Showing posts with label internet. Show all posts
Showing posts with label internet. Show all posts

Sunday, 11 September 2011

Intel Capital invest in Dealmate.com.my


Intel Capital, the venture capital arm of Intel Corp, has invested an undisclosed amount in Dealmates, a group buying start-up base in Malaysia.
This is third Group buying site in Malaysia being injection or M&A by Foreign company in year 2011.
3 months ago, another Malaysia Group buying website Everyday.com.my has been acquired by a South Korea company Ticket Monster.co.kr. This is just a few short month after US base Groupon acquired Group More to become Groupon Malaysia. After a decade of launching Multimedia Super Corridor (MSC). Malaysia now on radar screen of M&A by technology startup MNC. Unfortunately, all focus on Group Buying company.

Groupon Malaysia CEO Joel Neoh become celebrity CEO after his company Group More acquired by Groupon.

South Korea online shopping Mall has set up http://www.gmarket.com.my/ in Malaysia despite it office is still base in Singapore. It website stated the campany partner with ebay, which has entered Malaysia market via http://www.ebay.com.my/ few  years ago. This has create some confusion among ebay seller in Malaysia.

Another online shopping Mall from Japan, Rakuten plan to enter Malaysia market by year end or beginning of next year. It is surprising that Rakuten not using it Taiwanese company to enter Malaysia market. Given the fact that the online shopping Mall highly successful in Taiwan market and a high population in Malaysia speak same language with Taiwanese. It is far more easy for Rakuten Taiwan to enter Malaysia market than direct from Rakuten Japan.

After a decade of launching Multimedia Super Corridor (MSC). Malaysia online market is growing and on radar screen of internet MNC.
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