BuyMed , a Vietnamese startup that wants to fix Southeast Asia's complex pharmaceutical distribution networks, announced today it has raised $2.5 million in pre-Series A funding. Investors include Sequoia Capital India's Surge early-stage accelerator program, and Genesia Ventures. Returning investor Cocoon Capital also participated.
Founded in 2018, BuyMed operates Thuocsi.vn, a pharmaceutical distribution platform in Vietnam. Over the past 12 months, the company says it has tripled its annual revenue, and now plans to add new product lines, including cosmetics, medical devices, supplements and medical services, with the goal of becoming a “one-stop marketplace” for supplies needed by healthcare providers in Southeast Asia.
Quite a lot has been going on:
Purse.io Returns: Company Reveals Crypto Marketplace 'Is Here to Stay' | Bitcoin News
On April 17, new.Bitcoin.com reported on the crypto marketplace Purse.io announcing the company would dissolve. Six days later, Purse revealed that the team is reconsidering the decision and explained that well known bitcoin advocates reached out with interest in acquisition.
Following the announcement, Purse.io representative Eduardo Gómez detailed on April 23, that the company was rethinking the decision to dissolve. “Since the announcement,” Gómez said. “We have received an incredible outpouring of support from the community, causing us to reconsider our decision.
What's in the new coronavirus response bill?- Marketplace
The House of Representatives is expected to pass new COVID-19 relief money that got through the Senate Tuesday. Among other things, the roughly $484 billion bill would replenish the program to help small businesses avoid laying people off, a program that has run dry.
But it'll be used up quickly, according to David Pommerehn, general counsel for the Consumer Bankers Association.
“We expect that those funds will help. We expect that they’ll get into the hands of the borrowers that need them, but they’re going to go very quickly,” Pommerehn said. “Most likely, that funding will likely be depleted within 48 to 72 hours.”
What you need to know before ordering groceries online; phone bill shock: CBC's Marketplace
Miss something this week? Don't panic. CBC's Marketplace rounds up the consumer and health news you need.
Some people say they've had to wait a week or more for their online groceries, and they're frustrated with how stores are handling the situation.
Food economist Mike von Massow says it's not surprising there have been some growing pains, but has these tips to share.
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It's no secret that many consumers are frustrated with the cost of their cellphone and internet bills.
Many things are taking place:
commercetools expands eCommerce extensions for its Integration Marketplace -
commercetools, a platform for B2C and B2B eCommerce launched its Integration Marketplace of third-party extensions and integrations for commercetools commerce platform. The platform simplifies customers discovery and access integrations to accelerate how brands and retailers connect commerce platform with other capabilities. This could range from content management to fraud prevention and digital customer experience management systems.
How has Vietnam been so successful at containing COVID-19? - Marketplace
Vietnam acted quickly when the first COVID-19 cases were reported in late January, stopping flights, eventually closing the border with China and launching a nationwide information campaign with slick video messages and posters.
It’s worth noting that Vietnam is a one-party, communist state, with an intrusive security apparatus, which is informed promptly of any possible infections, and enforces quarantine, even on entire districts, to stop them from spreading. The country also has an efficient local administration with was instrumental in helping curb the spread of COVID-19.
GESREC: A New Online Dance Content Marketplace From Mikro Entertainment Inc. • DanceLand
(Tokyo) – Mikro Entertainment Inc., a company that has received national media coverage, today announces the launch of the first-ever dance content marketplace, named “ GESREC .” It is designed to help dancers and choreographers receive fees and credits for the third-party usage of their professional artwork.
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Dancing has been gaining more attention over the past years, as video-sharing platforms have been gaining more and more global popularity. At the same time, dancers and choreographers are often not rewarded fully when their artwork goes viral.
Marketplace: Cummins recognized as Hoosier Resilience Hero
Cummins' Indiana-based Planet 2050 team has been named a Hoosier Resilience Hero by Indiana University's Environmental Resilience Institute (ERI).
In 2019, the Indiana-based company unveiled an ambitious plan called PLANET 2050 to reduce the environmental impact of its products and operations. The strategy includes aspirations to achieve carbon neutrality and near-zero pollution and waste by 2050.
Indiana-based members of Cummins' PLANET 2050 team helped develop the plan, establishing a transparent model for businesses around the world to follow. Team members include: Karen Cecil, Anna Weimer, Laurie Counsel, Laura Jones, JJ Webb, Brijesh Krishnan, Alan Resnik, Zsofia Nagy, Michael Walker, Todd Wieland, David Genter, Kevin Brittain, and Julie Wagner.
Happening on Twitter
Vietnamese online pharmaceutical marketplace BuyMed raises $2.5 million https://t.co/3rmj3A29nT by @catherineshu https://t.co/LYIv1FKDMO TechCrunch (from San Francisco, CA) Mon Apr 27 05:51:04 +0000 2020
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