Wednesday, September 30, 2015

17 facts you might not know about Zalora Malaysia

Here are some insights into the Southeast Asian e-commerce giant’s marketing strategies as well as its growth statistics What’s up with Zalora lately? Zalora has been relatively quiet compared to its sister company – Lazada! But the*latest news is that it is*re-entering Taiwan. As most of you might know, Zalora mainly operates on two models...
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The Twitter changes you need to track

If you’re using Twitter for advertising and lead generation, there are some changes you need to*be aware of Twitter can be the driving force for generating high amounts of traffic and creating loyal customers for businesses and entrepreneurs. That is why it is important to stay up to date with the latest changes and developments....
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Indian furniture e-tailer MebelKart buys sports platform 53central

With the*acquisition of 53central, MebelKart is foraying into*bulk selling business MebelKart, an online furniture and home d├ęcor marketplace in India, has acquired 53central, an online platform that*provides*group buying options for sports enthusiasts. The details of the transaction remain*undisclosed. With*this*acquisition, MebelKart is*foraying*into*bulk selling business. “Group buying is expected to become phenomenally large in case of the...
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Now borrow your ‘friend’s money’ on this Indonesian fintech portal

UangTeman aims to improve the way customers secure loans with an easy application system, low interest-rate and flexibility on payment schedules For Indonesians in the lower middle classes, who are likely to be uninsured and have to get by with a monthly income of US$400, bank loans are definitely not an option when they are...
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Amid cutbacks, Evernote closes Singapore office

The company will also cease the operations of Evernote Food from today The digital filing cabinet Evernote announced yesterday*that*it is closing three global offices – in Singapore, Taiwan and Moscow – and laying off 47 employees. Tiang Lim Foo, Head of Market Development for Evernote APAC, addressed the news in a Facebook post in which...
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Apple enters China’s music streaming services space

Priced at just US$1.57 a month, Apple Music will mainly compete with Tencent and Baidu in this space Apple’s music streaming service*Apple Music has launched in mainland China today, alongside iTunes Movies and iBooks, three months after*its launch in the US. The service will cost US$1.57 a month in China, following the initial three-month trial...
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Indian classified ads firm Quikr launches jobs platform

Backed by the likes of Tiger Global and eBay, the company also recently*forayed into*automobile and real*estate verticals After adding*automobile and real*estate features*to its platform a*few weeks ago, Indian classifieds site*Quikr*has forayed into recruitment business by launching*QuikrJobs, which*will*focus on blue collar, grey collar and entry-level jobs in the country. Quikr will use its missed call platform...
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Jungle Ventures backs budget hotel booking startup RedDoorz

Although headquartered in Singapore, RedDoorz is most established in India and Indonesia Singapore-based budget hotel booking platform*RedDoorz*has raised an undisclosed amount in pre-Series A round of funding led by Jungle Ventures. Furthermore, the company has appointed*Phillip Wolf, Co-founder of travel industry research firm PhoCusWright, and Ajay Bakaya, Executive Director of Sarovar Hotels and Resorts, to...
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5 tips to build a global startup

While expanding into a new location, it is critical to know simple things like business etiquette, taxes and competitors I run Corporate360, an international bootstrapped startup and here are some tips for taking your startup international from our experience. Growing any business is no mean feat and for many, setting up abroad can be a...
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Viddsee nabs funding from Japan’s CyberAgent Ventures

The Singapore-based online*video*startup will use the funds*to expand into new markets, scale teams and upgrade its mobile platforms Singapore-based online video startup*Viddsee has raised*an undisclosed*sum*in*funding led by*Japan-based CyberAgent Ventures (CAV), with participation from*an unnamed*private investor. This takes the company’s total funding raised till date to US$2.3 million. Viddsee plans to use the fresh capital to...
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Tuesday, September 29, 2015

Philippine telco PLDT launches VC fund

PLDT Capital targets investments in mobile engagement platforms, content, m-commerce and digital services Leading Philippine telecom firm PLDT (better known for its investment in Rocket Internet) has launched a VC fund, which aims to create an innovation gateway between Los Angeles, Silicon Valley and Southeast Asia. Christened PLDT Capital, the fund targets investments in mobile...
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Thailand looks to build a firewall similar to China

Even VPNs can be subject to Direct Denial of Service attacks, which is fairly common in China The Thai government is considering a firewall similar to China’s, reducing the number of Internet gateways from 10 to just one, according to a cabinet document.* Over 80,000 people have since signed a petition*to protest the move on...
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9 questions to ask yourself before choosing a business partner

While you might enjoy hanging out with your potential co-founder, would they really make the best business partner? Launching a business is both one of the toughest and most rewarding experiences an entrepreneur will encounter. For that reason, many entrepreneurs join forces with a partner*in order*to defray costs, build creativity and keep their sanity. Starting...
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'Metal Gear Can Continue Without Kojima' - Konami UK Community Manager

It has been said that Hideo Kojima‘s contract with Konami will expire this December, and when that happens, Kojima will now officially leave Konami, leaving behind a huge legacy for the gaming industry. Kojima has said that Metal Gear Solid V: The Phantom Pain will be the final Metal Gear, however, according to*Konami UK Community Manager, Graham Day,* “the Metal Gear brand will continue.”, and when asked if the series can continue without the help of Hideo Kojima, who Konami is currently as odds with, he said*“Yeah, of course it can.”

