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As of mid-2024, the company operates nearly 100 bonded, direct-mail, and overseas warehouses globally, covering nearly 1 million square meters across key markets including the US, UK, Germany, France, Vietnam, and the UAE. JD has been ramping up its local presence in Europe.
Jenfi , a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The new funding will be used to grow its customer base in Singapore, Vietnam and Indonesia, and expand into new markets in Southeast Asia, like Malaysia, the Philippines and Thailand.
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.
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.
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.
Financial services, especially those for people who don’t have access to traditional bank accounts or lines of credit, are proliferating in Southeast Asia. For service providers, Jeff serves as a distribution channel, helping them find and retain customers. It also plans to enter the Philippines in the third quarter.
Founded in 2017, Loship offered one-hour deliveries for a large range of products and services, including food, ride-hailing, medicine and B2B supplies. Mio, a social commerce startup focused on smaller cities and rural areas in Vietnam, raises $1M seed. We are locals and we have our winning playbook. Kamereo gets $4.6M
A few months ago, brothers Hai Nam Bui and Hai Long Bui were developing a bookkeeping app for small retailers in Vietnam. Then a new COVID-19 outbreak hit Vietnam. Since launching three months ago, SoBanHang’s “hyper local e-commerce enabler” has signed up almost 20,000 merchants, many selling online for the first time.
The exceptional capacity of Langoo in its local business with Riiid Tutor was the main reason for this acquisition,” said co-founder and CEO of Riiid YJ Jang. The company expects to address local remote learning and education in the market. Canada, Brazil, and Vietnam. . How is edtech spending its extra capital?
Ascend Money , the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 The e-wallet service also serves as a payment channel for B2B, ranging from big brands to local SME owners as well as street market entrepreneurs.
It also recently expanded into Nigeria, Ghana and Vietnam, among other markets. It plans to do the same for other crypto services like payments. In some countries where Pillow has partnered with local, compliant on-ramp service providers, users can also buy crypto with their local fiat currency.
Igloo currently works with 20 global, regional and local insurers across Southeast Asia. It now offers 15 products, including policies for gig workers, gamers, cars and farmers in Vietnam, and says it has facilitated more than 300 million policies and increased gross written premiums by 30 times since 2019.
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. Having people in-market and on the ground is key in each of these countries.
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. . The company has a team of 35 in Korea. .
Toward that end, Toss plans to use the proceeds of its newest fundraise to invest in its products, including digital lending and online payment service for individuals and local merchants. . Most recently, Toss launched a buy now pay later (BNPL) service in March, which it says has amassed more than 1 million registered users.
Employment Hero began entering new markets in October 2020, launching localized versions of the platform in New Zealand, the United Kingdom, Malaysia and Singapore. After that, it plans to localize Employment Hero for Indonesia, Thailand, the Philippines, Hong Kong and Vietnam.
The startup offers services including “Farm Morning,” an app that aggregates reliable data using AI, giving more than 500,000 farmers insight into crop lifecycle, and “Sinsun Market,” a B2B fresh produce marketplace for over 10,000 enterprise buyers, the company said. Greenlabs currently has 320 employees, Shin noted. .
Founded in 2019, Komunidad has clients in the Philippines, India, Cambodia and Vietnam, and serves multiple sectors, including utilities, agriculture, mining, education, local governments and business outsourcing centers. It’s also been used by local governments to decide school cancellations.
The company also plans to launch value-added services. Digital payments in most Southeast Asian markets are extremely fragmented, with consumers using everything from digital wallets, buy-now-pay-later services and virtual accounts to traditional debit and credit cards.
Additionally, the startup plans to scale out its product team, enter Southeast Asia and launch its service for investors in the Middle East, Choi noted. The [Asian] market is still very young, so we also want to set up local offices or teams in the regions like Vietnam, Indonesia, Singapore and Taiwan.”.
” He notes that a lot of the remittance services have been less than reliable, another area to improve for those looking to be more competitive. At a time when the global economy has been under pressure, Taptap Send saw business grow eight-fold, the company said. . “Remittances is one of the most sensitive things a person buys.
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. Localized versions of Employment Hero include pre-built employment contracts and policies that comply with local laws. 6 VCs share their bets on the future of work.
She served at Carlisle Barracks and the Pentagon in the Women’s Army Corps during the Vietnam War. Her service didn’t end with the Army. My desire to emulate my mother through service to my country only increased as I grew older. My mother served her country by joining the Army at the age of 18.
The company describes itself as building out financial services and digital payments infrastructure “in which the next generation of Southeast Asian SaaS companies can be built on top of,” or put more simply, it aspires to be the Stripe of Southeast Asia. The pandemic also led to Xendit branching out.
