Emerging Economies | September 08, 2017 |
Dear Subscribers,
Hope you are doing well. I'm reaching out to you all from various emerging markets to suggest me some great websites/ blogs from your countries/ regions (MENA, Latam, Brazil, Africa, SE Asia, Central Asia, South Asia) to curate the content for this weekly digest.
Enjoy reading the weekly curated list for this week! If you have an amazing resource and want to see your resource in our next digest, I'd love to hear from you too. Looking forward to your feedback and resources. Submit it here. Have a great weekend.
Thank you.
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| | By Sunny Sen - Factor Daily Messaging service WhatsApp is taking early steps towards making money off its platform in India. On Thursday, tickets booking platform BookMyShow said it had started collaborating with WhatsApp. It sent its users confirmations on WhatsApp for tickets booked, one of which was posted by a user on Twitter. "We will use this chat to send your ticket confirmation," BookMyShow's WhatsApp message read. "To stop receiving messages from us, please reply with 'Stop'." | | By Rishabh Borde - Dazeinfo Global sales of smartphones to end users totaled 366.2 million units in the second quarter of 2017, a 6.7 percent increase over the second quarter of 2016, according to Gartner, Inc. In the smartphone operating system market, Android extended its lead with 87.7 percent market share, while iOS accounted for 12.1 percent."
Although demand for utility smartphones remains strong, there is growing demand in emerging markets for 4G smartphones, with more storage, better processors and more advanced cameras. This is translating into higher demand for midpriced [$150 to $200] smartphones," said Anshul Gupta, research director at Gartner. | | By Yon Heong Tung - e27 Singapore-based AI company KeyReply has partnered with Silicon Valley-based chatbot startup Chatgrid. The goal is to consolidate their resources to better tailor their solutions to customers both in Asia and in the US.
KeyReply offers a suite of chat tools, including a chat widget as well as a FAQ chatbot called Botdesk, which was launched on Product Hunt last week. While its solutions are available to global customers, many of the prominent of ones are based in Singapore. | | By Anna Hirtenstein - Bloomberg GreenWish Partners, a renewable energy company run by a former Morgan Stanleyexecutive, is planning to invest $800 million on solar-powered telecommunications towers across Africa.
The project could fuel economic growth by providing power for essential services. Sub-Saharan Africa has the lowest rates of energy access in the world and is home to about half of the world's 1.2 billion people without reliable electricity, according to the International Energy Agency. The problem extends to businesses as well as households, cutting into productivity and growth. | | By Sarah Perez (@sarahintampa) - TechCrunch Google is expanding its speech recognition capabilities to support dozens of new languages, particularly those in emerging markets in India and Africa, the company announced this morning. That means more people around the world will gain the ability to search the web by voice as well as type via voice using Google's keyboard app, Gboard.
The company says with the update, it's adding 30 languages and locales around the world, bringing the total supported to 119. The update includes 8 more Indian languages, as well as Swahili and Amharic, two of Africa's largest languages. | | By Melike Belli - FinTech Circle In 2016, with the foundation of FinTech Istanbul, an independent organisation supported by Interbank Card Center of Turkey, the Turkish FinTech ecosystem has started to develop and receive attention internationally. Currently, there are more than 200 FinTech companies operating in Turkey and investment made in these companies increased to $28 million in 2016 compared to $9.6 million in 2015. A majority of these FinTech startups are providing innovative payment solutions. According to Startups.Watch, there are 12 active InsurTech companies that raised $2.1 million investment in the last 2 years. This shows that the InsurTech market is still untapped in Turkey. However, the industry has the potential to prosper with the recent positive developments enabling FinTech companies to operate in a more supportive environment. | Techstars is hiring a VP of Marketing - Apply Now!  Techstars is searching for an energetic, media-focused VP of Marketing. If you love storytelling, know the voice of the founder, are passionate about brand and love working with a large global network then this position is for you. The ideal candidate is a co-creative, visionary leader who excels at thinking big and balancing the diverse needs of the role -from meeting sales goals to positively and effectively managing people. Apply now!
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