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The interview with*Graham Day was done for gaming website, Game On, and he added that a different team can make Metal Gear Solid very successful as well and gave*Metal Gear Rising: Revengeance as an example. Of course,*Metal Gear Rising: Revengeance was not handled by Kojima Productions, but by Platinum Games. He also reassured the public that Konami remains committed to making console games.
Kojima Productions, along with other internal companies in Konami, had their names changed due to restructuring, and Hideo Kojima’s name was removed from the game titles, which usually sport a sign saying “A Hideo Kojima Game”. Kojima however countered Konami taking out his name with some guerrilla autograph signings, reminding people he was the one responsible for the game.
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Snapdeal leads US$36M in hyperlocal delivery firm PepperTap

Other investors are Sequoia, SAIF Partners, Ru-net, JAFCO and BeeNext India-based hyperlocal grocery delivery service startup PepperTap has secured US$36 million in a Series B round of funding, led by home-grown e-commerce giant Snapdeal. The round also saw participations from existing investors Sequoia Capital and SAIF Partners. New investors such as ru-Net (Russia), JAFCO and...
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Mapstr wants to be the antithesis of Foursquare

The Paris-based map-meets-notes app allows you to save your favourite places,*20 per cent of which is Singapore, Hong Kong and Taiwan Location search and discovery apps – such as Foursquare – are a dime a dozen, however most of them require you to connect with your social networks in order to function. Some may balk...
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Mapstr wants to be the antithesis of Foursquare

The Paris-based map-meets-notes app allows you to save your favourite places,*20 per cent of which is Singapore, Hong Kong and Taiwan Location search and discovery apps – such as Foursquare – are a dime a dozen, however most of them require you to connect with your social networks in order to function. Some may balk...
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Ideabox calls for Singapore startups to compete in Indonesia

Participants will receive up to US$50K cash allowance and value over US$300K in office facilities and other perks during the programme Indonesia’s tech business incubator*Ideabox*has*announced*its third accelerator programme. The Jakarta-based incubator is also inviting applications*from Singapore-based tech startups this time. Organised in partnership*with*Indosat,*Mountain Partners AG and Ooredoo Group, the programme calls for early-stage startups in...
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5 hot tips for founders from Asia’s top VCs

Are you a new startup founder? Entrepreneur Choon Yan Tan gives you a list of five things to keep in mind so you can impress investors and VCs alike Golden Gate Ventures (GGV) and East Ventures (EV) are two influential VCs based out of Singapore whom entrepreneurs rely on for mentorship, talent access and possible...
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Here’s how a former poker player became the unlikely CEO of Lalamove

Shing Chow’s cocktail for success is equal parts delusion and discipline. The CEO of Lalamove keeps it real and dishes on his experience There are a lot of politically correct and polished CEOs of successful startups. You encounter the ones who eloquently state their mission and founder story with a smile, laced with just the...
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Alibaba, Ant Financial invest in Indian m-commerce firm Paytm

Paytm will use the fresh capital mainly to achieve scale and develop its mobile commerce and payment ecosystem in India Chinese e-commerce giant Alibaba Group and its affiliate Ant Financial Services (Alipay) have made a strategic investment in Noida-based One97 Communications, parent of Indian m-commerce major Paytm. While the transaction details are not officially disclosed,...
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In photos: Facebook Singapore’s new digs

With aesthetics reminiscent of a Brooklyn warehouse, Facebook’s Singapore office is a visually pleasing and welcoming environment Mere blocks away from the Fountain of Wealth, the world’s largest such structure, another record holder is setting up shop in Singapore’s Suntec district. Facebook, not new to Singapore, moved into the 22 floor of South Beach Tower...
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Infocomm Investments announces VC management associate programme

The 18-month long programme is on the lookout for its inaugural batch of eight undergraduate management associates; will commence in January 2016 Touted as the first of its kind in Asia, Infocomm Investments Pte Ltd (IIPL) has launched a venture capital management associate programme. The programme, the IIPL Management Associate Track (iMAT), will admit an...
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Monday, September 28, 2015

Exclusive: Ola to join Uber in India’s online carpool race

Ola, which has already started piloting the project in Bangalore, will also face tough competition from Tripda and BlaBlaCar With carpooling fast-emerging as the hottest new offering among online taxi aggregators in India, Ola*is set to join the*race soon. A source familiar with the development*told e27 that Ola*has already started*piloting the carpool service in Bangalore....
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