{"id":332,"date":"2020-05-12T00:00:00","date_gmt":"2020-05-12T00:00:00","guid":{"rendered":"https:\/\/markupbackup.wordpress.com\/2021\/07\/21\/durians-daily-29-carousell-continues-to-help-smes-in-southeast-asia\/"},"modified":"2021-07-23T07:38:34","modified_gmt":"2021-07-23T07:38:34","slug":"durians-daily-29-carousell-continues-to-help-smes-in-southeast-asia","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=332","title":{"rendered":"Daily Markup #29: Carousell continues to help SMEs in Southeast Asia."},"content":{"rendered":"<p>In other news, robot dogs in Singapore.<\/p>\n<figure><img decoding=\"async\" data-width=\"493\" data-height=\"533\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/1SWdKPTiAZG6XWQPL4t5-Yg.png\"><\/figure>\n<p><strong>#TetapBuka<\/strong><\/p>\n<ul>\n<li>500-backed Carousell\u2019s umbrella of Covid-19-targeted initiatives continues to expand.<\/li>\n<li>The Malaysia Digital Economy Corporation (MDEC) and the classifieds marketplace have <a href=\"https:\/\/www.theedgemarkets.com\/article\/mdec-carousell-launch-rm1m-initiative-assist-retailers-and-smes\" target=\"_blank\" rel=\"noopener\">linked up to launch<\/a> the #TetapBuka Carousell Business Grants initiative worth RM1 million (~$230,000) for local SMEs affected by the pandemic and the Movement Control Order (MCO), subsequently amended to the Conditional Movement Control Order (CMCO).<\/li>\n<\/ul>\n<figure class=\"wp-caption\"><img decoding=\"async\" data-width=\"4600\" data-height=\"3100\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/1KiEG_IQ0004LNoXJqIRhXA.jpg\"><figcaption class=\"wp-caption-text\">Credit: MyCebu.ph<\/figcaption><\/figure>\n<ul>\n<li>Carousell Malaysia\u2019s country head Tang Siew Wai hopes the grants will especially help businesses under the non-essential sectors through strategic support including priority placement on Carousell\u2019s website and app for enhanced visibility.<\/li>\n<\/ul>\n<figure class=\"wp-caption\"><img decoding=\"async\" data-width=\"1600\" data-height=\"651\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7d97cbd57e.png\"><figcaption class=\"wp-caption-text\">Credit: Carousell<\/figcaption><\/figure>\n<ul>\n<li>The grants cover these items: Free access to CarouBiz lite package (worth RM500) with 5,000 coins that can be used to give listings more visibility safe &amp; secure digital payment via Carousell Protection (zero fee for Sellers), opportunity for their business to be advertised in the main page of Carousell app &amp; website.<\/li>\n<li>Open to all local retailers and SMEs registered with the Companies Commission of Malaysia (Suruhanjaya Syarikat Malaysia; SSM) who are not presently advertising on Carousell, you can find more details <a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSd5tog5NuiCPswbHLVcgE1AStZ47JmJQS8YPDM9BwHo5CiPtw\/viewform\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<\/ul>\n<p><strong>ESPL collaborates with leading Malaysian telco<\/strong><\/p>\n<ul>\n<li>Hot off the heels of announcing its Latin America expansion, 500-backed Esports Players League (ESPL) has <a href=\"https:\/\/espl.co\/leading-malaysian-telco-digi-collaborates-with-espl-to-organize-stay-at-home-esports-tournaments\/\" target=\"_blank\" rel=\"noopener\">secured<\/a> yet a fresh partnership with Digi, a leading telecommunications group in Malaysia, which is also a subsidiary of Telenor.<\/li>\n<li>ESPL and Digi organized their first esports tournament together, called the ESPL-Digi #StayAtHome Cup. The tournament ran over 3 days from 8 May 2020 to 10 May 2020.<\/li>\n<li>Participating gamers registered on Republic.gg, an online gaming reload platform powered by Digi.<\/li>\n<\/ul>\n<figure class=\"wp-caption\"><img decoding=\"async\" data-width=\"1080\" data-height=\"434\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7d97d3138a.jpg\"><figcaption class=\"wp-caption-text\">Credit: ESPL<\/figcaption><\/figure>\n<ul>\n<li>Competing on the popular first-person title <em>Call of Duty Mobile<\/em>, an RM8,500 (~$1,955) prize pool was up for grabs.<\/li>\n<li>Moving forward, Digi will introduce ESPL\u2019s unique, mobile and online-focused tournaments in Malaysia. In turn, ESPL will support Digi\u2019s efforts by delivering the complete tech and esports solutions for competitive gaming tournaments.<\/li>\n<\/ul>\n<p><strong>Helping the unbanked migrants<\/strong><\/p>\n<ul>\n<li>Mehedi Hasan, founder and CEO of 500-backed MyCash came to Malaysia at the age of 17. He studied, got a job before venturing to start the e-commerce company that has since processed more than 2.5 million transactions worth around $80 million, serving 200,000 migrants in Malaysia, Singapore, and Australia.