#get a new one from mercadolibre.. | Explore Tumblr posts and blogs

sheila--e · 5 months ago

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back at my shameful roots. using the Crunchyroll app -_-;;

#fugo.txt #i know its gonna glitch out so baddd. sigh #My netflix subscription expired and my phone isnt apt for piracy rn.. i need to either fix it or #get a new one from mercadolibre..#i miss my old oneeeeee. sigh

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sounmashnews · 2 years ago

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[ad_1] Latin America (LATAM), after years of lagging behind different areas of the world in each know-how and enterprise, is exhibiting themselves to be the underdog to observe within the worldwide enterprise enviornment. So a lot in order that Sundar Pichai, CEO of Google and Alphabet, lately announced a five-year, $1.2 billion dedication to LATAM centered on the 4 areas of digital infrastructure, digital expertise, entrepreneurship, and inclusive and sustainable communities. Outside of those tech giants, there was a big uptick of buyers keen to put their bets on the area as properly, with LATAM the fastest-growing region in the world in phrases of enterprise funding. Last yr alone, VC buyers spent $19.5 billion on startups, thrice greater than in 2020. From a startup praised by Barack Obama to Venezuela’s largest funding spherical ever, LATAM startups have the expertise, and now, the capital, to alter the face of the continent. Latin America Reports compiled a listing of promising firms that aren't solely fixing issues going through giant numbers of the inhabitants, but additionally are contributing to the area’s financial and social development. Here are 20 Latin American startups to control in 2022. Cargamos Team of Cargamos. Image courtesy of LinkedIn. Cargamos is a Mexican firm that gives logistics options for on-line companies in over 75 cities by combining know-how and concrete infrastructure. It was based in 2019 by Ivan Ariza, an entrepreneur decided to deliver e-commerce to customers in LATAM who had beforehand been unable to make use of it. Its worth proposition is cheaper, greener, and sooner deliveries. They accomplish this by repurposing empty areas that may be transformed into city distribution facilities, permitting them to gather, course of, and ship packages in underneath three hours. Cargamos works with firms like Walmart, Price Shoes, Mercadolibre, Flexi, and Liverpool, amongst others. As a consequence, these companies can now be nearer to their Latin American prospects. Sooper Sooper is a B2B development market primarily based in Brazil that connects retailers, suppliers, distributors, and producers on a single platform. Rafaela Khouri based it in 2021 as a one-stop on-line marketplace for constructing supplies. Although Brazil has one of many largest development industries, it's also one of many least digitized, making it inefficient when a buyer desires a product unavailable of their native shops. Sooper has raised $5.7 million in seed funding and plans to make use of the funds to make it simpler for folks to renovate or construct their houses. Customers can obtain the specified product the subsequent day of the order by being related to suppliers and over 15,000 catalog gadgets. Reworth Emerging companies could discover it troublesome to distinguish themselves in a crowded market. That is why offering incentives that appeal to new prospects and construct loyalty amongst present ones is essential. Keeping this in thoughts, Joaquin González, Chiara Sheldon, John Falcón, and Raphael Kappele based the Mexican startup Reworth in 2020. Reworth is a platform that makes use of cashback reward programs to empower companies by redefining their relationship with prospects. It additionally makes use of machine studying to search out the best purchaser primarily based on the services or products supplied. Customers profit from cashback, and companies profit from elevated publicity, larger conversion, and shopper information. It doesn't cost distributors any fee as a result of the cashback will get deducted from the established funds. Actipulse Neuroscience Adrien Chatillon, co-founder, and CEO of Actipulse Neuroscience. Image courtesy of LinkedIn. Actipulse Neuroscience is a neuro-tech firm primarily based in Mexico and Boston, US, that makes a speciality of non-invasive mind stimulation know-how using high-frequency magnetic

pulses that focus on a number of well-known, however uncared for pathogenic mechanisms in neurodegenerative problems. This know-how is utilized in hospitals to deal with despair dysfunction, tobacco dependancy, and Alzheimer’s illness. It isn’t nevertheless prevalent in at residence care. Actipulse, alternatively, desires to make this therapy potential from the consolation of 1’s own residence. The firm is targeted on main world class analysis with a specific emphasis on respecting the very best scientific and moral requirements. Adrien Chatillon, co-founder, and CEO of Actipulse Neuroscience says his purpose is to democratize entry to higher and extra inexpensive psychological well being remedy. Adrien started this mission in 2007 after launching two different companies in his native France and shifted the main target to treating sufferers in LATAM. Kavak.com An individual who desires to purchase a used automobile in LATAM could come throughout varied scams. That is why Kavak.com gives cheap costs, a guaranty, and a variety of choices for anybody seeking to purchase a automobile in Mexico, Argentina, or Brazil. With a valuation of $8.7 billion, this Mexican unicorn is the second largest startup in LATAM and one of many fastest-growing know-how firms. Carlos Garcia, the corporate’s CEO, had a difficult expertise promoting his automobile and shopping for a used one in Mexico, so he determined to begin Kavak.com with the assistance of his sister Loreanne Garcia and Roger Laughlin. One of the explanations for his or her success is that they began a enterprise in a digital atmosphere used to conventional methods of shopping for vehicles. Morado Morado goals to remodel the sweetness trade by addressing a particular concern: offering a supply service for magnificence merchandise to companies and hairdressers in distant areas of LATAM nations. Morado operates by way of warehouses in Colombia, – and shortly Mexico – from which purchasers can order and obtain same-day or next-day supply wherever within the nation. With simply over 100 days in operation, Angela Maria Acosta began this mission after working at Rappi from the early days. Morado has lately raised $5 million in a pre-seed spherical from a gaggle of world buyers. Filadd Filadd is an internet platform and cellular app that helps pre-university and college college students enhance their training by offering digital programs with specialised lecturers in a wide range of educational topics. They present full on-line entry to review materials, summaries, notes, feedback, and mannequin exams that assist younger folks within the area study and put together for admission exams to larger training. This mission was based in 2017 by Argentinians Joaquin Olmedo, Nicolás Ferrer, Agustin Trombotto, and Guillermo Bruchmann and now has over a million customers in Argentina, Chile, Colombia, and Brazil. It can also be part of the startup accelerator Y Combinator. Kiwibot Kiwibot is an organization that's bringing the way forward for meals supply to life by utilizing a pleasant semi-autonomous robotic. Felipe Chávez and Sergio Pachón are the founders of this Colombian startup, which has remodeled 150,000 deliveries since its begin in 2017 and plans to shut in 2022 with over 1,200 robots constructed. Often it's not value delivering a small product – comparable to a burrito, in a automobile. Kiwibot’s deliveries bear zero carbon emissions, decreasing CO2 footprint, making this service as clear and sustainable as potential. These robots are at present on the streets of Colombia, the United States, Dubai, Peru, and Taiwan, amongst different locations. It is constant its conquest to innovate within the international last-mile supply market. Kushki Kishki’s core workforce. Image courtesy of Startupslatam. Kushki is a platform that optimizes on-line transactions and accepts a number of cost strategies throughout LATAM nations.

