SEA Digest: Giftee backs Malaysia’s AdEasy; Vietnam’s ThinkZone launches Batch 3 

Photo: Pixabay

Malaysia’s online marketplace for offline advertising AdEasy has secured funding from Japanese eGift service provider Giftee Inc while Vietnam-based accelerator ThinkZone has launched its third batch, providing local startups with $100,000 support packages. 

AdEasy raises funding from Japanese Giftee Inc

Malaysia’s online marketplace for offline advertising AdEasy announced Thursday it has secured funding from Japanese eGift service provider Giftee Inc through their Malaysian subsidiary, Giftee Malaysia.

This marks Giftee Inc’s first major investment outside of Japan as it expands into Southeast Asia. This round of funding is on top of the over RM1.8 million ($455,000) raised in two previous rounds of crowdfunding, and angel investment,  bringing AdEasy’s valuation to RM17.5 million ($4.1 million). 

Founded in 2017, Kuala Lumpur-headquartered AdEasy helps advertisers discover, compare and book ad space in magazines, newspapers, radio, television, cinema, and out-of-home media.

Vietnam’s ThinkZone launches Batch 3 

Vietnamese accelerator ThinkZone has launched its third Batch, providing local startups with $100,000 support packages, according to an announcement.

In this batch, ThinkZone will support and develop early-stage tech startups from various verticals that already have customers/sales, and are in the process of validating their products in the markets.

ThinkZone Accelerator Batch 03 is open for application from July 14 to August 15, 2020, and is projected to last for five months.

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.