<\/li>\n<\/ul>\n<figure class=\"wp-caption\"><img decoding=\"async\" data-width=\"1000\" data-height=\"669\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7d97d7c583.jpg\"><figcaption class=\"wp-caption-text\">Mehedi Hasan \/ Credit: Future\u00a0Startup<\/figcaption><\/figure>\n<ul>\n<li>In his interview with IMTC, Mehedi weighs in on how the Covid-19 pandemic is affecting MyCash, the consumer trends that have emerged during this time, and how the company remains profitable.<\/li>\n<li>Read the full interview <a href=\"https:\/\/imtconferences.com\/interview-with-ceo-of-my-cash-online-unbanked-get-creative-with-digital-solutions-during-covid-19-lockdowns\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/li>\n<\/ul>\n<p><strong>Robot doggo<\/strong><\/p>\n<ul>\n<li>A robot dog engineered by Boston Dynamics has been deployed to patrol the parks in Singapore and to encourage residents to social distance amid the Covid-19 outbreak.<\/li>\n<li>The remote-controlled, four-legged robot named Spot had its first go-around on Friday, walking around the city-state\u2019s Bishan-Ang Mo Kio Park while politely reminding residents to stay at least 1 meter apart from one another.<\/li>\n<\/ul>\n<figure class=\"wp-caption\"><img decoding=\"async\" data-width=\"1280\" data-height=\"854\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7d97e223d1.jpg\"><figcaption class=\"wp-caption-text\">Credit: The Straits\u00a0Times<\/figcaption><\/figure>\n<ul>\n<li>In footage shared by <a href=\"https:\/\/www.straitstimes.com\/singapore\/robot-reminds-visitors-about-safe-distancing-measures-in-bishan-ang-mo-kio-park\" target=\"_blank\" rel=\"noopener\">The Straits Times<\/a>, the yellow \u201cdog\u201d trots around the park broadcasting pre-recorded messages reminding park-goers to observe social distancing guidelines.<\/li>\n<li>It\u2019s also equipped with cameras to help it estimate the number of visitors in the parks.<\/li>\n<li>Don\u2019t play fetch with Spot, though.<\/li>\n<\/ul>\n<hr>\n<p><strong>Stay tuned to tomorrow\u2019s Daily Markup!<\/strong><\/p>\n<p><strong>Missed out on the last Durian Daily? Go <\/strong><a href=\"https:\/\/dailymarkup.com\/\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a><strong> for a full recap.<\/strong><\/p>\n<p><strong>You can also find us on <\/strong><a href=\"https:\/\/www.linkedin.com\/company\/500-durians\/\" target=\"_blank\" rel=\"noopener\"><strong>LinkedIn<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/www.facebook.com\/500durians\/\" target=\"_blank\" rel=\"noopener\"><strong>Facebook<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/twitter.com\/500Startups_SEA\" target=\"_blank\" rel=\"noopener\"><strong>Twitter<\/strong><\/a><strong>, and <\/strong><a href=\"https:\/\/www.instagram.com\/500durians\/?hl=en\" target=\"_blank\" rel=\"noopener\"><strong>Instagram<\/strong><\/a><strong>.<\/strong><\/p>\n<figure><img decoding=\"async\" data-width=\"400\" data-height=\"400\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/img_60f7d97e66803.jpg\"><\/figure>\n<p>500 Startups is a venture capital firm on a mission to discover and back the world\u2019s 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.<\/p>\n<hr>\n<p><em>This post is intended solely for general informational or educational purposes only. 500 Startups Management Company, L.L.C. and its affiliates (collectively \u201c500 Startups\u201d) makes no representation as to the accuracy or information in this post and while reasonable steps have been taken to ensure that the information herein is accurate and up-to-date, no liability can be accepted for any error or omissions. All third party links in this post have not been independently verified by 500 Startups and the inclusion of such links should not be interpreted as an endorsement or confirmation of the content within. Under no circumstances should any content in this post be construed as investment, legal, tax or accounting advice by 500 Startups, or an offer to sell or solicitation of interest to purchase any securities advised by 500 Startups. Prospective investors considering an investment into any 500 Startups fund should not consider or construe this content as fund marketing material. The views expressed herein are as at the date of this post and are subject to change without notice. A 500 Startups fund may have a financial interest in one or more of the companies discussed.