Global champion: Asians spend 40% more in-app purchases than the rest of the world

A study by AppsFlyer reveals in-app spending patterns of mobile users around the world Global mobile marketing attribution analytics company AppsFlyer today announced the results of its State of In-App Spending report, which detailed in-app purchase (IAP) behaviours of more than 100 million mobile app users across over 1,000 apps. While only five per cent...
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Why your startup needs a partner NOW!

Startups do not need to partner with other startups, rather, agreements with MNCs and government agencies can be mutually beneficial Business*is never a fair playground. And it’s even harder for startups to be competitive against multinational corporations or government-linked companies — often backed by enormous resources, capital, suppliers, partners and distribution channels. However, this does...
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Indonesia’s Bank Mandiri launches incubator for fintech startups

Earlier this year, the bank launched a venture capital firm specialising in fintech investments Following the announcement of their tech-focussed investment arm Mandiri Capital, Indonesian state-owned Bank Mandiri on Thursday launched an incubator programme that specialises in fintech startups. The programme is held in partnership with Mandiri Capital, state-owned telco giant Telkom’s Indigo Inkubator and...
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NetDragon shows you what’s it like to combine online education with augmented reality

Imagine, instead of a guest lecturer being beamed-in via Skype, a walking, talking teacher will be projected in front of the audience You can see him. You can ask him questions. You can almost feel him in front of you just like any other lecture you attend. But if you go ahead and take a...
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China’s female tech investors: new industry, old stereotypes

In tech industry, chauvinist views exist among both sexes In Asia, China has a reputation as a more equitable country when it comes to gender and management positions. Globally, China has a slightly higher percentage of women in senior*roles, an average of 25 per cent versus 22 per cent, according to the Grant Thornton International...
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Here’s why this Swede thinks Vietnam has the tech talent Scandinavia needs

David Svensson, CEO and Founder of freelancer platform Pangara, expounds on its unique selling points and how Northern Europe can leverage on Southeast Asia’s talent pool The global socio-economic landscape is undergoing an upheaval; and perhaps one inadvertent side effects was the rise of freelancing, not just as a side gig but also as a...
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Two countries, a world apart, in need of startups to help manage the world’s most imp

For the Netherlands and Singapore, geography forces the two countries to emphasise water management, and the technology needed in the future Two countries*separated by 10,000 kilometres, separate cultures and wildly different weather patterns may not logically come to mind have the same public policy puzzle. However, whether its*Singapore’s small size or the Netherlands unique geography...
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It takes less time than you think to start an online business

Do you know*Convoy raised US$2.5 million in seed money from the likes of Jeff Bezos when it was just*six months old? “Every time I think to start an online business, I have to drop the idea because I don’t have much time.” This is what I heard from one of my friends last night when...
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How social media is changing entrepreneurship

By harnessing the power of social media, you can turn your fledgling business into a large enterprise Entrepreneurship is a vital aspect of market economies. Entrepreneurs introduce new sources of wealth by creating products or services that did not exist before, thereby generating new jobs and opportunities. The rise of social media as a marketing...
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From Brexit to work safety: Lessons to enrich your entrepreneurial journey

Because building and growing a startup leads you to places and situations where something always catches you off-guard On*its seventh year, e27*hosted*Echelon Asia a few weeks ago in Singapore where we welcomed some 4,000 delegates from the world over — tech startups and companies, investors, government agencies and*industry leaders, to name a few. Months of...
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What factors lead to the closure of Ensogo?

Ensogo’s closure sounds the horn for the beginning of an e-commerce battle: One that will weed out most existing players from the battlefield Founded in 2010, Ensogo was one of the most promising e-commerce startups around Southeast Asia. Accompanied with increasing popularity and stable financials, the agile and smooth expansion to Philippines and Indonesia further...
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Grofers’s rough patch continues as the SoftBank-backed delivery startup fires employe

In January this year, Grofers had shut operations in nine cities owing to poor uptake of services While many of its competitors shuttered mid-way or fired massive number of employees, Grofers was the only company that weathered the storm— although it had shut operations in nine cities early this year. Now, it seems the overall...
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Delivered: B2B logistics startup Kargo gets seed funding from East Ventures, angel in

