Ka-ching! Great news for entrepreneurs in Southeast Asia this Monday morning. Golden Gate Ventures, we have been told directly, is a newly set-up US$10 million venture fund focusing on startups in Southeast Asia - especially Singapore, the Philippines, Indonesia, Malaysia, Thailand, and Vietnam. The fund is looking to invest in startups that are of the consumer Internet genre. You know - web, mobile, social, local, e-commerce, and what not. Golden Gate Ventures will be run by three familiar names in tech circles: Vinnie Lauria, Jeffrey Paine, and Paul Bragiel. Plus, two institutional ...
Tag Archives: vietnam
RSS feed for this section
![Coffee Chat: Social Gaming Startups in Southeast Asia, the DeNA Perspective [LIVEBLOG]](http://www.penn-olson.com/wp-content/uploads/2012/02/11-250x250.jpg)
![Social Gaming Startups in Southeast Asia [PREVIEW]](http://www.penn-olson.com/wp-content/themes/penn2/thumb.php?src=wp-content/uploads/2011/10/Tetsuya-Mori.jpg&w=250&h=250&zc=1&q=90)
![Who Needs PCs? Vietnam, Cambodia, and Laos Opt For the Mobile Web [INFOGRAPHIC]](http://www.penn-olson.com/wp-content/uploads/2011/12/vietnam-01-250x250.jpg)
Feb 7 2012
1
1841
CyberAgent Ventures Invests in Vietnamese Music Service
CyberAgent Ventures, a subsidiary of Japan’s CyberAgent, recently announced investment in Vietnam-based NCT Corporation. That company operates nhaccuatui.com, which is one of the country’s biggest music websites, seeing about 10 million users each month. The financial details of the investment were not disclosed. According to the announcement, CyberAgent anticipates that the service will continue to grow, and it hopes to create “some new businesses in cooperation with NCT by taking advantage of its existing huge traffic.” CyberAgent’s investment arm has already invested in seven tech companies in Vietnam to date, including ...
Feb 2 2012
1
2541
Coffee Chat: Social Gaming Startups in Southeast Asia, the DeNA Perspective [LIVEBLOG]
This post is a part of our coverage of Startups in Asia (Singapore), Penn Olson’s first tech conference. Our full coverage of the event can be found here, for our RSS feed, click here. Summary Tetsuya Mori (pictured above on the left), managing director at DeNA Asia (and ex-VC at Mitsubishi UFJ Capital) joins us to give us his insights on the social gaming market in Southeast Asia. He's based here in Singapore, not his native Japan, leading his company's outreach across the continent. Liveblog #13:55: And after some closing quips, the coffee chat is over. Thank ...
Jan 17 2012
1
2234
Social Gaming Startups in Southeast Asia [PREVIEW]
The social and mobile gaming industry in Southeast Asia has seen a recent boom, which explains why DeNA (TYO:2432), a mobile gaming company from Japan is actively exploring opportunities in this space. Southeast Asia might be fragmented but companies can still find gems in each country. DeNA, for example, has been very busy in Vietnam. It acquired Punch Entertainment last year, and had also recently announced a partnership with Vietnamese game studio, VNG, who will help create games for its Mobage platform. Tetsuya Mori, managing director of DeNA’s Singapore office, is the mastermind ...
Dec 12 2011
2
3252
Who Needs PCs? Vietnam, Cambodia, and Laos Opt For the Mobile Web [INFOGRAPHIC]
The Infographic of the Day series visually expresses important stories from Asia and the world of technology. Vietnam, Cambodia, and Laos are areas that don’t get too much coverage in the tech press - but that doesn’t mean that there aren’t interesting phenomena in the way its web and tech scene are developing. Vietnam is especially one to watch, with a fledgeling start-up scene empowered by game-development successes that are attracting a lot of investment from Japan. Across these three countries, mobile is proving especially revolutionary - getting people not just talking, but ...
Nov 22 2011
5
2404
DeNA Taps Vietnamese Game Studio VNG to Make Mobile Social Games for Mobage
The Japanese company DeNA (TYO:2432) has announced this afternoon that it is tapping a Vietnamese games studio called VNG to bring new social games onto Mobage, DeNA’s global social gaming platform. VNG is one of Vietnam's largest web companies, with 1,500 employees at present. With this tie-up, DeNA will provide support for VNG in its production of new games that will be distributed on the Mobage platform. The aim is to create at least three new social games for smartphones on Mobage in 2012. It has not been revealed how much ...
