As well, Softbank-backed Indian network car giant Ola launched its self-driving service “Ola Drive”; one plus Liu Zuohu: India is the second headquarters, and many employees have been stationed; Amazon launched the “Global Sale” program in Vietnam.
Southeast Asia
Amazon launches the “Global Sale” program in Vietnam. According to the English website KrASIA, Amazon will hire a dedicated team to promote the global sales of Vietnam-based companies through Amazon’s platform. It is reported that in order to implement this program, Amazon will provide Amazon FBA services to sellers, so that companies can store their products in Amazon’s 175 distribution centers around the world. Amazon will also sort, package, ship and provide customer service for these products. Prior to launch, Amazon Global Sales had worked closely with the Vietnam Trade Promotion Department and selected 100 SMEs from Vietnam to participate in the program.
Malaysia drone management solution provider Aerodyne completed $30 million in Series B financing. According to e27, this round of financing was led by Indonesian venture capital Kejora Ventures and Korean venture capital InterVest. It is reported that the proceeds will be used for mergers and acquisitions, technology research and development, talent recruitment, and expansion of the business to Japan, India, the United States and the Middle East.
Burma Trade Group UMG Group’s venture capital division UMG Idealab is seeking a partnership with local Indonesian VCs. According to DealStreetAsia, its investment partner, Jefry Pratama, said the move would expand the company’s investment potential. Currently, UMG Idealab has invested in more than 50 companies, most of which are in the seed stage. The UMG Idealab investment area covers four countries in Myanmar, Thailand, China and Indonesia, and Indonesian companies have a larger share of their portfolio. Pratama also said that the company is particularly keen on AI technology.
India
Softbank-backed Indian network car giant Ola launched the self-driving service “Ola Drive” and plans to put 20,000 cars into the market by 2020. According to the English station KrASIA, after six months of preparation and trial operation in Bangalore, Ola announced the launch of “Ola Drive” (a self-driving car sharing service) on Thursday. According to reports, Ola’s self-driving service will put a lot of pressure on the Zoomcar supported by Sequoia. It is reported that in addition to the Zoomcar backed by Sequoia, the competition in the self-driving rental industry is also supported by Y-Combinator Drivezy and Carzo.Nrent and Myles.
One plus Liu Zuohu: India is the second headquarters, and many employees have been stationed. According to the first-line report of Tencent, recently, Liu Zuohu, the founder of Yijia Mobile, said in an interview that India has positioned India as the second headquarters in the future because it believes that India has huge potential in the next 10 years. This means that R&D, sales, service, etc. must all form a complete system. Liu Zuohu also said that many employees have been stationed in India.
India’s largest e-commerce company Flipkart plans to divest PhonePe. According to Netease Technology, India’s Economic Times said that Wal-Mart is currently working on a split, which is part of its $1 billion financing plan. This round of financing may cause the payment department PhonePe to be valued at $10 billion, and Wal-Mart will also receive an 82% stake in PhonePe and Flipkart through this financing.
German Investment & Development Co., Ltd. (DEG) is committed to providing 207.9 million euros ($23.3 million) in senior debt to Mahansaria Tires Private Limited (MPTL), an Indian off-highway tire manufacturing company. According to DealStreetAsia, DEG said the money will be used for MTPL to build its production facilities in Gujarat, India.
Latin America
Didi travel plans to enter Costa Rica, marking its first expansion in Central America. According to DealStreetAsia, the company is recruiting drivers and operations assistants from Costa Rica based on its recruitment information on LinkedIn. It is reported that Didi is actively developing business in Latin America. Beginning in early 2018, Didi entered the markets of Brazil, Mexico, Chile and Colombia. A spokesperson for Didi said that Costa Rica is one of the most stable and prosperous countries in the region and can lay a solid foundation for business expansion in the Americas and the Caribbean.
The Mexican venture capital firm InnoHub raised $13 million to improve the financial situation of SMEs in the country. According to Contxto, InnoHub CEO Raimundo Burguera said that through this investment, we will continue to create and develop digital financial solutions. It is reported that InnoHub was established in 2015 and is a venture capital organization dedicated to investing in and expanding technology startups.
Middle East
About whetherTo invest in the second phase of the Softbank Vision Fund, Abu Dhabi’s sovereign wealth fund Mubadala Investment Company has yet to make up its mind. According to DealStreetAsia, Mubadala’s CEO said that “the right time” would decide whether to invest in the second phase of the Vision Fund. Currently, the company is considering issuing bonds in the context of a downturn in international interest rates and a hot bond market, and may invest in shares issued by Saudi Aramco, the world’s largest oil company.
Going to the sea
With China’s leading new business media, we are constantly looking at emerging markets in India, Southeast Asian countries, Latin America and Africa. From the perspective of the media, we put together the new global business landscape and presented it to the Internet people who are eager to “far away” in China, and escort them to the distant side.
We expect friends who like and pay attention to overseas markets to join us. Currently open positions include full-time journalists and operations.
* For details, see: is time to look at Going to the new global business map! I recruit people
文 | 云晞@出海;沉锅@出海
ed | Zhao pure sea @
Picture|Pexels
