developing markets

  • Remitly is raising up to $115M led by Naspers’ PayU to double down on remittances

    Remitly is raising up to $115M led by Naspers’ PayU to double down on remittances

    International remittances continues to be one of the biggest financial services in developing countries, with $450 billion getting sent from countries like the U.S. to emerging markets in 2017 alone, according to the World Bank. Now, one of the bigger startups using tech to take on Western Union, MoneyGram and other offline incumbents in the space is announcing a large round of funding to… Read More

  • LinkedIn Lite launches as an Android app in India, coming to 60+ countries soon

    LinkedIn Lite launches as an Android app in India, coming to 60+ countries soon

    LinkedIn, the social network for the working world with more than 500 million members, is taking its next step in its bid to court more users in emerging markets. The company has released an Android app for LinkedIn Lite, a pared-down version of its original LinkedIn mobile app that is developed for users in markets where data networks are slower and relatively more expensive for consumers. Read More

  • Pricey Data Is A Barrier To Internet Access In Developing Countries

    Pricey Data Is A Barrier To Internet Access In Developing Countries

    Tech companies, including Microsoft, Facebook, and Nokia, are counting on the “next billion,” or users in developing countries who are just getting access to the Internet, to fuel their future growth. Despite increasing access to technology, including the rapidly growing penetration of inexpensive mobile devices, there are still several major obstacles to Internet access… Read More

  • TC
    Opera Mini Now Has 169 Million Users, 56% Of Them Only Use The Mobile Web

    Opera Mini Now Has 169 Million Users, 56% Of Them Only Use The Mobile Web

    On the desktop, Opera‘s browser is only a minor player compared to Internet Explorer, Firefox, Chrome and Safari, but as a mobile browser, Opera competes head-to-head with Apple and Google. Worldwide, depending on which statistics you believe, it is either just ahead of the competition or a close runner-up. In developing countries, Opera is generally far ahead of the competition. Read More

  • Spice Mobile's optical media disk hands-on


    I just wandered over to the Spice booth to see their weird optical-disk-reading phone. It was pretty clunky and I probably wouldn’t use it, but that won’t stop the rest of the world from giving it a go. A lot of us forget that IP-based media, in the aggregate, is unfairly distributed. Overlay a heat map on the globe and you’d see white hot action in most of Asia, warmish… Read More