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“With the rapid development of China’s digital economy, the leaders in the internet business will one day venture beyond the country to bring their services to other parts of the world. Same goes for Meituan, which will combine its services with other local players to lead the e-commerce industry,” Wang said. Home to 650 million … Read more
Rule #1 of working from home? Staying home. Ride-hailing, therefore, hit quite the speed bump. When it comes to ride-hailing or food delivery, nobody has the regional scale of Singapore-headquartered Grab, which grossed 50 million downloads last year according to Apptopia. It’s present in eight countries in Southeast Asia. Top 5 takeaways from Covid-time App … Read more
TikTok was downloaded over 38 million times between March and May 2020. That’s more than any other app and over double the 18 million downloads that Instagram, a close rival, landed. Unlike India, where Chinese companies dominate the app ecosystem, TikTok and Alibaba-owned shopping app Lazada are the only prominent Chinese apps to make Southeast … Read more
the platform has a ticket system for flagging problems and directing them to whoever has to address it. The app also notifies store owners about the progress of their deliveries to avoid any waiting time or cancellation. There’s a call centre for addressing customer concerns. If it sounds tedious, it’s because it is. It wasn’t … Read more
While there are other third-party API platform tools like Runscope, 3scale, APImetrics, Sentinet, and Hapi, which are direct competitors of Postman, they are much smaller in scale and scope. They are also, at best, a 10th of its size, making Postman an overwhelming market leader, and potentially one of its kind as far as acquisition … Read more
So it is clear that Postman didn’t need to raise funding at this point. The dynamics of an inbound funding round are significantly different from a traditional funding roadshow. Typically, such “hot” startups are able to get much better terms than normal. It should come as no surprise if a big chunk of the US$150 … Read more
This aphorism, coined by Paul Graham, co-founder of American seed money startup accelerator YCombinator, has long been regarded as a necessary ingredient to startup success. But this truism is deceptively simple. A vast majority of startups go through their entire lives without getting to a point where they can figure out what their target customers … Read more