Singapore’s AdzCentral Raises $3.2 Million From Electric Sheep Capital and DMP

Singapore-based AdzCentral has concluded a SG$4 million (US$3.2 million) financing round with Electric Sheep Capital and Digital Media Partners (DMP). AdzCentral in a nutshell provides clients with a one-stop platform for convenient automated digital ads buying including social ads, search, mobile, email, and video. The AdzCentral platform integrates with DSP and trading desk technology to …

Twitter, Mig33, 51.com doing well in Asia

Social networking sites in Asia received some mixed news last week, when Internet research firm GlobalWebIndex released a study of how social networks have performed in the region from Q2 2012 to Q4 2012. Twitter has experienced tremendous growth among several countries in Asia Pacific, contributing significantly to its status as the fastest-rising social network …

WearYouWant Aims to Ride on Thailand’s E-Commerce Growth

Thailand’s WearYouWant is a B2B2C fashion e-commerce site. That means, it helps other retailers to feature and sell their products to consumers online. It was founded in October 2011 by Julien Chalté and Martin Toft Sørensen, when both founders saw that Thailand would eventually need an online platform for shops to sell things online, particularly …

Man vs. machine

One of the key innovations of M-PESA is shifting transactions—especially cash in and cash out—outside of expensive bank branches and into low-cost independent shops, or agents. (Ignacio Mas’s article “The Economics of Branchless Banking” remains the best overview of this; for real cost data, you can look here.) Over time, the use of agents has …

Andy Zain, director of The Founder Institute Jakarta, joins mig33 as executive director

mig33, a social entertainment platform company headquartered in Singapore, has welcomed a new executive director, serial entrepreneur Andy Zain. He joined mig33 in August. Andy is also currently the director of The Founder Institute Jakarta. Prior to his current appointments, he co-founded Polaris Network, the first wireless hotspot service in Indonesia; Elasitas, a platform provider …

Becoming the Yelp of Southeast Asia, by Way of Bangkok

International start-ups and investors seeking to tap into Southeast Asia’s rising middle class and remarkably high rates of mobile and social-media usage have commonly targeted Singapore or Indonesia as the launch pads for their Internet businesses. The benefits of Singapore, entrepreneurs say, include its buzzing tech scene, ease of doing business and abundant investor capital, …

Dealguru acquires Asian Room Service, heats up online food delivery competition in Singapore

Dealguru, the company behind Deal.com.sg and one of Singapore’s largest group buying sites, has just announced its acquisition of Asian Room Service, which runs Room Service Deliveries. The news was first reported by SGEntrepreneurs, with the terms of the acquisition undisclosed. Founded almost a decade ago, Room Service Deliveries operates in Singapore, Malaysia and Indonesia. …

2C2P launches 123 Service to diversify online payment options

2C2P takes Thailand’s e-commerce sector to a whole new level with its announcement of 123 payment service, enabling more convenient, non-credit-card payment processing both for online [IDF1] merchants and for consumers. This scalable and seamlessly integrated payment solution meets the needs of the country’s growing e-commerce industry and improves global competitiveness. “We are not newcomers …

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