Nov 9 2011
3
1052
Brandsfavor: Vietnam’s First Private Shopping Site
Members-only online shopping seems to be the in thing nowadays. First we saw Brandmile in India and just recently we received a pitch from Brandsfavor, a private online shopping site which claims to be Vietnam’s first. Jason Vu, the CEO of Brandsfavor, told me that there are nearly 100 Groupon clones on the market and that his team wanted to create a different e-commerce experience. A private shopping club was the answer, a site where Vietnamese can get up to a 70 percent discount off branded goods. These products are usually ...
Nov 30 2011
6
765
Japan’s DeNA Acquires Gaming Studio in Vietnam
We just received word from Japanese mobile social gaming company DeNA announcing that it plans to pick up Punch Entertainment Vietnam, the Hanoi-based studio owned by Punch Entertainment, Inc. in California. The company’s announcement elaborated that Punch Entertainment Vietnam will “provide engineering support” to DeNA’s Mobage development team in Japan, and later elsewhere. President Isao Moriyasu commented on the acquisition: is an excellent addition to DeNA’s first party game development team with its proven track record of developing cross-platform social games. We believe the acquisition will significantly accelerate DeNA‘s game development and deliver ...
Aug 10 2011
1
482
NTT Docomo Invests in Vietnam Mobile Content Company
This afternoon NTT Docomo Inc. announced that it had acquired a 25 percent stake in Vietnam’s VMG Media Joint Stock Company. According to its statement, the purchase is worth about 1.4 billion yen (or over $18 million). Who is VMG? We don’t write much about Vietnam, so we were wondering too. VMG is a mobile content platform provider, and a Docomo representative tells us that it serves up mobile applications, games, and music. It is also involved in billing and CRM. Citing Asia Pacific Research Group, Docomo points out that the market ...
May 16 2011
1
536
Hotels.com Expands To Indonesia and Vietnam
World-leading online hotel booking service Hotels.com has just expanded to two more Asian countries: Indonesia and Vietnam. With Indonesia and Vietnam in its network, Hotel.com now has 15 localized websites in the Asia Pacific region including China, Japan, and Korea, and a total of 77 worldwide. Hotels.com’s Indonesia and Vietnam sites will display content in Bahasa Indonesian and Vietnamese to serve the local markets better. Prior to this localized effort Indonesian and Vietnamese users of Hotels.com face language barriers when making a reservation. Apparently, Google Translate isn’t doing a good-enough job. Hotels.com ...
Jan 18 2012
0
492
The Mobile Internet in Emerging Markets
At the Global Mobile Internet Conference in Beijing, there was a discussion on the development of the mobile internet in emerging markets around Asia. Here are some selected highlights. Participants: Daniel Morton, CFO, Skunkworks (Vietnam) Abhay Singhai, Co-Founder & Head, Global Ad Sales, InMobi (India) Rama Mamuaya, DailySocial.net (Indonesia) Steven Goh, CEO, Mig33, (SE Asia and developing world) David Vachadze, CEO, Mobile Media Group (Russia) Pankaj Choudhury, Managing Director, iFree (India) Moderator: Barrett Parkman, Partner Great Wall Club #1655 Stephen: The NA market is defined by iPhone, US market is more peculiar than you think. For a while there have ...
Apr 13 2011
3
494
Facebook Appoints Admax as Official Sales Rep in Indonesia, Philippines and Thailand
Admax has been appointed as Facebook's official advertising sales partner in Indonesia, Philippines and Thailand, the Asia-based online ad network announced on its corporate website. Launched in 2006, Admax has offices in Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. It also claims to be the largest online advertising network in Southeast Asia. Note that regions like Hong Kong and Singapore are missing. That's because Facebook already has offices at these two locations. Appointing Admax would allow Facebook to quickly gain footing in Indonesia, Philippines and Thailand. It's a smart move to ...
Huawei Chairman Boasts MediaPad 10 Will Be ‘Most Powerful Tablet Ever’
Feb 22, 2012
One Day After Deadline, Tuanbao’s New Services Still Missing
Feb 21, 2012
InMobi Makes Mobile Ad Deal With Detikcom in Indonesia
Feb 22, 2012
GREE Gets Games from Gameloft, Ubisoft for Global Gaming Platform
Feb 21, 2012
Bandwagon Wants You To Jump Onboard its Live Music Search Engine
Feb 22, 2012