And Snapchat will set up its first office in India to support business growth; Egypt’s head electronic payment company Fawry listed on the Egyptian exchange; Sensor Tower’s Chinese mobile game revenue TOP30: “PUBG Mobile” ranked first
Southeast Asia
Shrimp Singapore’s digital marketing agency Hashmeta acquired the fashion platform ShopperBoard. Founded in 2013, ShopperBoard has more than 70 local brands in Singapore. The company is aimed at young consumers, mainly women between 18 and 44. After the acquisition, Hashmeta will integrate the content generated by NetRed into the ShopperBoard platform. In the future, Hashmeta plans to open offices in China, Thailand and Vietnam.
India
The news said that one plus will launch TV products in China and the United States. According to Mysmartprice, I will launch a series of TV products on September 26, which will be launched in China, the United States and India. The specific sizes are 43 inches, 55 inches, 65 inches and 75 inches. In addition, a plus TV will also provide Bluetooth 5.0 and “unique Android TV experience.”
Ant Jinfu or make key recommendations for Zomato’s $500 million financing. According to the Indian media ET report, Zomato’s regulatory filings at the company’s registry showed that Ant Financial’s veto on all matters when it invested in the company last October. Taking into account the ant’s veto power, Zomato’s new lead in this round of financing is not a competitor of Ant Financial.
Social e-commerce platform Meesho has completed $125 million in funding from Naspers. This investment includes Facebook, Safran Investment, Sequoia Capital, Shun Capital, RPS and Venture Highway. It is reported that this investment has made Meesho’s valuation reach 600 million US dollars. The company will use the new funds to further establish a technology platform, launch new categories, and go deep into areas outside the major Indian cities that are not covered by the traditional e-commerce market.
Flipkart will launch a free video streaming service. According to PricewaterhouseCoopers’ 2019 report, India is the fastest growing media and entertainment (M&E) market in the world, and video will be the fastest growing segment of all M&E segments in the country. In the future, Flipkart will be with Amazon Prim