Digital News Asia (DNA) continues a weekly series that profiles the top 50 influencers, movers and shakers who are helping shape Malaysia’s Digital Economy. These articles are from Digerati50, a special print publication released in January 2014. For information on customised reprints of Digerati50, email [email protected].
Dealmates announced it has acquired I Love Discounts, a move that sees Dealmates, which claims to be Malaysia’s No 1 flash sales site, boost its current 500,000 members by an additional 250,000.
Our Gabey Goh argues that it’s time for Malaysians to support local start-ups, or we might just lag on innovation.
WeBUY moves to become an integrated marketing services provider for merchants and F&B outlets. Speaking to DNA, its CEO C.K. Lim says the change benefits both merchants and his business, and claims profits have gone up by 50%.
Flash sales website Dealmates has launched its healthcare section, Dealmates Healthcare, in collaboration with Pantai Premier Pathology.
While speed to market is still considered a huge advantage in the online world, there are occasions when being late to the game can mean that you also see some warning signs early on while your competitors chase the prized market leadership position -- which is what has happened to Dealmates, according to its CEO Erman Akinci.
Chip giant Intel established its global investment and M&A organization Intel Capital in 1991. Its South-East Asian arm was established in 1999 and has since invested US$95 million in technology companies in the region – and not necessarily startups alone.