It can also be the one unicorn in Ecuador and the latest within the area, having raised a complete of $194 million in a Series B funding extension. Daniela Espinosa, Aron Schwarzkopf, Madeleine Clavijo Verjel, Sebastian Castro, and Jose Santacruz based this firm in 2017. Its primary purpose is to supply a service that enables digital funds in LATAM, the place money remains to be extensively used and most of the people are unbanked. The funds raised will modernize the platform’s monetary infrastructure, facilitating cross-border transactions and permitting extra customers to make on-line funds. This digital transformation is crucial for the financial development of Latin American nations. QuitoAndar QuintoAndar, which interprets from Portuguese as “fifth floor,” is a Brazilian unicorn based in 2012 by Gabriel Braga and Andre Penha that simplifies the whole course of for these seeking to lease, promote, or purchase a house in Brazil. The tenant finds a safe course of by acquiring clear details about the prices and deadlines that should be met, in addition to an actual property agent who will accompany them all through the search. The landlord is aware of extra concerning the individuals who will lease the property, whereas QuintoAndar ensures well timed lease cost. This firm introduced the acquisition of Navent Group’s actual property department, which operates in Mexico, Brazil, Argentina, Ecuador, Panama, and Peru. As a consequence, it would start working in Mexico within the coming months underneath the startup Benvi. It is their first incursion outdoors of Brazil. Source Meridian Michael Hoey, founder and CEO of Source Meridian. Image courtesy of LinkedIn. Source Meridian is a software program improvement firm based by Michael Hoey targeted on healthcare and life sciences applied sciences to develop revolutionary options that assist prospects scale their companies.The firm has three workplaces in Colombia and two within the United States. Their software program engineers and information scientists use large information know-how to research present content material fashions and enterprise processes to create new merchandise and extra income streams for his or her prospects. They have a customer-focused strategy, founder and CEO Michael Hoey even says: “Take care of your customers, take care of your people, and the rest will take care of itself.” At Source Meridian, they need to preserve their prospects on the forefront of the trade utilizing tomorrow’s know-how. Dinie Suzy Ferreira, co-Founder & CEO of Dinie. Image courtesy of LinkedIn. Dinie is a lending infrastructure embedded in digital platforms that supply monetary options to small companies in Brazil. Suzy Ferreira and Andrea Burattini based the corporate in 2019 to extend entry to monetary providers and financial inclusion for the nation’s small entrepreneurs. This fintech has raised $23 million in funding from worldwide and home buyers up to now. It strives to facilitate entry to revolutionary capital options and assure credit score cost strategies. Payment flexibility is essential to the expansion of small companies, significantly within the aftermath of the pandemic, because it permits them to finance their companies effectively and transparently, paying just for what they use. In addition to being a founder, Suzy can also be an investor in lots of startup firms together with ed-tech The Profs in addition to Black and White Capital, a enterprise constructing and administration consultancy primarily based in London. Octobot Following the pandemic, know-how and internet improvement firms have seen exponential development. What’s extra, digitization has turn out to be a key differentiator for small companies. Octobot’s mission is to remodel folks’s digital experiences by offering person expertise design, software program improvement, scalable know-how, and steerage to all ventures in search of to stay related on this period.

