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I recently had the pleasure of visiting one of our longtime Martus partners in Thailand, The Network for Human Rights Documentation – Burma ( ND-Burma ). ND-Burma, a Thailand-based coalition of over ten human rights groups, has been collecting narrative testimonies from victims and witnesses of human rights abuses by the Burmese regime.
Chinas Chery Automobile, which has a manufacturing partnership with luxury carmaker Jaguar Land Rover (JLR), will enter Thailand with an all-electric model in the first half of 2024, Vice President Xu Qingsong said at the China-ASEAN Expo in the southern city of Nanning on Monday. Caixin, in Chinese ]
Guest Beneblog by Vijaya Tripathi The first ever Martus users group meeting took place earlier this month in Chiang Mai, the capital of Northern Thailand. We built it to be a tool that truly puts power and responsibility in the hands of its users, and we’re finally beginning to change the Martus project’s operations to match that model.
Chinas Changan Automobile on Tuesday signed an agreement with Thailands Board of Investment in Beijing to build a $241.7 Aion , the EV unit of state-owned automaker GAC, began exporting cars to Thailand in August, SCMP reported, after reaching a partnership with local dealership Gold Integrate in June.
Foxconns EV platform unit, Mobility in Harmony (MIH), is eyeing India or Thailand as a potential location for producing a small battery-powered car currently under development, according to Jack Cheng, the CEO of MIH.
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. The company also offers three tools for working with customers.
The Hozon-owned company presented three EV models at the Gaikindo Indonesia International Auto Show on August 10 and has initiated pre-orders for the popular Neta V crossover in Indonesia, with a price tag of 379 million rupiah ($24,967). Neta statement, in Chinese ]
The company uses AI and machine learning-based technology underwrite its motor insurance and employee health benefits products, and says its data models also allow it to automate pricing and scale its underwriting process for complex risks. Sunday also offers subscription-based smartphone plans through partners. million customers.
A company cannot hire out of a hub city like Singapore and expect those individuals to cover Indonesia, India, Thailand, and the Philippines. So many entrepreneurs ask me about the graft in countries like China , Indonesia, and Thailand. Hire the right people – local and entrepreneurial.
The company’s latest funding will be used to fund acquisitions, expand its financial services portfolio and develop its AI capabilities, which Carro uses to showcase cars online, develop pricing models and determine how much to charge insurance policyholders. Where do cars go to die in Thailand?
Though it has a consumer app, the company primarily takes a B2B2C model, with companies offering it as an employee benefit. To give an example, when someone struggles in Thailand or in Hong Kong, it’s quite different from Singapore in terms of what stresses they have.”. Essentially, what makes sense for Intellect in each region.
The company plans to expand further in major cities and tourist destinations, including Mexico, Spain, Thailand, Dominican Republic, the U.S. Honolulu, Las Vegas, Miami) and Japan, Kimura said. Since the pandemic outbreak in March 2020, SmartRyde has experienced a significant decrease. .
The latest milestone was achieved at BYDs newly opened factory in Rayong, Thailand, which is capable of producing 150,000 vehicles annually, and happened to be a blue BYD Dolphin hatchback, the most popular EV model in the country.
In a press statement, Sasidharan said, “Zenyum’s differentiated business model gives it a strong competitive advantage, and we are excited to partner with the founder management team to help them realize their growth ambitions.” This brings Zenyum’s total raised so far to $56 million, including a $13.6
Most of its users are in Vietnam, but Edupia is also expanding into other Southeast Asian markets like Indonesia, Thailand and Myanmar, and adding more subjects, including math and coding. Before founding Edupia, Hung spent 10 years as director of digital services at Viettel, the largest telco in Vietnam.
29,990 (~$400) for a model with 8GB of RAM and 128GB of storage, or Rs. The phones are also launching in countries including Malaysia, Indonesia, and Thailand, and will come to other markets in APAC, the Middle East, and Europe “over the next few months.”. In India, the V23 will sell for Rs. 34,990 (~$470) for 12GB/256GB.
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. The company also plans to develop a tech platform to allow third-parties to use its proprietary scoring models in their own native infrastructure.
It is now licensed and registered in Singapore, Indonesia (where it is known as Modalku), Malaysia and Thailand. It also accumulates data faster to train its data-scoring models, which draw from traditional and alternative sources of data. The platform disburses online loans ranging in size from $500 to $1.5
On the back of its successful launch in Vietnam earlier this year, the startup plans to penetrate farther into Southeast Asian countries such as Thailand, Malaysia and Indonesia in 2023, co-founder and CEO Kimberly Yao said in an interview. . Image Credits: CloudEats.
billion overseas, using NVIDIA chips to enhance its foundational model training capabilities. ByteDance has also invested in AI and data center facilities in the Southeast Asian market: BytePlus, a ByteDance subsidiary, is planning to build a data center in Thailand by 2025. Additionally, the company plans to invest approximately $6.8
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.
