Hint: Online shopping.
Latin America push
- With a wide-ranging client base comprising of Walmart, McDonald’s, Amazon, and Accenture, 500-backed TalkPush is setting its eye on South America.
- The recent securement of new funding allows the recruitment platform to drive growth in the region and introduce a new bot named Felipe.
- TalkPush leverages conversations and social media to connect companies with talent, largely through Stanley, an intuitive chatbot.
- Coupling that with big data and cloud computing, the Hong Kong-based company has helped talent acquisition teams eliminate 95% of manual tasks.
Robots for #QuarantineLife
- OhmniLabs’ robots have been tremendously popular of late; from standing in for students at graduation ceremonies to connecting the elderly with their loved ones.
- CNBC lists 500-backed OhmniLabs in an article detailing the industries that have taken center stage in the world of Covid-19.
- The robots are essentially “high-tech mobile sticks fitted with high-resolution cameras,” 500 Startups founding partner and CEO Christine Tsai tells CNBC.
- 4K wide-angle cameras, lightweight, and a lasting battery are just some of the features you can find on these future-proof robots.
Underwear, libido enhancers, and outdoor swimming pools
- Aside from a Singapore-specific study, 500-backed metasearch website iPrice also dived into the online shopping habits of Filipinos amidst the coronavirus lockdown.
- Unsurprisingly, the demand for hygiene and healthcare products jumped.
- Outdoor swimming pools were pretty popular too. It makes sense for an evening dip, the weather has been scorching lately.
- Check out the full study here.
- Malaysians, on the other hand, spent time searching for underwear, latex gloves, and frying pans. Now that’s an odd mix.
Stay tuned to tomorrow’s Daily Markup!
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500 Startups is a venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. In Southeast Asia, 500 Startups invests through the pioneering 500 Southeast Asia family of funds. The 500 Southeast Asia funds have backed over 240 companies across multiple sectors from internet to consumer to deep technology. It continues to connect founders with capital, expertise and powerful regional and global networks to help them succeed.
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