Early-stage investment firm EME Myanmar has invested an undisclosed amount in Ezay, a Yangon-based e-commerce platform for rural retails outlets. An unnamed “influential” startup founder also co-invested. Founded in August 2019 by former Oway employee Kyaw Min Swe, Ezay provides a mobile platform that connects rural ‘mom-and-pop’ shops with wholesalers. Retailers can buy online for […]
Ex-Oway employee’s rural e-commerce startup Ezay secures investment from EME Myanmar
How Oway plans to win Myanmar as the country strives to build a digital ecosystem
With its online travel agency, ride-hailing services, and corporate fleet services, Oway is one of the leading names in local tech ecosystem Looking at the services that Oway is offering, it is hard not to compare the Myanmar-based startup with its regional competitors Grab and gojek. Starting off an as online travel agency, which was […]
Myanmar ride-hailer’s CEO looks to raise funds
Oway, Myanmar’s largest online travel and ride-hailing company, is in the market to raise capital to ramp up its expansion across the country. Founded in 2012, Oway started out as an online travel platform and entered the ride-hailing market in 2015. The company has to date raised total funds of $24.7 million from investors including […]
Daiwa invests $5m in Myanmar ride hailer Oway
Oway stake provides Japanese financial group a foothold in promising market TOKYO — Daiwa Securities Group has taken a $5 million stake in Oway, a Yangon-based online travel agency and ride-hailing service, seeking to get ahead of rivals with an early entry into the Myanmar market. Investment unit Daiwa PI Partners purchased newly issued Oway […]
Yangon Taxi: A ride of terror for single women at night
Passengers and taxi drivers have everything to gain from stricter rules. It was late at night. She argued about the taxi fare – as we all do. After the ride, the driver raised the price – as they often do. But this time things took a nasty turn. The passenger, a young girl, refused to […]
Uber vs Grab vs Hello vs Oway – Week 2
Comparative Analysis of Uber, Grab, Hello & Oway versus a Normal Taxi i.e. the traditional taxi that you can find along the street and who are not Uber, Grab, Hello or Oway driver. Our methodology is very simple. 4 of our staff go for lunch together – they each take an Uber, Grab, Hello & […]
Uber vs Grab vs Hello vs Oway – Week 1
Comparative Analysis of Uber, Grab, Hello & Oway versus a Normal Taxi i.e. the traditional taxi that you can find along the street and who are not Uber, Grab, Hello or Oway driver. Our methodology is very simple. 4 of our staff go for lunch together – they each take an Uber, Grab, Hello & […]
Black Friday : e-commerce sales taking off in Myanmar
Shop.com.mm, Myanmar’s largest e-commerce platform, are providing access to substantial discounts and unmatched variety for their Black Friday Sale, November 25th-27th. Black Friday Sales traditionally take place on the Friday after Thanksgiving (late November) in North America and have come to be one of the largest shopping days of the year. It was not uncommon […]