This Uruguayan startup was based in 2012 by Luciano Ferrari, Juan Saavedra, and Guillermo Perez and now serves a wide range of industries, together with healthcare, retail, authorities, and fintech. The firm has already labored on 150+ initiatives for entities throughout the board—from startups, governments, nonprofits, to established firms. Laboratoria When Peruvian Mariana Costa based Laboratoria in 2014, she had no concept it might change the lives of 1000's of Latin American ladies. Laboratoria is a startup that gives free on-line boot camps to ladies all for studying Web Development and UX Design. The group empowers ladies who haven't but begun an expert life, teaches all of them the abilities required for the trendy office, and connects them with high quality firms after finishing their research. As a consequence, greater than 83% of its graduates discover jobs in know-how in lower than six months. The startup has seen nice success, with at the moment’s leaders, together with Barack Obama and Mark Zuckerberg, praising Mariana Costa and her efforts. She has lately been named one of many 100 Global Tech Changemakers in recognition of her social affect on ladies of various backgrounds. Polymath Ventures Wenyi Cai, Founder & CEO of Polymath Ventures. Image courtesy of LinkedIn. LATAM’s development might be largely attributed to digital transformation and ripe employment, and social alternatives. When the talent-capital hole is bridged, significantly within the center class, digital initiatives that present options to native issues can begin transferring ahead, producing social and financial momentum. Polymath is the regional pioneer of the Venture Studio mannequin, betting on scaling revolutionary concepts that search to unravel issues within the Latin American center class. Tini Salud is among the success tales. This on-line platform goals to unravel issues in Mexico’s private and non-private well being sectors by offering high-quality medical take care of middle-class sufferers and permitting prospects to entry surgical procedures. Tini lately acquired $700,000 in a pre-seed funding spherical led by Polymath. Wenyi Cai and Carlos Fernandez based this firm in 2011. It now has workplaces in Mexico and China and headquarters in Colombia. Pandas Marcos Esterli and Rio Xin based Pandas to attach LATAM retailers with producers of high-quality Asian merchandise. Their B2B platform permits small know-how retailers to succeed in digital development whereas optimizing their provide chain. Pandas started operations with a pre-seed funding spherical of $6.3 million, the very best within the area’s historical past on this class. The enterprise alternative could possibly be enormous as they take care of a target market working informally and inefficiently in Latin American neighborhoods. Prometeo Ximena Aleman, Co-founder & CO-CEO of Prometeo. Image courtesy of LinkedIn. Ximena Aleman seen that information was nonetheless the only real property of monetary establishments, so collectively together with her companions, Rodrigo Tumaián and Eduardo Veiga, they set out a mission to democratize information so it could possibly be securely shared. With this in thoughts, the startup Prometeo was based in 2018 and is now the most important Open Banking platform in LATAM. Prometeo is the most important Open Banking platform in all of Latin America. The firm has over 108 API connections and may entry banking information from 36 monetary establishments in 10 nations by way of a single entry level. Prometeo is nice for credit score checks, centralized invoice funds, e-wallets, and cost monitoring. The startup can facilitate fintech to scale as a result of, by having their customers’ banking info, they'll create digital and customised processes primarily based on correct info. Sajú Sajú is a retail firm that creates colourful, one-of-a-kind, and sustainable “accessories for accessories.

” Santiago Puentes, Juan Manuel Agudelo, and Juan Pablo Pradilla based the model in Colombia in 2016. They started promoting colourful sunglass straps, an idea that they had seen in Europe however not Colombia. They now have over 100 references, two shops of their very own, greater than 70 shops that distribute nationally, and 30 that distribute internationally. However, they needed to create one thing distinctive, in order that they launched the Sajú Experience, the world’s first retailer the place prospects can usher in plastic waste or take the shop’s personal particles and get 100% recycled glasses in simply 20 minutes. Along with this launch, they launched a group of fifty non-fungible tokens (NFTs) primarily based on the design of their new retailer, which offered out in three hours and raised $2,500, so they don't rule out the potential of it changing into a supply of funding sooner or later. Habi Habi grew to become Colombia’s second unicorn in May 2022, due to a $200 million Series C investment round. This actual property know-how startup permits consumers to promote their houses on-line and obtain a cost inside 10 days. Customers may also get an estimate of their property’s worth and help acquiring mortgage loans. It was based in 2019 by Brynne McNulty and Sebastian Noguera in response to the lengthy and sophisticated course of of shopping for and promoting houses in Latin America, which may take as much as a yr and a half. Habi advances an expertise that mixes technological innovation with the help of trade specialists to make sure that the processes are dealt with in a clear, safe, and seamless means. Chiper Carolina García, Co-founder & Chief Revenue Officer of Chiper. Image courtesy of LinkedIn. Chiper is a B2B e-commerce platform for the LATAM retail market. Carolina García, José Jair Bonilla, and Óscar Sarria Guerrero based it in 2018 to produce merchandise at the perfect costs to Latin America’s roughly 3.7 million neighborhood stores. Surprisingly, this market’s enterprise has not modified a lot within the final century. However, digital transformation can guarantee development and demand within the Latino trade. Neighborhood operators work with a wide range of suppliers to produce their shops, and so they could even journey quick distances to acquire merchandise. Chiper goals to simplify the provision chain by providing over 3,000 best-selling manufacturers on the best market costs, with next-day supply. Honorable Mention: Yummy Vicente Zavarce, founder & CEO of Yummy. Image courtesy of Forbes Colombia. Yummy is a meals supply platform that debuted in 2020. Since then it has developed right into a super-app containing a variety of providers, together with the power to buy in eating places, pharmacies, supermarkets, transportation providers, vogue, electronics, and extra. Vicente Zavarce, a Venezuelan who labored as a director of person acquisition for American firms comparable to Postmates and Getaround, states that he needed to create a brilliant app for Venezuela as a result of supply providers comparable to Uber and Rappi didn't exist within the nation. However, he was instructed it might be not possible as a result of no firm or buyers could be keen to work in such troublesome territory. Nevertheless, he has confirmed them unsuitable, as Yummy acquired $18 million in funding final October, probably the most vital funding spherical ever for a Venezuelan startup. They had been solely lately surpassed by themselves with a brand new funding spherical of $47 million to proceed increasing their “Dark stores” all through LATAM. Latin America is clearly within the midst of a paradigm shift, with revolutionary startups disrupting all the things from e-commerce to healthcare—serving to to positively affect each the area’s financial and social sectors. With a vibrant future for the area beginning to construct itself by way of these revolutionary

firms, there may be positive to be many new promising initiatives launched within the years to return. Disclosure: This article mentions purchasers of an Espacio portfolio firm. [ad_2] Source link

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seedfinance · 3 years ago

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Forget Dogecoin — This Cryptocurrency Stock Is a Better Buy

Despite the maddening enthusiasm Dogecoin (CRYPTO: DOGE) has not yet reached the price target of $ 1 set by the Reddit community. It got close in early May when it peaked at over $ 0.70 per token, but the tide has apparently turned and the meme currency has since lost 60% of its value.

