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Aspiring Southeast Asian Unicorns to Watch – Singapore’s Carousell
Singapore-based online classifieds business platform startup Carousell is on the brink of becoming Southeast Asia’s next premier unicorn and is poised to become the region’s dominant digital marketplace. Its recent merger with Telenor Group’s former subsidiary 701Search gave it control over three other digital marketplaces that are the leading online classifieds marketplaces of their respective […]
Aspiring Southeast Asian Unicorns to Watch – Malaysia’s iFlix
Malaysian-based iflix, a video-on-demand (VOD) service platform that began operations in 2015, was recently featured in a report published by Google as one of about 70 emerging and aspiring unicorns in the Southeast Asia region. The startup was hailed as a competitor to Netflix in the region, and as of 2019, it boasts more than […]
Singapore Startup Carousell Set to Become Latest SEA Unicorn in Merger with Rival 701Search
Singapore’s Carousell, a startup that operates in the online classifieds business space, announced recently that it had agreed to a merger with 701Search, a subsidiary of Norwegian multinational telecommunications giant Telenor Group. The merger of the two entities will see the valuation of Carousell skyrocket to more than US$850 million from its current valuation of […]
How AI is Helping This Southeast Asian Unicorn Gain Dominance
When people mention artificial intelligence – or AI – technologies, it usually conjures up images of futuristic talking robots that understand human emotions, or of a dystopian future where machines have taken over the planet and reign supreme over humanity, much like the Terminator movies. The truth is actually more mundane; anyone using a mobile […]
Aspiring Southeast Asian Unicorns to Watch: Vietnam’s E-commerce Startup Sendo
Sendo operates both business-to-business and consumer-to-consumer models, serving more than 300,000 sellers and 10 million buyers.