Graves said New Zealand isn’t the best place for manufacturing biotech because of some “old school” genetic engineering laws, so it looks to countries like Thailand, the U.S., Mexico and Argentina where there’s existing infrastructure in the space.
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.
Hwang said that its business model is similar to Outschool, the San Francisco-based after-school marketplace for children. 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.
Since TechCrunch covered MindX’s Series A funding in November 2021 , it’s tripled its geographical coverage to 32 campuses across Vietnam, graduated 35,000 students so far and connected students to employers in countries like Australia, Thailand, the United Kingdom and, soon, the United States.
Since TechCrunch covered MindX’s seed funding in November 2021 , it’s tripled its geographical coverage to 32 campuses across Vietnam, graduated 35,000 students so far and connected students to employers in countries like Australia, Thailand, the United Kingdom and, soon, the United States. It was an entirely different learning experience.”
Its model is similar to Divvy Homes and ZeroDown in the United States and, in fact, leaders from both startups have invested in Homebase (Divvy Homes co-founder Brian Ma and ZeroDown’s former COO Troy Steckenrider). . “If you look at the whole of Southeast Asia, compared to Europe or the U.S.,
SwipeRX’s community-driven commerce model enables small pharmacies in particular to benefit from the power of that broad network by accessing the best prices and better ensuring that medicines are available to them and their patients, he said.
In the coming years, GAC will introduce its electric vehicle models to Europe, with a focus on Western European markets. In the Asia-Pacific region, the company expects to sell fuel-powered (including hybrid) and pure electric vehicles and establish production bases in Malaysia, Thailand, and Myanmar.
Why it matters: The news comes as Malaysia surpassed Thailand to become the second biggest car market in the region after Indonesia in the first three months of this year, according to sales figures released by industry groups and compiled by Nikkei.
Over the past year, Employment Hero grew its headcount by 65% to 325 full-time employees and now has a permanent remote-first work model. After that, it plans to localize Employment Hero for Indonesia, Thailand, the Philippines, Hong Kong and Vietnam.
One of Peeba’s unique features is that there is no upfront cost with stocking their physical or virtual shelves with inventory from Peeba, as the company uses a “Sell First, Pay Later” model, Lai continued. That allows retailers to quickly adjust to post-pandemic realities with greater confidence.” .
Its customers are spread across Singapore, the Philippines, Thailand, Hong Kong and Australia, and typically ship about 25 to 5,000 orders a day. So far, Locad has provided order fulfillment for 200 brands, including Havaians, Levi’s Reckitt Benckisder and Emma Sleep.
Pinduoduo’s group buying model leverages users’ existing social networks, especially on WeChat, to pull together buyers for products at discounted prices, and has done well in smaller cities and rural areas. Social commerce is well-positioned to take off in the Philippines for several reasons, he added.
My co-founder, Amy, was hospitalized in Thailand after taking counterfeit medicine. The machine learning model reads the sample spectra and send test results indicating the identity and the quality versus the reference. It also employs a subscription model with the RxScanner for individual and business customers.
Uganda was the first African country the pair decided to test out their two-wheel ride-hailing ambitions and it was the second market globally after Thailand for Uber. This model is inspired by the Go-Pay model at GoJek, where two-wheel ride-hailing was an entry point to high-frequency wallet spend behavior.
The company’s business model is similar to Divvy Homes and ZeroDown in the United States and, in fact, Divvy Homes co-founder and former CEO Brian Ma and Zerodown chief operating officer Troy Steckenrider III are investors in Homebase. It is also exploring other Southeast Asian countries like Thailand and the Philippines.
Details: Lazada will continue to increase investment in the Southeast Asian market under a sustainable operating model, Dong said on the meeting, according to the attendee. Lazada operates in Thailand, Singapore, Vietnam, Malaysia, Indonesia, and the Philippines, with its Thai business the first to achieve profitability in 2022.
The automaker currently sells its budget models including Mini EVs in Southeast Asian countries such as Thailand, Vietnam, and Indonesia. to roughly 230,000 units, as construction of its overseas production base started in Thailand last month. Huaweis manufacturing partner said overseas shipments grew 35.4%
Many of their models also use cockpit chips from Qualcomm to enable information and entertainment functions. Its first model powered by Thor, a hybrid sports utility vehicle, will be launched later this year.
” Xendit was originally launched as a P2P payments platform before evolving into its current model. Xendit recently expanded into the Philippines and also is considering other countries in Southeast Asia, such as Thailand, Vietnam, Malaysia and Singapore, according to Wijaya. ” It is also eyeing other markets.
IDEAL also plans to expand to other major lending products, with a long-term vision of entering more Southeast Asian markets like Thailand, the Philippines and Vietnam. Surjaudaja says Pinhome’s business model is more property-centric, providing an end-to-end solution related to property from home discovery to home financing.
Cars24, however, has followed a different playbook, exporting its model to several countries in the last year, starting with the UAE (July 2021), and then Australia and Thailand (both in October). And with nearly 1.4 billion people, the world’s second most populous country after China, you can see why.
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