That sounds out of context, but Dogecoin is still up over 5,000% since the start of the year. And given those gains, crypto enthusiasts might be tempted to buy the recent slump, but I think that would be a mistake. Instead, investors should consider Free market (NASDAQ: MELI) – here’s why.

Dogecoin

Doge supporters often cite the meme coin’s popularity as the main tenant of their investment thesis. The argument goes something like this: the more people become aware of Dogecoin, the more merchants will accept it as payment, causing more consumers to buy it, which drives up the price.

Image source: Getty Images

Indeed, after its incredible run this year, Dogecoin is a recognizable name for many investors. In fact, it was surpassed in early 2021 Bitcoin to become the most tweeted about cryptocurrencies of all time.

But there is one problem, and it breaks the investment thesis: Dogecoin is too volatile to be a useful currency. If the US dollar were to lose 70% of its value in just over a month, consumers would lose all confidence in the currency and the economy as we know it would likely collapse.

However, this point is almost irrelevant as Doge investors are not treating the token as currency. Instead, many consider it a significant asset, which means they buy Dogecoin in the hopes that it will appreciate in value. But that poses another problem: Dogecoin was not designed to build wealth.

As with most currencies, the provision of Dogecoin is not fixed – every time a block is added to the blockchain, 10,000 new tokens are minted, which happens roughly every 60 seconds. That means 5.3 billion new tokens are created every year. In other words, the supply of Dogecoin will increase by 4% over the next 12 months. It’s not an outrageous rate of inflation, but it’s inflation nonetheless.

Here’s the big picture: This meme currency lacks a solid investment thesis. Dogecoin’s meteoric surge in value was driven by the hype alone, and the problem with the hype is that it is eventually fading.

Image source: Getty Images

Free market

MercadoLibre is the leading e-commerce marketplace in Latin America and its fintech platform Mercado Pago is the leading digital payment service in the region. To complement this ecosystem, the company also offers logistics, financing, advertising and other software solutions.

In 2015, MercadoLibre integrated cryptocurrency into its platform and now supports Bitcoin payments in three major regions: Mexico, Brazil and Argentina. Likewise, a partnership with BitPay enables Mercado Pago wallets to be funded with Bitcoin, which enables consumers to make Bitcoin-based purchases wherever the digital wallet is accepted.

In 2021, MercadoLibre doubled the cryptocurrency and bought $ 7.8 million Bitcoin as part of its treasury strategy. And while that initial investment is small compared to the $ 1.8 billion in cash and short-term investments on its balance sheet, CFO Pedro Arnt said it should help MercadoLibre.[move] the learning curve for understanding crypto is increasing. “

Since the introduction of Bitcoin support in 2015, MercadoLibre has grown at a rapid pace. Of course, the increasing popularity of online shopping and digital payments were major growth drivers, but the company’s adoption of cryptocurrency certainly played a role.

Metric

2015

Q1 2021 (TTM)

CAGR

revenue

$ 651.8 million

$ 4.7 billion

46%

Free cash flow

$ 157.1 million

$ 682.9 million

32%

Data source: MercadoLibre SEC filings. TTM = follow-up 12 months. CAGR = average annual growth rate.

Here’s the big picture: by allowing consumers to use Bitcoin for marketplace payments and digital wallet top-ups, MercadoLibre is well positioned to bring crypto enthusiasts to its platform. This should translate into higher purchase and payment volume over time and help the company grow their sales.

But even if Bitcoin completely disappears, MercadoLibre would still have a thriving business. Its marketplace and fintech platform would still benefit from big long-term trends, and both would continue to generate money. In other words, MercadoLibre’s success can be enhanced by cryptocurrency, but it doesn’t depend on it. That’s why this stock is a better buy than Dogecoin.

This article represents the opinion of the author who may disagree with the “official” referral position of a premium advisory service from the Motley Fool. We are colorful! Questioning an investment thesis – even one of our own – helps us all think critically about investing and make decisions that will help us get smarter, happier, and richer.

source https://seedfinance.net/2021/06/25/forget-dogecoin-this-cryptocurrency-stock-is-a-better-buy/

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ericfruits · 5 years ago

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Baby Amazons take on their American role model

DELIGHT OGUALU’S hair is straight, black and gloriously glossy. She made it herself. Mrs Ogualu and her husband run a business selling wigs, which are fashionable in Nigeria. At first buyers came to their small Lagos shop in person. Then they started selling their goods on Jumia, an e-commerce site, to customers across the country. Today about 60% of the Ogualus’ sales are made online.

Around the emerging world, businesses like the Ogualus’ are finding a route to market through the internet. Global e-commerce has been growing for more than a decade. But companies like Jumia are having a moment. Investors are piling in again, spying opportunities to lock in newly connected consumers.

