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IPrice Group
iPrice Group Sdn Bhd is a privately owned online shopping aggregator based in Kuala Lumpur, Malaysia. The company is an online aggregator that simplifies a consumers shopping experience by allowing them to browse for products and compare prices from various online stores. iPrice is a funding and investment product of Asia Venture Group and currently operates in seven Asian countries; namely Hong Kong, Singapore, Indonesia, Philippines, Thailand, Vietnam, and Malaysia. As of May 2017, iPrice hosts a catalogue of over 110 million products from over 1000 merchants across the region, including big e-commerce sites like Lazada and Zalora. History Founded in October 2014 in Kuala Lumpur, Malaysia, iPrice expanded in the same year it was founded and became an active player in the e-commerce industry of six other countries: Singapore, Hong Kong, Indonesia, Philippines, Thailand, and Vietnam. The site first started out as a coupon site that offers deals and discounts for other online ...
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Private Limited Company
A private limited company is any type of business entity in Privately held company, "private" ownership used in many jurisdictions, in contrast to a Public company, publicly listed company, with some differences from country to country. Examples include the ''limited liability company, LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, ''GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and person ...
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E-commerce
E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is in turn driven by the technological advances of the semiconductor industry, and is the largest sector of the electronics industry. Defining e-commerce The term was coined and first employed by Dr. Robert Jacobson, Principal Consultant to the California State Assembly's Utilities & Commerce Committee, in the title and text of California's Electronic Commerce Act, carried by the late Committee Chairwoman Gwen Moore (D-L.A.) and enacted in 1984. E-commerce typically uses the web for at least a part of a transaction's life cycle although it may also use other tec ...
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Internet Properties Established In 2014
The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a '' network of networks'' that consists of private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the inter-linked hypertext documents and applications of the World Wide Web (WWW), electronic mail, telephony, and file sharing. The origins of the Internet date back to the development of packet switching and research commissioned by the United States Department of Defense in the 1960s to enable time-sharing of computers. The primary precursor network, the ARPANET, initially served as a backbone for interconnection of regional academic and military networks in the 1970s to enable resource shar ...
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Comparison Shopping Websites
Comparison or comparing is the act of evaluating two or more things by determining the relevant, comparable characteristics of each thing, and then determining which characteristics of each are similar to the other, which are different, and to what degree. Where characteristics are different, the differences may then be evaluated to determine which thing is best suited for a particular purpose. The description of similarities and differences found between the two things is also called a comparison. Comparison can take many distinct forms, varying by field: To compare things, they must have characteristics that are similar enough in relevant ways to merit comparison. If two things are too different to compare in a useful way, an attempt to compare them is colloquially referred to in English as "comparing apples and oranges." Comparison is widely used in society, in science and in the arts. General usage Comparison is a natural activity, which even animals engage in when deci ...
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Says Sdn Bhd
Says Sdn Bhd is a company based in Petaling Jaya, Malaysia, that operates the web site Company Overview Of Says Sdn Bhd, "Bloomberg Businessweek", 19 Dec 2013,, 2013 The company was formerly known as YouthSays, Youthsays Sdn Bhd. Since its point of inception in 2010, Says Sdn Bhd has served over 80 leading brands including Nike, Coca-Cola, Unilever, Maxis and Nestle. On 8 October 2013, Says Sdn Bhd completed a $20 million merger with Catcha Media Berhad's subsidiaries to form a new company, Rev Media Equity Holdings Sdn Bhd (Rev Asia) Effective 12 December 2013, Says Sdn Bhd became Rev Social Malaysia Sdn Bhd. Products Says.com is Malaysia's fastest growing news website, generating over one million unique visitors since on 18 October In 2010, the beta version of what is known today as Says.com was launched. In January 2011, Says Sdn Bhd bought the Says.com domain for $40,000 (USD) and launched Says.com global on 31 May 2012, further expanding the social news network into Indi ...
