Southeast Asia’s internet economy is expected to be worth $50 billion by the end of this year and will likely be worth four times more by 2025, according to a report released last week by Google and Singapore sovereign wealth fund Temasek Holdings. At 330 million, the number of monthly active internet users has risen […]
Myanmar’s Oway Group to close eight-digit funding round
August 7, 2017 by
Myanmar’s leading travel booking and ride-hailing service provider Oway Group said it is currently in discussions with potential investors to close an eight-digit funding round in October. As part of the round, IFC has made an equity investment worth US$2 million in the startup in early 2017, marking the World Bank arm’s first investment in […]
The enterprise ICT opportunity for Myanmar telcos
June 2, 2016 by
by Sam Deb. With Myanmar’s telecom penetration rate already above 75%, operators should focus on the enterprise segment for continued growth. In the first installment of this three-part report, we look at the growing size of Myanmar’s enterprise sector and the opportunity it presents for telcos Until recently, operators globally were hardly interested in the […]
Oway Launches on-demand car service
March 1, 2016 by
With just two taps on an Android or iPhones, your personal driver will be on the way. With the launch of the Oway Ride service and mobile app, every smart phone user in Yangon can order a personal car service within seconds. The free, user-friendly mobile app is available in English and Myanmar on Google […]
Myanmar Becomes Eighth Country To Get Android One
June 26, 2015 by
Android One is Google’s effort to provide customers with compelling and affordable smartphones that still offer a stock experience. The initiative debuted in India before coming to Bangladesh, Nepal, Sri Lanka, Indonesia, the Philippines, and Turkey. Today Google announced that Myanmar will be the next country to take part. CherryMobileOne Google is partnering with Cherry […]
Startups in Myanmar Land of temples and tech
March 31, 2015 by
The startup culture germinates in an unlikely place REMARKABLE views greet visitors to Phandeeyar, an open-plan office and events space which sits atop a tower block in the centre of Yangon, Myanmar’s biggest city. Its north windows frame golden pagodas and colonial mansions; to the south weather-beaten cargo ships glide up the Yangon River. The […]
Gmail now available in Burmese
March 5, 2015 by
SAN FRANCISCO: Google said Wednesday that Gmail is now available in Burmese, marking the 74th language for the popular email service. “As a country of 53 million, Myanmar’s recent opening-up has triggered an explosion of people coming online,” Google product manager Brian Kemler said in a blog post. “As recently as 2011, a mere 500,000 […]
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