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Jumia floated on the New York Stock Exchange in April. MercadoLibre, Latin America’s dominant marketplace from Argentina, which listed in New York 12 years ago, has seen its share price more than double since the start of 2019; PayPal has just invested $750m in the company. Shares in Sea, an online conglomerate which listed in New York in 2017, have tripled in value this year. In March it raised $1.5bn to fund the growth of its e-commerce arm, Shopee. Last year Walmart paid $16bn for control of Flipkart, an Indian firm. Money is pouring into Russian e-commerce, where a “sprint” is on for control of the $18bn market, says Fedor Virin of Data Insight, a research firm. Last year Alibaba, China’s online titan, teamed up with Mail.ru, a Russian internet firm. Sberbank, a big Russian state-controlled lender, launched an e-commerce joint-venture with Yandex, another local company. Both are chasing Ozon, Russia’s biggest generalist online retailer.

Such companies—call them baby Amazons—are following the path charted by America’s e-commerce colossus. They have a way to go. After stripping out Amazon’s mature north American business, some $277bn of goods changed hands on its platform last year, compared with perhaps $30bn for the biggest emerging-world firms (see table). At around $65bn, their combined value is dwarfed by Amazon’s $949bn (though its cloud-computing arm, AWS, may account for half of that). And their revenues, some $6bn all told, are a tenth of the American firm’s.

But whereas Amazon’s international e-commerce sales grew by a comparatively measly 12% year on year in the second quarter, the upstarts�� sales are rising by high double digits or more, as the emerging world embraces the virtual one. MercadoLibre’s swelled by 94% in its most recent quarter. Shopee’s ballooned by 342%. Small wonder investors are giddy.

Although all these firms no doubt want to be like the American paragon when they grow up, they are going about it differently than it did. Where Amazon’s growth piggybacked on the US Postal Service and credit-card networks, they had to build their own, or do without. This limited their early growth. With better infrastructure now in place, and potential customers flocking online, they eye a new era. “The opportunity in the next 20 years is much bigger than the last 20 years,” enthuses Sean Summers, MercadoLibre’s chief marketing officer.

The companies share four characteristics. First, they were born adapted to tricky local markets. Walmart pulled out of Brazil in 2018, when it became clear that, partly as a function of Brazil’s long-standing protectionism, the giant American retailer could not easily access global supply chains it relies on to offer low prices in other places. Red tape related to tax, shipping and payments proved too much hassle for foreign behemoths to bother with, says Mr Summers. In their absence, the local companies can thrive.

Build it and they will buy

Before that could happen, though, they often had to build their own infrastructure in places where payment and delivery systems are rudimentary or non-existent. This is the second shared feature. Many of Jumia’s customers do not have an address, so delivery men phone ahead for directions. The company works with over 100 logistics providers and, in cities like Lagos, runs its own last-mile fleet of motorbikes and lorries. In Indonesia, a booming market of 265m people dispersed across 15,000 islands with few decent roads or, as in Nigeria, precise addresses, Shopee and its regional rivals, Tokopedia and Lazeda, enlist local shopkeepers who know the area to direct deliveries to the right recipients.

Jumia, Souq (an Emirati firm bought by Amazon in 2017) and MercadoLibre have all built their own sophisticated payment networks. MercadoLibre’s has turned into a fully fledged money-management system, complete with payments to friends, investment options and small loans.

The third similarity is that the emerging e-merchants tend not to hold and sell merchandise themselves. Some 40% of Amazon’s sales come from products it stocks rather than from third parties. In the case of MercadoLibre and Shopee that number is close to zero. The need to build and maintain payment and delivery systems leaves little energy—or resources—to run a shop. Regulators in developing countries have also been tougher on anticompetitive behaviour than their counterparts in America and Europe. India’s competition authority recently ordered Flipkart to stop selling wares in its marketplace, where it could undercut third-party sellers.

The mini e-marts are different from Amazon in one last crucial way—they do not make much money at the moment. Many are burning through cash. Jumia lost €170m ($188m) last year and has lost a cumulative €862m since being founded in 2012. Shopee does not yet make a profit, though analysts expect that it will do so before 2023. Last year MercadoLibre made no money for the first time since it broke even in 2006. Mr Summers says the firm is now investing everything it can in growth.

Investors will need patience—and deep pockets. Eghosa Omoigui of EchoVC Partners, a venture-capital fund in Lagos, is convinced that e-commerce will one day succeed in Africa. In the meantime, “you have to keep shoving coal into the engine.” In Russia, Mr Virin predicts, the race will also come down to fuel. “The winner will be the one who doesn’t run out of money.”

For the time being, there appears to be no risk of that. Shopee’s parent raised $884m when it listed in New York two years ago. Besides reinvesting profits, MercadoLibre raised $2bn in March, partly by offering shares on the secondary market, and in part by selling a stake to Paypal. Tokopedia picked up $1.1bn from SoftBank, a Japanese tech holding company, in December. Jumia has about €380m in cash, enough for about two years at the rate the firm is currently burning through it.

The companies are hoping that their markets will expand fast enough to generate profits before the capital taps run dry. There is room to grow. Fewer than 1% of retail sales in Jumia’s markets currently take place online. By 2025 that figure may reach 10% in Africa’s biggest economies, consultants at McKinsey reckon. The consumer class is growing fast, says Jeremy Hodara, one of Jumia’s co-founders. “They come to us and say, ‘Look, it’s the Africa Cup of Nations [football tournament] and my country’s qualified. I need my first TV.’”

Shopee’s revenues are rising even as it spends less on marketing and promotions. Last year it had 50m active buyers, up from 21.7m the year before. In 2017 Google and Temasek, a Singaporean sovereign-wealth fund, predicted that the south-east Asian internet economy will be worth $200bn by 2025. Last year they revised their forecast up by a fifth, to $240bn. Marcel Motta of Euromonitor International expects e-commerce’s share of total retail in Brazil to double to 10% by 2023. In Russia annual online sales of physical goods could reach €50bn by then, from €22bn in 2019.