As part of the deal, Payfazz, an agent-based financial services network in Indonesia, invested $30 million into payments infrastructure provider Xfers. Both Payfazz and Xfers are Y Combinator alums, and want to make financial services accessible to more Southeast Asians, even if they don’t have a bank account.
The startup’s new investment from Central Capital Ventura will help it develop its services for users with bank accounts, since it will be able to partner with BCA to access their customers’ data. And we’re also exploring expanding into new markets, like the Philippines and Vietnam.”.
The company offers a complete spectrum of e-commerce support services for direct-to-consumer (D2C) brands, from making a website, setting up a payment system, and managing marketing to handling shipping, warehousing, and logistics. Approximately 200 D2C brands have already started using Plugo’s beta service in Indonesia.
Unsurprisingly, several countries in the region, like Singapore and Vietnam, have some of the world’s highest crypto adoption rates. Pintu racked up $113 million in financing in June to offer crypto trading services to Indonesians. industry, one crypto investor pointed out previously. As such, SerMorpheus recently closed a $2.5
Financial institutions are left with traditional systems and correspondence models to offer service to their customers. Presently , Wapi Pay works with local banks and platforms in China, Indonesia, India, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam.
In the first real test of the potentially transformative power of its food-preserving technology, Santa Barbara, California-based Apeel Sciences is bringing its innovative food treatment and supply chain management services to distribution centers in select markets in Asia, Africa and Latin America.
Gogoro also pitches its battery stations as a way to aid the local energy grid during times of peak demand. The popularity of electric two-wheelers is booming in China , and they’re starting to make big gains in other markets like Vietnam and South Korea. In comparison, they’re practically absent in India.
Before launching IDEAL, Surjaudaja was former head of operations strategy at digital payment service OVO. Indonesia’s mortgage penetration rate is also just 3% of the local GDP, one of the lowest in Southeast Asia. IDEAL founders Albert Surjaudaja, Indira Nur Shadrina and Ian Daniel Santoso.
I’d been watching the parade for an hour or so when a unit of Vietnam War era soldiers marched past. Lance is a business consultant to local governments and nonprofit organizations. For more than twenty years he’s helped clients create sustainable ventures that operate within the narrow framework of public service.
TechSoup's partner NGO, the Hong Kong Council of Social Services , attended as well, giving local attendees a personal insight on how TechSoup's global network enables capacity and community building around the world.
intends to use the funds to grow its global team, invest in the technology that powers its platform and localize its supply chain, according to Josh Bowden, CEO and co-founder of noissue. Europe, China, Vietnam and Australia, and it works with its logistics partners to offset carbon emissions related to shipping, the company says. .
You don’t trust the local currency and on top of that, you don’t trust banks.” The country ranked fourth on Chainalysis’ Global Crypto Adoption Index , behind only Vietnam, India and Pakistan, and about $8 billion of cryptocurrency passes through the country annually. He has family in Kharkiv, which was being bombarded as we spoke.
By buying produce from the California farmers who run Farm Fresh to You, not only will be be eating organic produce, but we'll be supporting local farmers. This was the first book I read in 2005.
This took the organization from a private franchise focused on local chapters to one the entire nation—and big donors—could get behind. Service organizations like the YMCA, the Salvation Army and the National Jewish Welfare Board came together to create the United Service Organization for National Defense (USO).
By improving downward accountability, defined as accountability to the populations nonprofits serve, organizations can meet their obligations to clients and others affected by the services and programs of a nonprofit (Ebrahim, 2003). Beneficiary participation in non-governmental development organizations: A case study in Vietnam.
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. Since Big Tech came to Denver, investors can’t buy enough local startups.
Just like any other startup, we talked about Blackstone’s ability to generate recurring revenue, and how the griddle itself is a platform for a variety of additional products and services, some of which might be made by competitors. The first ones that we sold were to a local retailer in Salt Lake City in Utah called Sportsman’s Warehouse.
They were proud of their service. First, I am part of that post Baby Boom generation that was too young to fight in Vietnam, not called to fight in Desert Storm, too old for the current conflict. After all, it is the Iraqis who best know their country and have the greatest stake in restoring basic services. I believe that U.S.
There’s a Google of Russia : Its name is Yandex, and it’s selling its media division to, get this, a company called VKontakte, which is considered “the local Facebook equivalent.” We like how CEO Martin Ott put it, “We’ve hacked the brain of a tax accountant into codes.”. Not sure it gets better than that.
Last year, genealogy service MyHeritage went viral after introducing a new “deepfake” feature that allowed users to animate the faces of loved ones in still photos. z International, advertising agency Publicis, and Digitas Vietnam partnered with D-ID on marketing efforts for a local festival. Warner Bros.,
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