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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. Socar’s debut comes amid a sluggish period in the IPO market in South Korea that has prompted a series of Korean companies to delay their listing plans.
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. Fund V has already made five investments, including SkorLife , IDEAL and Atma. ACV recently hired Helen Wong as managing partner.
London-based Kodland , which started out back in 2018 offering in-person courses for children to learn digital skills like computer programming before switching focus to online learning from early 2020, has closed a $9 million Series A funding round to scale into more markets. Ireland, the U.S.,
Teams that have been hit hardest include operations, financial and human resource departments, plus some sales and marketing teams. ” In Malaysia, regional companies still hire cross-border, but local companies have shifted back to local hiring. It’s not all doom and gloom in two ways, and there are still positives,” Yeo said.
In total, Amber is used by 30,000 employees in Singapore, Malaysia, Indonesia and the Philippines. and it plans to speed up its go-to-market plans in North America with its new funding. Amber, inFeedo’s chatbot. Tiket.com, Mediacom, Sunlife, BukuWarung and Aboitiz. 3 ways web3 recruiters can improve their hiring game.
The startup plans to monetize by reserving 20 percent of the impressions for Cost Per Action-based pure performance marketing. Toy Cloud aims to offer tools and apps to make use of existing toys on the market. They’re running a test in Malaysia and are gearing up to launch in Beijing soon.
Xu declared that Thailand is one of Cherys strategic markets, along with Malaysia and Indonesia, after the Chinese manufacturer revealed plans in July to establish manufacturing facilities in the three countries as part of its expansion into Southeast Asia. Caixin, in Chinese ]
With that in mind, Indonesia has one of the lowest credit to GDP ratios in the region, signifying that there is a lot of economic value potential that can be unlocked. The startup is currently focused on the primary housing marketing, but plans to expand to secondary housing and mortgage refinancing/takeover products.
Una did not disclose the ratio of equity and debt in the round. Una currently has teams in Singapore, Malaysia and Australia and plans to expand in Southeast Asia before entering Taiwan, Japan and South Korea. But that concept is less common in Una’s markets, so it offers different team deals to appeal to potential sellers.
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. The EV giant captured 4% of the countrys auto market with sales in 2023 of about 30,000 EVs.
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