The e-commerce hopefuls see a route to riches by closing the gap between online retail’s penetration in their markets and that enjoyed by Amazon in America, which remains three times larger. The sale of goods is not their only path to profits. Some will sell themselves to the giants, as Souq and Flipkart have done. Others will continue on their own. MercadoLibre wants to be something close to a fully fledged digital bank. All show that, having built their own infrastructure, they can sell access to it. In this respect, at least, they may give their American role model a run for its money. ■

This article appeared in the Business section of the print edition under the headline "How to beat Bezos"

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panaceainfotechpvtltd · 6 years ago

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Top Mobile App development trends in 2019

When it comes to 2018 mobile app market, it has witnessed just over 27 billion downloads which is a year over year growth of approximately 11%. Therefore, it’s not only in 2018 but for the past many years mobile apps has been changing our lives from booking a taxi service app to ordering food or hiring the electrician from the nearby area. Mobile apps have transformed the way we do our daily tasks whether it is personal or business. So, with the increasing demand in the market, mobile apps serve to be a significant opportunity for entrepreneurs, business and startups. Besides as per the research by Statista.com mobile application are supposed to generate approx. $189billion US dollars in revenue by 2020. Even as per the App Annie, consumers are supposed to spend $120 billion in app stores in 2019, and the spending figure is supposed to be fives time in the rate of the global economy.

Global app downloads have reached 194 billion in 2018, which is 35% up from 2016.

Social and communications apps account for 50% of time spent on apps where time spent on apps grew 45% from 2016 to 2018.

720 billion hours were spending globally in social and communication apps in 2018, which has also increased by 30% from 2016.

Retailers are also making process with the help of mobile applications.

App shopping such as eBay, MercadoLibre, and shopee have touched 1 billion downloads.

Henceforth, the mobile app development industry is the fastest growing industry, and there isn't any sign of slowing down in the future as well. So, looking at the technological advancement and new inventions in-app industry, it is necessary to give a glimpse into the mobile app development of 2019. Below are the given upcoming trends: Artificial Intelligence and Machine Learning Artificial intelligence and machine learning both dotted their legs into the mobile app industry where, AI is the area of computer science, which primarily emphasize the designing of intelligent machines which work and react just like humans. So, this technology has made itself evident in the form of the Chabot’s, whereas on another end Siri is a combination of AI and machine learning, which has also become an essential part of the mobile app innovations. Therefore, in the coming years, the benefits of both these technologies will not only restrict to Chabot’s and Siri because there are many companies like IBM, Google, Microsoft and Oracle are heavily investing in AI technology. In fact on the other end, Oracle will be using machine learning to develop their apps, data integration, analytics, system, and identity management autonomously and so on. As per the report from IDC, more than 75% of workers who are using ERP solutions will now take benefits from AI to expand their proficiency into the workplace which means AI and machine learning are going to transform mobile app industry, with the help of significant opportunities for innovation for the future apps. Block chain Technology Block chain technology has created a notable impact on the market from the past few years whereas the advanced technology allows the business to create tamper-proof records across multiple computers and gives the ability for tracking their transactions with greater confidence and security. In fact, Block chain technology is all set to enter in 2019 and even experts like Nick Cowan, a CEO of the Gibraltar Block chain Exchange, and Luka Horvat are expecting the technology will more widely be adopted by app development companies, financial organizations, and charities. On-demand Apps The on-demand mobile app economy is the vast economy which is also known as the sharing economy’ it fulfills user demands on an immediate basis, by allowing quick access to opted services. Initially, the on-demand business model was an inventible bubble in the world of mobile apps, but now it has become a future of the mobile app industry. Irrespective of the size of the business, almost all the mobile app service provider company has embraced on-demand apps solution to make their business future proof, and as per the survey, it is shown that 86.5 million Americans, which means around 42% of the adult population using at least one on-demand economy service. Henceforth, with the help of this figure we can say that on-demand technology will not fade anytime soon, it will allow enterprises to develop an on-demand solution to provide quick access to services and goods. Augmented Reality Augmented reality (AI) is one of the rising technologies which are transforming the way people are buying products. So, as per the report from Digi-capital, the augmented reality is expected to make $150 billion in revenue by 2020. However, Google and Apple have released a new AR demo which shows that AR will be a game changer in the upcoming years. Apart from these social media platforms such as Instagram and Snapchat have already used this technology to launch augmented reality filters, by allowing users to turn a human face into various digital funny characters. So, for wrapping up mobile application development trends are shaping the mobile app industry along with that it is helping the business to get an idea of which latest technology they can adapt to mobile app development. Source URL: https://panaceainfotech.weebly.com/blog/top-mobile-app-development-trends-in-2019

#taxiappdevelopment #uberlikeappsolution #uberlikeapp #applikeuber

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mobileappdevelopmentsolutions · 6 years ago

Text

Mobile App Development Economy 2019

“App Annie’s 2019 State of Mobile report has a bevy of factoids and projections enterprises need to consider as they take on their mobile and digital transformation strategies”.

According to App Annie “Consumers are expected to spend $120 billion in app stores in 2019”. That spending figure is expected to be five times in the growth rate of the global economy.

Global app downloads reached 194 billion in 2018, up 35 percent from 2016. Emerging markets are leading the growth.

Social and communications apps account for 50% of time spent on apps. Time spent in apps globally grew 45% from 2016 to 2018.

