Our study of the Myanmar industry shows that Myanmar businesses are still lagging behind in the use of Internet technology. We studied 72 audit/accounting firms and 44 law firms in Yangon and were flabbergasted to find that 93% and 68% respectively do not have websites and 70% of them are still using Gmail. Our study […]
The company behind a popular Myanmar chat application won’t wait on Yangon to launch a stock exchange to debut on the public market. MySQUAR – the Singapore-based firm behind localised chat application MyChat – has turned to the London Stock Exchange’s Alternative Investment Market (AIM) for its float, slated for later in 2015. The mobile […]
Instant messaging service Line aims to give Viber a run for its money after launching in Myanmar on March 24. The service is available on iOS and Android, and aims to woo users partly through its in-app innovations such as group chat and a range of emojis, or small graphics that can be interspersed in […]
Convenience and modernisation are major factors for Thai companies keen to attract Burma consumers, says market research and consulting firm Envirosell Thailand. Partnering with Index Creative Village Plc, New York-based Envirosell conducted consumer research in Burma and other Asean members. Managing director Sarinporn Jiwanun said people in Burma are shifting to modern lifestyles driven by […]
Viber focuses on Myanmar market where its user base has grown exponentially in 3 years to 5 million.
I attended the media event held by Viber in Yangon this afternoon. Viber is the mobile messaging company that was bought over by Japanese e-commerce giant Rakuten for US$900 million early this year. The team led by Miss Crystal Lee – Viber Country Manager for Philippines showed impressive Myanmar market share figure from OnDevice’s research […]
President Thein Sein has set as a target to grow mobile penetration from the current single digit penetration to 80% in 3 years. What does that mean in terms of the number of mobile phone that need to be sold per year to hit the 80% target? What is the impact of the entrance of […]