Connect with us
The clever new way to send money abroad

Ecommerce

Thailand Tech Startup Ecosystem Report 2018

The announcement Eko closing a $20 million Series B funding was the biggest startup deal in Thailand at the end of the year

Published

on

After finishing off 2018, Techsauce has summarized the leading trends in Thailand’s ecosystem in the Thailand Tech Startup Ecosystem 2018. 

This report is part of the publications Techsauce releases every 6 months.  However this latest report not only summarizes the latest trends in 2018, but for the first time, includes analysis and thoughts from the Techsauce team. 

This includes contributors who are veterans in various industries.  This is to give readers insight on what is happening and what is behind the various trends.    

The biggest trends for the second half of 2018 summarized in the report are as follows: 

  • There was more fundraising for startups in Thailand in 2018 than in the year before.  The industry that attracted the most funding was FoodTech.  As for CVC, 2018 was a year that saw high investment in startups overseas.  
  • The announcement Eko closing a $20 million Series B funding was the biggest startup deal in Thailand at the end of the year. 
  • It was a year where there were interesting moves made by Kasikorn Bank with its joint venture with Line and its investment in startups such as Grab and Instalem through…

Thailand Tech Startup Ecosystem Report 2018

TS Startup Report Master – Edit for web publish 1Feb19

Read the complete story here

Techsauce is the partnership of two titans in the Thai technology startup industry between Thumbsup, the leading technology media in Thailand and HUBBA, the biggest coworking space network in Thailand.

Click to comment

Leave a Reply

Ecommerce

How will oil prices shape the Covid-19 recovery in emerging markets?

Published

on

How will oil prices shape the Covid-19 recovery in emerging markets?

– After falling significantly in 2020, oil prices have returned to pre-pandemic levels
– The rise has been driven by OPEC+ production cuts and an improving economic climate
– Higher prices are likely to support a rebound in oil-producing emerging markets
– Further virus outbreaks or increased production would pose challenges to price stability

A combination of continued production cuts and an increase in economic activity has prompted oil prices to return to pre-pandemic levels – a factor that will be crucial to the recovery of major oil-producing countries in the Middle East and Africa.

Brent crude prices rose above $60 a barrel in early February, the first time they had exceeded pre-Covid-19 values. They have since continued to rise, going above $66 a barrel on February 24.

The ongoing increase in oil prices, which have soared by 75% since November and around 26% since the beginning of the year, marks a dramatic change from last year.

Following the closure of many national borders and the implementation of travel-related restrictions to stop the spread of the virus, demand for oil slumped globally.

In the wake of the Saudi-Russia price war in early 2020, Brent crude prices fell from around $60 a barrel in February that year to two-decade lows of $20 a barrel in late April, as supply increased and demand plummeted. The value of WTI crude – the main benchmark for oil in the US – fell to record lows of around $40 a barrel last year on the back of a lack of storage space.

While global demand for oil remains low, one factor credited with reversing the trend is the decision to make significant cuts to oil production, which subsequently tightened global supplies.

Read More

Continue Reading

Tech

How the Rural-Urban Divide Plays Out on Digital Platforms

It is one thing for entrepreneurs, whether urban or rural, to create and operate an online store, as some digital platforms have made it relatively easy to manage an e-store – even by using just a smartphone.

Published

on

In the West, villages are emptying out due to the lack of economic opportunities. Consider Italy where, in a bid to attract newcomers, a handful of municipalities have turned to selling houses for €1.

(more…)
Continue Reading

Most Read

Recent