720 billion hours were spent globally in social and communication apps in 2018, increased by 30% from 2016.

On the basis of App Annie, most amazing apps of 2018 contained in-app subscriptions.

With the help of mobile applications, retailers are making progress.

Peer-to-peer shopping apps such as eBay, MercadoLibre and Shopee touched 1 billion downloads.

According to market experts of the Top Mobile App Development Company USA, the mobile app development industry is the fastest growing industry, and it’s not gonna slowing down in the future as well. For technological advancements, it is necessary to give a glimpse into the mobile app development trends of 2019.

These mobile app development trends will bring many new opportunities for entrepreneurs and startup owners. Without discussing more on the mobile app market, let’s check out the upcoming trends that are thoroughly researched and analyzed by our technical head.

1. Artificial Intelligence & Machine Learning

Artificial Intelligence for Mobile App Development and Machine Learning mobile app developmentboth have dotted their feet deeper into the mobile app industry. If we talk about AI, it mainly strengthens the designing of intelligent machines that behave like humans.

This technology has mainly made itself obvious in the form of chatbots, whereas Siri, which is the combination of AI and machine learning, has become an important part of the mobile app innovations.

In the upcoming year, the use of AI will not be limited to Chatbots and Siri. There are various companies like IBM, Microsoft, Google, and Oracle are heavily investing in AI technology. In fact, these companies are also developing apps and data integration, analytics and system, and identity management autonomous.

In effect, as per the IDC report, more than 75% of workers, who are using ERP solutions, will now leverage the capabilities of AI and Machine Learning to expand the proficiency in the workplace. It means AI and machine learning are going to revolutionize mobile apps industry, with significant opportunities for innovation for the future of apps.

2. Blockchain Technology

For the past few years, Blockchain Technology has created a great impact in the market. This advanced technology allows Blockchain Software Development Company to create tamper-proof records across multiple computers and gives the ability to track transactions with greater confidence and security.

In 2019, experts are expecting that technology will be more widely adopted by companies, especially mobile app development companies.

3.On-demand Apps

On-demand mobile app development economy is the most expansion economy is the world and is also known as the sharing economy. It fulfills customer demands on an immediate basis, by allowing quick access to services. In the beginning, the on-demand business model was an imminent bubble in the world of mobile applications and now it becomes a future of the mobile app industry.

Irrespective of the size of the business, almost all the mobile application service provider companyhas embraced on-demand based solution to make their business future proof. According to the same survey, 86.5 million Americans, around 42% of the adult population have used at least one on-demand economy service. With these figures, we can say that On-demand technology will not gonna fade away anytime soon, it will allow startups and enterprises to develop an on-demand solution to provide quick access to services and goods.

Conclusion

This mobile app development trends will shape the future of the mobile app industry in 2019. Through these trends, entrepreneurs can get an idea about which latest technologies they can adapt to mobile app development. With the most suitable technologies, you can fulfill your customers’ demand. So, if you want to develop a mobile app for your business, you can book our free consultation and discuss your queries with our expert software development team.

#mobile app development company

0 notes

appdevelopmentcompanyinusa · 6 years ago

Text

Mobile App Development Economy 2019

“App Annie’s 2019 State of Mobile report has a bevy of factoids and projections enterprises need to consider as they take on their mobile and digital transformation strategies”.

According to App Annie “Consumers are expected to spend $120 billion in app stores in 2019”. That spending figure is expected to be five times in the growth rate of the global economy.

Global app downloads reached 194 billion in 2018, up 35 percent from 2016. Emerging markets are leading the growth.

Social and communications apps account for 50% of time spent on apps. Time spent in apps globally grew 45% from 2016 to 2018.

720 billion hours were spent globally in social and communication apps in 2018, increased by 30% from 2016.

On the basis of App Annie, most amazing apps of 2018 contained in-app subscriptions.

With the help of mobile applications, retailers are making progress.

Peer-to-peer shopping apps such as eBay, MercadoLibre and Shopee touched 1 billion downloads.

According to market experts of the Top Mobile App Development Company USA, the mobile app development industry is the fastest growing industry, and it’s not gonna slowing down in the future as well. For technological advancements, it is necessary to give a glimpse into the mobile app development trends of 2019.

These mobile app development trends will bring many new opportunities for entrepreneurs and start-up owners. Without discussing more on the mobile app market, let’s check out the upcoming trends that are thoroughly researched and analysed by our technical head.

��1. Artificial Intelligence & Machine Learning

Artificial Intelligence for Mobile App Development and Machine Learning mobile app development both have dotted their feet deeper into the mobile app industry. If we talk about AI, it mainly strengthens the designing of intelligent machines that behave like humans.

This technology has mainly made itself obvious in the form of chatbots, whereas Siri, which is the combination of AI and machine learning, has become an important part of the mobile app innovations.

In the upcoming year, the use of AI will not be limited to Chatbots and Siri. There are various companies like IBM, Microsoft, Google, and Oracle are heavily investing in AI technology. In fact, these companies are also developing apps and data integration, analytics and system, and identity management autonomous.

In effect, as per the IDC report, more than 75% of workers, who are using ERP solutions, will now leverage the capabilities of AI and Machine Learning to expand the proficiency in the workplace. It means AI and machine learning is going to revolutionize mobile apps industry, with significant opportunities for innovation for the future of apps.

2. Blockchain Technology

For the past few years, Blockchain Technology has created a great impact in the market. This advanced technology allows Blockchain Software Development Company to create tamper-proof records across multiple computers and gives the ability to track transactions with greater confidence and security.

In 2019, experts are expecting that technology will be more widely adopted by companies, especially mobile app development companies.

