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The startup has not disclosed the ratio of debt and equity (like many other e-commerce aggregators, Una uses debt funding to buy brands because it is non-dilutive). The company now has 90 team members in seven offices across the Asia-Pacific: Singapore, Australia, India, China, Indonesia and Malaysia.
“FMS is different from car-sharing, which has been Socar’s flagship business for the past ten years, and if stabilized, it is a B2B SaaS that guarantees a high-profit ratio,” Park said. The Korean car-hailing company has set up Socar Malaysia, a 79% stake owned by SK Inc, and launched services in Malaysia in 2018 and Indonesia in 2020.
” In Malaysia, regional companies still hire cross-border, but local companies have shifted back to local hiring. For example, he said there is still disproportionate demand for technology and product talent on Glints, with the ratio in job seekers’ favor. Layoffs also give startups a chance to build their core teams.
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.
In total, Amber is used by 30,000 employees in Singapore, Malaysia, Indonesia and the Philippines. When you have an HR:employee ratio of 1:300, 40% of their time is spent manually tracking, collecting and analyzing feedback and it becomes humanly impossible to give employees the voice they need,” Jain said.
Canada, CIS Region, Malaysia, Indonesia and Argentina — with the startup offering proprietary localized content for each target region (although its users are spread across some 40 countries). Kodland’s remote courses for children aged 6-17 are currently available in the U.K., Ireland, the U.S.,
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 ]
It is now licensed and registered in Singapore, Indonesia (where it is known as Modalku), Malaysia and Thailand. By covering a wide range of businesses, Teo says Funding Societies has better customer acquisition costs and loan-to-value ratios. The platform disburses online loans ranging in size from $500 to $1.5
They’re running a test in Malaysia and are gearing up to launch in Beijing soon. Qiuqiu uses five data points: an attractiveness ratio, background rating, mutual friends, a combination of Chinese zodiac and Western astrology, and location, to generate a matchability score between users.
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. That is low copared to Malaysia and Singapore, which are at 30% or higher. “Used responsibly, credit is a vital part in fueling the growth of economies.
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. Like many other e-commerce aggregators, including Thrasio, Una raised debt financing to buy brands because it is non-dilutive.
Credit: Zeekr Debut in Bangkok: Xpeng named on Monday three major dealer groups to sell and service its EVs for Southeast Asia: Neo Mobility Asia for Thailand, Premium Automobiles for Singapore, and Bermaz Auto for Malaysia.
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