Buyers are cautious however assured and optimistic about SEA; The Google e-Conomy SEA 2020 report says though unicorns at the moment are refocusing on their fundamental companies, most areas of funding, notably sectors that sowed the alternatives afforded by COVID-19, will probably be more likely to produce a wholesome funding ecosystem for the area. Extra right here
How 5-year-old live-streaming app 17LIVE acquired 60M customers globally; It runs customised loyalty programmes for our clients; It has an in-house merchandise crew who designs unique merchandise that can be utilized in reward programmes. Extra right here
4 non-pandemic-related developments in 2020 that can form the SEA startup ecosystem subsequent 12 months; The rise of SPAC instead path to public itemizing and the proliferation of digital banking are amongst them; The proliferation of digital banking is one other pattern. Extra right here
AI within the good retail period; The tech has the aptitude not simply to analyse numeric and textual content information, but additionally what we’d name ‘sensory’ information, similar to visible cues from clients as they browse merchandise; Al can mixture on-line and offline information for a holistic view of the client and use it to seek out folks with the intent to work together with a product. Extra right here
Buyers say these enterprise software program sectors will probably stay sizzling in 2021; Corporations that may clear up the multitude of points attributable to WFH –together with collaboration, safety and productiveness — will proceed to be enticing. Extra right here
Korean agritech startup E Inexperienced World baggage US$9.2M from YD-SK-KDB Social Worth Fund; EGG plans to make use of the capital to broaden its manufacturing facility to provide seed potatoes to its US and Chinese language shoppers, with whom it has signed a contract value US$92M. Extra right here
New well being app HeatraX receives funding from Indonesian authorities; It’s an upgraded variant of thermal scanners; One of many app’s major options is a contactless thermal screening that runs on an on-device AI; It additionally comes outfitted with face recognition and a real-time warning function that measures an individual’s temperature. Extra right here
What the Tech.Cross scheme means for startups and the rise of Singapore as a thriving centre of innovation; Inside one to two-hour flight distance from different rising tech cities similar to Jakarta, Bangkok, Penang and HCMC, Singapore makes a strategic regional tech node; On the peak of US-China commerce tensions this 12 months, Singapore continued to see elevated investments from US MNCs and unicorns and Chinese language tech titans alike. Extra right here
Why the buy-now-pay-later idea is sensible for SEA; The idea is changing into more and more well-liked because of a mixture of things; These embrace modifications in human behaviour attributable to COVID-19-imposed restrictions — we now have extra spare time however are unable to exit purchasing which we compensate by purchasing on-line. Extra right here
This self-learning crib with a built-in monitor can spot your child’s wake-up indicators and put it again to sleep; Together with the natural-soothing-noiseless bounce, Cradlewise additionally performs curated music and prevents the infant from reaching the crying stage; It additionally allows dad and mom to attach their telephones to the cradle utilizing an app to get a stay video of the infant or take heed to the infant wherever, any time. Extra right here
Bambooloo raises US$250K+ by way of ECF to broaden its plastic-free dwelling items into UK; Bambooloo’s foremost objective is to offer cost-effective, safer, more healthy every day important merchandise that assist cut back water utilization, carbon affect and gradual deforestation; The model lately added a bamboo-based private security mask-line to its merchandise. Extra right here
How startups can enhance buyer engagement and develop LTV ratio; There are lots of methods however the linchpin is a deep understanding of who your clients are and what drawback they arrive to have solved; The very first thing you are able to do to extend buyer engagement is to section your leads and clients. Extra right here
How hoolah goals to sort out the misconceptions of BNPL; Analysis detailing the affect of BNPL companies in Singapore by monetary comparability platform Finder confirmed that 27% of a thousand Singaporeans surveyed admit to being financially worse off when utilizing a BNPL service, with impulse shopping for being the commonest mistake. Extra right here
Wish to be an entrepreneur? Right here’s why 2021 is a greater 12 months than 2020 to begin a biz; The variety of folks world wide utilizing the web has grown to 4.54B in Jan 2020, a rise of seven% in comparison with Jan 2019; It has now change into simpler and extra accessible for on a regular basis folks to begin companies similar to e-commerce, digital assistant work or teaching. Extra right here
How can blockchain and different rising applied sciences remodel provide chains?; Blockchain adoption is slighted to dramatically enhance the effectivity of cross-border transportation flows by democratising entry to information and seamlessly connecting cross enterprise processes between totally different collaborating events – basically constructing a digital community of belief amongst stakeholders. Extra right here
Is your product affected by service design points?; Service design is “the exercise of planning and organising a enterprise’s sources with a view to straight enhance the worker’s expertise, and not directly, the client’s expertise; The discord between product design and repair design can result in some baffling developments in consumer behaviours. Extra right here
4 cloud and information developments to search for in 2021; Gartner is forecasting world public cloud income to develop by 19% from US$258M in 2020 to US$307M by 2021; Making a cloud-based tradition and democratising information will obtain quite a lot of focus in 2021. Extra right here
Seize releases statistics to spice up Myanmar’s digital economic system; Between March and November 2020, GrabFood’s every day order quantity elevated by roughly 470%; Throughout the identical interval, GrabFood noticed an 80% enhance within the variety of merchant-partners utilizing the platform to serve their clients. Extra right here
“Innovation can not be delayed”, says Connie Leung, Enterprise Lead (Monetary Companies in Asia), Microsoft; There’s a transfer towards a super-app for monetary companies, the place clients can entry a number of touchpoints throughout department, name centre and cell app companies, for ease of entry. Extra right here
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