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In other news, robot dogs in Singapore. #TetapBuka 500-backed Carousell\u2019s umbrella of Covid-19-targeted initiatives continues to expand. The Malaysia Digital Economy Corporation (MDEC) and the classifieds marketplace have linked up to launch the #TetapBuka Carousell Business Grants initiative worth RM1 million (~$230,000) for local SMEs affected by the pandemic and the Movement Control Order (MCO), [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[45,344,426],"class_list":["post-332","post","type-post","status-publish","format-standard","hentry","category-daily","tag-carousell","tag-espl","tag-mycash"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #29: Carousell continues to help SMEs in Southeast Asia. - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=332\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #29: Carousell continues to help SMEs in Southeast Asia. - Markup\" \/>\n<meta property=\"og:description\" content=\"In other news, robot dogs in Singapore. #TetapBuka 500-backed Carousell\u2019s umbrella of Covid-19-targeted initiatives continues to expand. The Malaysia Digital Economy Corporation (MDEC) and the classifieds marketplace have linked up to launch the #TetapBuka Carousell Business Grants initiative worth RM1 million (~$230,000) for local SMEs affected by the pandemic and the Movement Control Order (MCO), [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailymarkup.com\/?p=332\" \/>\n<meta property=\"og:site_name\" content=\"Markup\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/500southeastasia\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-12T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-23T07:38:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/1SWdKPTiAZG6XWQPL4t5-Yg.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Felicia Chia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailymarkup.com\/#website\",\"url\":\"https:\/\/dailymarkup.com\/\",\"name\":\"Markup\",\"description\":\"Serving bite-sized news on 500 Southeast Asia&#039;s portfolio companies and insights to fuel your momentum in life and business.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailymarkup.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/?p=332#primaryimage\",\"url\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/1SWdKPTiAZG6XWQPL4t5-Yg.png\",\"contentUrl\":\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2021\/07\/1SWdKPTiAZG6XWQPL4t5-Yg.png\",\"width\":493,\"height\":533},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailymarkup.com\/?p=332#webpage\",\"url\":\"https:\/\/dailymarkup.com\/?p=332\",\"name\":\"Daily Markup #29: Carousell continues to help SMEs in Southeast Asia. - Markup\",\"isPartOf\":{\"@id\":\"https:\/\/dailymarkup.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=332#primaryimage\"},\"datePublished\":\"2020-05-12T00:00:00+00:00\",\"dateModified\":\"2021-07-23T07:38:34+00:00\",\"author\":{\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/9500d05faff850f12de850d9051b7b67\"},\"breadcrumb\":{\"@id\":\"https:\/\/dailymarkup.com\/?p=332#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dailymarkup.com\/?p=332\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dailymarkup.com\/?p=332#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/dailymarkup.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Markup #29: Carousell continues to help SMEs in Southeast Asia.\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/9500d05faff850f12de850d9051b7b67\",\"name\":\"Felicia Chia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/dailymarkup.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b574d076fbdac43064ec75a7d589d309319c819283cc558025e0ef88192ee849?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b574d076fbdac43064ec75a7d589d309319c819283cc558025e0ef88192ee849?s=96&d=mm&r=g\",\"caption\":\"Felicia Chia\"},\"url\":\"https:\/\/dailymarkup.com\/?author=7\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Markup #29: Carousell continues to help SMEs in Southeast Asia. - Markup","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/dailymarkup.com\/?p=332","og_locale":"en_US","og_type":"article","og_title":"Daily Markup #29: Carousell continues to help SMEs in Southeast Asia. - Markup","og_description":"In other news, robot dogs in Singapore. #TetapBuka 500-backed Carousell\u2019s umbrella of Covid-19-targeted initiatives continues to expand. 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