3. On-demand Apps

On-demand mobile app development economy is the most expansion economy is the world and is also known as the sharing economy. It fulfils customer demands on an immediate basis, by allowing quick access to services. In the beginning, the on-demand business model was an imminent bubble in the world of mobile applications and now it becomes a future of the mobile app industry.

Irrespective of the size of the business, almost all the mobile application service provider company has embraced on-demand based solution to make their business future proof. According to the same survey, 86.5 million Americans, around 42% of the adult population have used at least one on-demand economy service. With these figures, we can say that On-demand technology will not gonna fade away anytime soon, it will allow start-ups and enterprises to develop an on-demand solution to provide quick access to services and goods.

Conclusion

This mobile app development trends will shape the future of the mobile app industry in 2019. Through these trends, entrepreneurs can get an idea about which latest technologies they can adapt to mobile app development. With the most suitable technologies, you can fulfil your customers’ demand. So, if you want to develop a mobile app for your business, you can book our free consultation and discuss your queries with our expert software development team.

#Mobile App Development Company in USA #Mobile App Development Services #Mobile App Development Solutions #Mobile App Developers #App Development Company #Mobile App Development Company #Mobile App Development #Machine learning mobile app development #Machine Learning App Development Company #AI Application Development Services #Blockchain App Development Company

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chloe-jayde · 6 years ago

Text

Digital lenders lure unbanked Argentines out of shadow economy

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/digital-lenders-lure-unbanked-argentines-out-of-shadow-economy

Digital lenders lure unbanked Argentines out of shadow economy

By Eliana Raszewski

BUENOS AIRES (Reuters) – María Rosales, 39, is one of millions of less affluent Argentines locked out of the traditional financial sector. The former cruise ship worker lost her job in 2015 and has relied on her family for financial support to stay afloat since.

Now her small pot of savings is in demand from a new group of lenders: digital banks on the hunt to mop up funds from the country’s huge shadow economy.

The nascent shift could shake up how people save their money in a market noticeable for a heavy reliance on cash, a paucity of bank savings and little trust in traditional banks or the volatile local peso, which lost half its value against the dollar last year.

Argentine bank deposits as a portion of gross domestic product are just 18.8 percent, according to a recent OECD report, which said the country had a “scarcity of domestic savings.”

That compares to nearly 60 percent in neighboring Brazil. In Mexico, which has also been promoting alternatives to traditional banking, it is almost 30 percent.

“I do not know if there is a sector in Argentina as behind as the financial one,” Stefano Angeli, chief executive of Rebanking, a digital bank which will start operations in May, told Reuters.

“We believe digital banking will be the way to develop this business in the long term.”

As well as start-ups, international lenders are looking at getting into Argentina’s digital banking market. Banco Santander (MC:) has said its digital bank will launch in the country soon, while Brazil’s Itau Unibanco said last year it was looking at opening online-only accounts in Argentina.

When Rosales became unemployed her former bank started to charge her to keep her old account open and she did not have the paperwork such as payslips and utility bills needed to open a new one.

Instead, she turned to local digital lender Wilobank, which touts easy access and gives her some interest on her savings – important with inflation running at 50 percent annually.

“You become a client in minutes without going anywhere,” Wilobank says on its website.

Rival Brubank says, “You will need a few minutes. Have your national identity document at hand and that’s it.”

Lucas Llach, a former vice president at Argentina’s central bank who focused on financial inclusion, said the shift was logical, with so many people unable to access brick-and-mortar banks.

“There is a population that does not feel welcome (in traditional banks),” he told Reuters, adding the advent of digital lenders could help the government by bringing more funds out of the unregulated shadow sector.

“Technology lowers the costs of banking, and with these new technologies – where everything is digital – it becomes profitable to have lower-income clients.”

‘IT’S A TEST’

Firms like online auction company MercadoLibre Inc, recently invested in by PayPal, and George Soros-backed Uala are also pushing technology such as digital wallets and payment apps.

“There is a market because there are many people who are not banked, who do not want the costs of traditional banks,” Wilobank President Guillermo Francos told Reuters.

Wilobank said it has attracted 25,000 clients in its first six months of operation, and expects to hit 100,000 by the end of the year and 300,000 by late 2020.

The government has sought to help the sector, cutting red tape and making it faster to set up new banks.

A central bank official, who spoke on condition of anonymity, said this could help force established lenders to become more competitive, something the bank has been pushing for to bolster savings accounts and shore up the local peso.

Digital banking heads told Reuters they were looking to reinvest deposits into the same kinds of instruments traditional banks use, including high-interest government debt that has been a boon for lenders.

Luring hard-hit Argentines back to the financial sector will not be easy, however. Many lost their savings during a major financial crisis in 2002, since when a sharp devaluation of the peso and a period of currency controls battered trust in banks.

Nicolás Cánepa, a 39-year-old scientific researcher, is wary but curious. He opened a digital account earlier this year and got a credit and debit card within a week.

“I kept the accounts I have in traditional banks because I get some benefits,” he said in a telephone interview, adding however he got a better interest rate on the new digital account.

“I did not put all my salary in. For now it’s a test.”

Read More https://worldwide-finance.net/news/commodities-futures-news/digital-lenders-lure-unbanked-argentines-out-of-shadow-economy

#Argentines #digital #economy #lenders #lure #shadow #unbanked

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jettadarkwynd · 6 years ago

Text

Digital lenders lure unbanked Argentines out of shadow economy

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/digital-lenders-lure-unbanked-argentines-out-of-shadow-economy

Digital lenders lure unbanked Argentines out of shadow economy