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Tik Tok Planning to Take On Facebook and Youtube For Greater Share Of Online Advertising Market

Source: Thailand Startup News Aug 11, 2019

Startup App from China, Tik Tok is planning to aggressively outpace Youtube and Facebook in terms of gaining a larger market share for online advertising revenue. Tik Tok which is basically a short-form video app is trying to monetize its platforms with the addition of advertising on its feed. Almost a year old now, the app has broken the 1 billion downloads benchmark with 78 ...

Travel Startup redBus Plans To Expand To Thailand, Vietnam And Turkey

Source: Thailand Startup News Aug 10, 2019

Travel Startup which was founded in india in 2006 by Phanindra Sama and initially started off as a platform for booking provincial buses online has announced plans to expand operations in Thailand, Vietnam and Turkey. The Indian company which was acquired by South African media giant Naspers through its Indian subsidiary, ibibo Group in 2013 for a sum of US$120 million has since div...

While Thai Startups Struggle To Get Fundings, SCB Bank Backs Indonesian Unicorn Startup Go-Jek

Source: Thailand Startup News Aug 06, 2019

Indonesian Unicorn, Go-Jek that is valued at more than US$ 10 billion recently had Siam Commercial Bank(SCB) as a major investor in its Series F Funding round. (late-stage financing). The amount of the investment was not disclosed but is rumored to be substantial. Indonesian Go-Jek Benefiting Form Thailand's SCB Bank's investments Go-Jek, which debuted its app for hail...

US$10 Miilion Early Stage Startup Fund Set Up By Vietnams’s Nexttech Group

Source: Thailand Startup News Aug 05, 2019

NextTech, a 20 year old Vietnamese IT and Digital has launched a US$10 million pre-seed or early stage startup fund called Next100 to support startup founders in the innovation industry. The new fund serves as a combined platform of a venture builder, venture capital fund and also an ecosystems for pre startups and is the first of its kind in Vietnam. NextTech claims to have an annual transa...

Project KATALYST Launched By Kasikorn Bank To Assist Local Thai Startups.

Source: Thailand Startup News Aug 04, 2019

Kbank has announced the launch of project KATALYST to assist Thai startup firms determined to grow their business in line with KBank’s strategies. The initiative aims for business co-creation via information sharing, provision of consultancy and support by KBank’s various departments and partners which will be conducive for a startup’s business growth. Ms. Kat...

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