The Indonesian startup plans to use the funding to develop technology and increase partnerships Indonesian on-demand inter-city B2B logistics startup Kargo today announced that they have received an undisclosed amount of seed funding from East Ventures and angel investor Diono Nurjadin. The Jakarta-based startup plans to use the funding to develop technology and increase partnerships...
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As Ola and Uber fight over ‘nationality’, Meru Cabs zooms past with US$25M funding

With this funding from Times of India’s VC arm Brand Capital, Meru aims to showcase its services to a larger customer segment via a bouquet of media channels Ola is arguably the undisputed leader in the Indian online cab-hailing industry, with*Uber*enjoying a close*second position.*Ever since San Francisco-based Uber came to India in 2012, the two*companies...
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Numbers speak: Thailand experiences 29 times growth of tech investments in past 4 yea

The latest Techsauce report reveals why Thailand is set to rival Indonesia and Singapore in terms of tech investment Thai digital industry seems to be on the roll lately, with the government announcing national e-payment system and funding to build local startup ecosystem. Despite several shortcomings, a recent report by resource portal for tech and...
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Bitcoin gets legal protection in China

The Chinese authorities issued a notice on the risk prevention of Bitcoin in 2013 The Standing Committee of the National People’s Congress of China on Monday issued a bill to legalise online virtual assets and data information. Virtual assets including Bitcoins and Chinese tech giant Tencent’s Q-coin will be protected by Chinese laws. In 2004,...
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The investor 101 video guide to funding e-payment startups

The e-payment space has experienced rapid growth in the past few years; here is a quick overview of the industry The e-payment space has experienced tremendous growth over the past few years. In 2014, a report by Frost and Sullivan cited an estimated US$34 billion worth of transactions were conducted online. A surge in the...
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India Supreme Court rejects petition trying to ban encrypted messaging apps like What

The petition in question would have forced companies to share their private key to law enforcement during investigations Privacy proponents can rejoice. Despite activist Sudhir Yadav’s best efforts to get India to ban encrypted messaging apps like WhatsApp, the Indian Supreme Court decided on Wednesday to dismiss his PIL (public interest litigation). Yadav’s petition called...
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Awfis on-demand: This app lets you book a coworking space in India

Awfis provides ready-to-use, plug-and-play workspaces that can be booked through its mobile app in real time Startups and SMEs — and even individual professionals and bloggers*for the matter — are warming up to the idea of collaborative working, which allows them to share not just physical space with peers, but also to engage actively for...
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Confessions of a startup job hopper

Is job hopping fast becoming the new norm? I’ve never quite imagined before that someone would ever say to me, “Oh, wow, you really are a job hopper!”. Clearly, being a job hopper was not something that I had in mind when I was a child — or even after I graduated from school. But...
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Sticking a thumb out is so 2015: uberPOOL launches in Singapore

uberPOOL will immediately have to compete with GrabHitch, which has been operating in Singapore since November 2015 “It’s all about getting more butts into fewer cars.” In one sentence, this is the pitch*Uber is making to consumers today as it announced the launch of its uberPOOL service in Singapore on July 1. For users, it...
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Zomato ID Country Manager: “We have already reached break-even in 6 countries”

Karthik Shetty also reveals the company’s grand plan for Indonesia — and what Indonesians like to eat most in 2015 Karthik Shetty welcomed e27 into Zomato Indonesia office one day to talk about the latest updates from the company. The Zomato Indonesia Country Manager was appointed recently to replace Djunadi Satrio, who stepped down last...
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Something is broken in mobile advertising; here are the 4 rules to fix it

Make sure you are no longer clueless to the sorcery behind the word “optimisation” What does optimisation really mean? When you run a mobile app install campaign, you’re counting on your agency or media partner to deliver a great performance. Agencies use the word “optimisation” a lot, and the usual drill goes something like this:...
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Is acquiring on-demand startups the way forward for SoftBank?

In spite of Nikesh Arora’s high-profile departure from SoftBank, the unwavering ambitions of the company to invest in promising startups remain central Image Credit: Unsplash While many see Tencent’s potential acquisition of Supercell integral to the former’s plans for world domination in the video game industry, it is a win-win situation for SoftBank Group Corp...
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Singtel’s new initiative will see up to 7 social startups receive up to US$14.8K each

Successful candidates will also receive access to business workshops, mentoring and coaching support and business opportunities with Singtel and its regional mobile associates Singapore-based telco Singtel has announced the launch of its new social impact initiative Singtel Future Makers. The six-month programme aims to nurture new social startups and help them grow their businesses. Up...
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