Source: Thailand Startup News Dec 10, 2019
The electric scooter startup from the co-creator of gadget tracker Tile, Unicorn is shutting down operations after blowing all its cash on Facebook ads but only receiving 350 orders for its glossy white e-scooters, it claims. In an email to customers, the company says it lacks the resources to deliver any of its $699 two-wheelers, and won’t be issuing refunds “as we are comp...
Source: Thailand Startup News Dec 12, 2019
Thai startup entrepreneurs' confidence has continued to fall, dipping to 51.85 for the third quarter because of lack of funding sources, the faltering economy, cautious consumer spending and intensified competition from international players, according to a Government Savings Bank (GSB) survey.
Even expectations for the next three months remained low despite the high season for touris...
Source : Thailand Startup News Dec 07, 2019
Malaysian travel startup, Tourplus, a company that provides personalized itineraries linking travelers to local guides, announced last week that it had raised a US$400,000 pre-seed round from a leading China based accelerator, SOSV Chinaaccelerator and a Chinese angel investor in the travel space with plans to expand his business into Malaysia.
Tourplus team
The pre-seed funding was actually ra...
Source: Thailand Startup News Dec 21, 2019
Social media startup Yubo, the social platform where Generation Z creates communities of friends around the world, announced a $12.3 million fundraising round led by Iris Capital and Idinvest Partners, alongside historical investor Alven, Sweet Capital, and Village Global.
Already with a predominantly English-speaking user base (mainly in the United States, the United Kingdom, and Australia), t...
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