KrASIA | Spotlighting Asia’s next wave of innovations
WEBKrASIA reports the most promising trends and businesses across the tech and startup ecosystems in the Asia Pacific. Uncover the next wave of innovations with us.
The future of agrifood tech in Southeast Asia: Agriculture in the ...
WEBApr 20, 2022 · Southeast Asia is poised to become a key market for agritech investment as consumers and businesses in the region go online at a rapid pace. According to AGFunder, agrifood tech startups globally raised USD 51.7 billion in 2021, almost double the USD 27.8 billion raised in 2020. As agritech solves the challenges of agriculture and food ...
Inside Tokopedia, the Indonesian e-commerce company offering
WEBMar 22, 2021 · Starting with an online marketplace, Tokopedia has diversified to offer a broad range of services for its 100 million users. Tokopedia is a pioneer of e-commerce in Indonesia. After serving millions of consumers and merchants for more than a decade, this unicorn company is planning to go public in 2021, possibly through a …
The top six Chinese coffee companies in 2020 bringing caffeine
WEBApr 16, 2020 · The company currently has over 4,300 locations nationwide as of December 2019, and it is aiming for 6,000 locations by 2022. The companies keeping China caffeinated. Among the new coffee companies in China that have joined the race to challenge Starbucks, Luckin is the most well-known, with more than 4,500 stores as of December 2019.
In the top flight: Everything you need to know about Traveloka
WEBMar 17, 2021 · Unardi dropped out of Harvard. A year later, the trio formally established Traveloka in Jakarta. The company’s name is a portmanteau of its main business and loka, a Sanskrit word that means “world” or “universe.”. A company spokesperson said Traveloka is meant to be interpreted literally as the “world of travel.”. Fast forward to ...
Decoding Shein: All the world over (Part 3 of 3) - KrASIA
WEBJan 28, 2021 · 2020 saw numerous retail brands and shops fall victim to COVID-19. Zara’s parent company, Inditex, said that it would close as many as 1,200 stores globally, with its 2020 Q1 reports indicating a net loss of around EUR 409 million (USD 496 million). In contrast, Shein’s sales in March 2020 tripled year-on-year.
Kitabisa ‘connects kindness’ in Indonesia: Startup Stories
WEBMay 20, 2020 · There are more than 267 million people in Indonesia. We can make a great impact on society if we are connected to each other to do good.”. This article is part of KrASIA’s “Startup Stories” series, where the writers of KrASIA speak with founders of tech companies in South and Southeast Asia. Kitabisa has collected USD 10 million in ...
Meet BBK, the world’s largest phone maker that you’ve ... - KrASIA
WEBMar 4, 2021 · By viewing Oppo, Vivo, and Realme as part of the same group, BBK is the world’s largest smartphone maker, with a 19% market share in 2020, per recent data by Counterpoint Research. The three brands sold 262.7 million units in 2020, outperforming bigwigs such as Samsung and Huawei.
These six Chinese home appliance brands are bringing the
WEBJul 15, 2020 · Here are six of the top Chinese appliance manufacturers. 1. Xiaomi. Background. While Beijing-based Xiaomi (HKG: 1810) is well known in China and abroad as one of the world’s largest smartphone makers, the company also boasts a wide array of home appliance products including rice cookers, …
Here’s how Lazada lost its lead to Shopee in Southeast Asia (Part 1 …
WEBMar 24, 2021 · Southeast Asia’s homegrown e-commerce platform, Shopee, is a pioneer in more ways than one. Formed in 2015, it is an offshoot of gaming company Garena, helmed by founders who studied abroad and worked overseas for multinational companies. Its fourth quarter and full year 2020 financial reports indicate that Shopee’s turnover for the year was USD 35.4 billion, double that of 2019 and ...
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