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Rev Asia
REV Media Group (formerly known as REV Asia Holdings) () was formed on 8 October 2013 following the completion of the merger between certain Catcha Media Berhad (Catcha Media) subsidiaries and Says Sdn Bhd. The merger deal, valued at MYR60 million was first announced in May 2013 and completed in July. The new company that resulted was named Rev Asia Holdings Sdn Bhd or Rev Asia for short. On May 8, 2017, Rev Asia Sdn Bhd's subsidiary, Rev Asia Holdings, was acquired by Media Prima for MYR105 million. Founders Rev Asia's board of director includes Khailee Ng (co-founded GroupsMore, a leading group buying company acquired by Groupon in 2011, and SAYS.com, a regional social media advertising and news network) as its chairman, and entrepreneur Patrick Grove (Group CEO of Malaysia-based investment group Catcha Group) and Joel Neoh Eu-Jin (SAYS.com co-founder and Head of Asia Pacific for Groupon Groupon is an American global e-commerce marketplace connecting subscribers with loc ...
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Foodpanda
Foodpanda (stylized as foodpanda) is an online food and grocery delivery platform owned by Berlin-based Delivery Hero. Foodpanda operates as the lead brand for Delivery Hero in Asia, with its headquarters in Singapore. It is currently the largest food and grocery delivery platform in Asia, outside of China, operating in 12 markets across Asia. History In 2012, Swiss Lukas Nagel and Rico Wyder established Foodpanda in Singapore, before expanding to Malaysia, Indonesia, the Philippines, Taiwan and Thailand. A year later in 2013, Foodpanda was launched in Bangladesh and Romania. With more than 20,000 employees operating in their company, Foodpanda became the largest food delivery service in Bangladesh. In 2014, the service expanded into the Balkans, Brunei, as well as the Philippines. In February 2014, Foodpanda acquired Eat Oye, a rival company in Pakistan. Global expansion of the Foodpanda business was led by Ralf Wenzel, Felix Plog and Ben Bauer. In 2015, co-founder Rohit Chad ...
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Uber
Uber Technologies, Inc. (Uber), based in San Francisco, provides mobility as a service, ride-hailing (allowing users to book a car and driver to transport them in a way similar to a taxi), food delivery ( Uber Eats and Postmates), package delivery, couriers, and freight transportation. Via partnerships with other operators such as Thames Clippers (boats) and Lime ( electric bicycles and motorized scooters), users are also able to book other modes of transport through the Uber platform in some locations. Uber sets fares, which vary using a dynamic pricing model based on local supply and demand at the time of the booking and are quoted to the customer in advance, and receives a commission from each booking. It had operations in approximately 72 countries and 10,500 cities as of December 31, 2021. Uber offers many different types of ride options. UberX is the most popular and the standard service of the company. UberXL, Uber Comfort, and Uber Black are other options ...
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Series A Round
A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors. Series A rounds are traditionally a critical stage in the funding of new companies. Series A investors typically purchase 10% to 30% of the company. The capital raised during a series A is usually intended to capitalize the company for 6 months to 2 years as it develops its products, performs initial marketing and branding, hires its initial employees, and otherwise undertakes early stage business operations. It may be followed by more rounds ( Series B, Series C, etc). Sources of capital Because there are no public exchanges listing their ...
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500 Startups
500 Global (previously 500 Startups) is an early-stage venture fund and seed accelerator founded in 2010 by Dave McClure and Christine Tsai. The fund admitted a first "class" of twelve startups to its incubator office in Mountain View, California in February, 2011. They expanded to a second class of 21 in June 2011 and a third class of 34 in October 2011. History In 2012, 500 Startups acquired Mexican.VC, an accelerator in Mexico City, expecting to ramp up its investment in Mexico substantially. Through its investment in Alta Ventures, 500 Startups planned have better access to deal-flow in this region. 500 Startups LATAM is directed by Santiago Zavala and have startups like Platzi in its portfolio. As of February 2021, 500 Startups had invested in over 2,400 companies including Eat App, IDreamBooks, Little Eye Labs, myGengo, Cypheme, Cucumbertown, Visual.ly, Canva, Udemy, RidePal and Aircall. As of August 2015, more than 20% of the companies had participated in other incu ...
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Seed Funding
Seed money, sometimes known as seed funding or seed capital, is a form of securities offering in which an investor invests capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding, and crowdfunding. Usage Traditionally, companies that have yet to meet listing requirements or qualify for bank loans, recognize VC as providers of financial support and value added services. Seed money can be used to pay for preliminary operations such as market research and product development. Investors can be the founders themselves, using savings and loans. They can be family members and friends of the founders. Investors can also be outside angel investors, v ...
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