasingly attracted by this model. The result of the investment is that Xayn will now also focus on the Asian market, starting with Japan, as well as Europe.
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. Its funding will be used to expand into more markets and fill engineering and data science roles.
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.
That’s because Melody is part of a growing wave of virtual streamers who broadcast using a 3D model in place of their body and face. The model speaks and moves in accord with the person behind it, but viewers of the stream have no idea what that person actually looks like.
Balmuda’s toaster in particular has a cult following in Japan. As you’d expect, the Balmuda Phone is quite a bit different to other phones on the market. The Balmuda Phone will be available in Japan on contract with SoftBank later this month, and Balmuda is selling an unlocked model itself for 104,800 yen (about $920).
Global metaverse market size is projected to increase $280 billion by 2025 from $30.7 billion in 2021, based on Strategy Analytics’ report. Urbanbase claims 50,000 monthly active users with 70,000 registered B2C users. The company has about 50 B2B customers.
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