Enterprise Holdings Inc. announced plans to enter the Vietnam market with its flagship brand, Enterprise Rent-A-Car, as well as its National Car Rental and Alamo Rent A Car brands. Enterprise Holdings appointed an affiliate of MP Logistics as its first franchisee in Asia at the 2017 Asian American Chamber of Commerce Connections Dinner earlier this week, subject to Enterprise's registration in Vietnam as a franchisor. "Our robust growth is a tribute to the strong international reputation of our brands," said Peter A. Smith, vice president of global franchising at Enterprise Holdings, who highlighted the company's rapid expansion and integrated global network as a keynote speaker at the 2016 International Car Rental Show. Enterprise Holdings Vice President of Global Franchising Peter Smith
Burma's JobNet.com.mm recently announced it has secured a seven-digit Series A investment, led by institutional investors with strong past experience in developing successful online classifieds businesses worldwide. Just over two months ago, ShweProperty.com, led by Justin Sway, CEO of both JobNet.com.mm and ShweProperty.com, which fall under the venture umbrella of MMOne Online Co Ltd, received a six-digit sum from some institutional investors as well. Matt De Luca, managing director of JobNet Myanmar stated, “We are very pleased with the latest round of funding. It will help us to further accelerate our strategy as the number one jobs and online employment portal in Myanmar."
Hong Kong police recently launched a crackdown on Uber, arresting 21 drivers who were suspected of operating on behalf of the ride-hailing giant in the Asian financial center. The drivers' vehicles were impounded in an undercover operation on suspicion of carrying passengers and not having third-party insurance for their cars. "I would like to emphasize that police are still continuing their enforcement action and I can't rule out the possibility of more drivers being arrested," said Chief Inspector Lau Tat-fai. Lau, who did not specifically mention Uber, said anybody who "assisted or instigated" drivers might also be legally responsible. He called on people using
Zhaopin Limited (NYSE: ZPIN) ("Zhaopin" or the "Company"), a leading career platform in China focused on connecting users with relevant job opportunities through their career lifecycle, announced its unaudited financial results for the third quarter ended March 31, 2017. Throughout the release, one ADS represents two Class A ordinary shares. Fiscal year refers to the 12 months ended June 30. Third Quarter of Fiscal Year 2017 Financial Highlights Percentage growth metrics refer to the third quarter of fiscal year 2017 ("Q3 FY17") compared to the third quarter of fiscal year 2016 ("Q3 FY16") Total revenue increased by 30.3% to RMB492.8 million (US$71.6 million). Online recruitment services revenue increased by 23.7% to RMB400.4 million (US$58.2 million).
The future of car sales could see vehicles dispensed like potato chips and chocolate bars at the simple push of a button. In Singapore this future alive and well, with a 15-storey building offering luxury vehicles, including Bentleys, Ferraris and Lamborghinis. An exotic used car dealership designed to resemble a vending machine in Singapore. REUTERS/Thomas White Used car seller Autobahn Motors opened the futuristic showroom in December, with vehicles on display in 60 slots just like you’d find your favourite chocolate bar or fizzy drink. The dispensing concept is also similar to that of a modern snack machine, where customers on
Carlist.my’s first-ever multi-brand test-drive sales carnival ended on a strong note, with 20,000 visitors recorded, exceeding the organizer’s expectations. Endorsed by the Malaysian Automotive Association (MAA), the event took place on the 13th and 14th of this month, at the Setia City Convention Centre in Setia Alam, Shah Alam, with 15 different brands participating, offering more than 50 different models for test drives. Present during the event's opening ceremony on Saturday was (from left): Mr. Wong Man Hoe, Director of Hire Purchase Operations Divison, Public Bank, Mr. Chang Swee Wah, Retail Manager, Chevron Malaysia, Datuk Aishah Ahmad, President of the
Bangladeshi classifieds site Ekhanei.com, which sold properties, gadgets, vehicles and personal items, shut down yesterday as it failed to make money, said its owner Telenor Group. Telenor entered online classifieds in 2013 by acquiring 50 percent of Latin American firm SnT, together with Schibsted, and 33.33 percent of 701 Search, alongside Schibsted and Singapore Press Holdings (SPH), reports Telecompaper.com. In 2015, more joint ventures were established with Naspers in four countries, including Bangladesh, where Telenor has had a 25 percent indirect stake in the company through SnT. Telenor said its main task now, together with its partners, is to take care of
Over the last decade there has been a rise in retailing concepts and the paradigm shift in the preference of customers to move from traditional retail, to that which enables them to access information easily anytime and from anywhere, are forcing automakers to rethink their business model. The automotive OEMs are increasingly under pressure to enhance their online presence to augment sales and to keep pace with customer mobility from brick-and-mortar model to the online retail industry. With the increasing penetration of Internet and the access to detailed product information, consumers are willing to buy products after online research and evaluation. They
Apartments in Yangon. Yangon-based property portal iMyanmarHouse.com is celebrating a year of growth and claims to deliver more leads to its advertisers than any other property site in the region by helping local agents and property developers grow their business. According to a company press release, iMyanmarHouse generated 58% more leads to its advertisers in the first quarter of 2017, when compared to the same period in 2016. The portal was founded in 2013 and has 2000 agencies and over 250 property developers registered on its site. Its services have recently extended to assist property developers with the transition of properties on
In Malaysia, online hiring dropped 11% in March 2017 compared to this time last year, according to the Monster Employment Index (MEI), which calculates online job posting activities compiled monthly by Monster.com. Although hiring momentum between February and March had eased, it said the online recruitment for the information technology, telecom/internet service provider and business process outsourcing/information technology enabled service sector grew 13%, year-on-year (y-o-y). Monster.com said the retail sector continued to fare badly compared with other job sectors, declining 36%, y-o-y, a plunge from the 22%, y-o-y, recorded in February 2017. Across the occupational groups monitored by MEI, jobs in the