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Waresix hauls in $14.5M to advance its push to digitize logistics in Indonesia – TechCrunch

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Waresix, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country — has pulled in $14.5 million to grow its 18-month-old business.

This new investment, Waresix’s Series A, is led by EV Growth — the growth-stage fund co-run by East Ventures — with participation from SMDV — the investment arm of Indonesia corporation Sinar Mas — and Singapore’s Jungle Ventures . The startup previously raised $1.6 million last year from East Ventures, SMDV and Monk’s Hill Ventures. It closed a seed round in early 2018.

Waresix is aiming to digitize logistics, the business of moving goods from A to B, which it believes is worth a total of $240 billion in Indonesia.

A large part of that is down to the country’s geography. The archipelago officially has over 17,000, but there are five main ones. That necessitates a lot of challenges for logistics, which are said to account for 25-30 percent of GDP — a figure that is typically below five percent in Western markets — while Indonesia barely scraped the top 50 rankings in World Bank’s Logistics Performance Index.

But, as Southeast Asia’s largest economy and the key market for digital growth in the region, that makes this an attractive problem to solve… or, rather, attractive industry to modernize.

Like others in its space worldwide — which include Chinese unicorn Manbang and BlackBuck in India — Waresix is focused on optimizing logistics by making the process more transparent for clients and more efficient for haulage companies and truckers. That includes removing the chain of ‘middle man’ brokers, who add costs and reduce transparency, and provide a one-stop solution for transportation by land or sea, as well as cold storage and general cargo handling.

As of today, Waresix claims a fleet of more than 20,000 trucks and over 200 warehouses partners across Indonesia. The company said it plans to use this new capital to expand that coverage further. In particular, that’ll include additional land transport options and additional warehouse capacity in tier-two cities and more remote areas. That’s a push that founders Andree Susanto (CEO) and Edwin Wibowo (CFO) — who met at UC Berkeley in the U.S. — believe fits with Indonesia’s own $400 billion commitment to improve national infrastructure and transport.

Waresix trucks

It is also consistent with East Ventures, the long-standing early-stage VC, which has backed a pack of young companies aiming to inject internet smarts into traditional industries in Indonesia. Some of that portfolio includes Warung Pintar, which develops smart street vendor kiosks, Kedai Sayur, which is digitizing street vendors, and Fore Coffee, which draws inspiration from China’s digital-first brand Luckin Coffee, which recently listed in the U.S.

Now with EV Growth, which reached a final close of $200 million thanks to LPs that include SoftBank, the East Ventures has the firepower to write larger checks that go beyond seed and pre-Series A deals as it has done with Waresix.

But the company is far from alone in going after the logistics opportunity in Indonesia. Its rivals include Kargo, which was started by a former Uber Asia exec and is backed by Uber co-founder Travis Kalanick’s 10100 fund among others, and Ritase.

Ritase, which claims to be profitable, closed an $8.5 million Series A this week. It said it has 7,500 trucks and, on the client side, some 500 SMEs and a smattering of well-known global brands. Kargo has kept its metrics quiet, but it is a later arrival on the scene. The startup only came out of stealth in March of this year when it announced a $7.6 million funding round.

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OPPO beats Vivo, Huawei, Xiaomi to top smartphone market in China

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This January, 2021, OPPO held the largest smartphone market share in China for the first time in history. They also became the #2 5G manufacturer in China. OPPO’s smartphone market share in China reached 21% in January of 2021, beating Vivo, Huawei, Apple, Xiaomi, and the rest.

Per Counterpoint Research’s Market Pulse Service, OPPO reached a point at which they beat out every other smartphone brand in the entirety of China. This is the first time in the brand’s history that they’ve taken this spot in China, with blockbuster growth over the past several months.

Per Counterpoint, OPPO’s sales grew 26% year-over-year compared to this same month in the year 2020. OPPO smartphone sales also grew 33% compared to December of 2020. “OPPO has been successfully able to reposition its product lines in 2020,” said Varun Mishra, Senior Analyst at Counterpoint Research. “The rebranding of the Reno series and launching a more capable device at a lower price point than its predecessor helped OPPO capture the affordable premium segment.”

It also helped that Huawei was effectively hobbled by legal actions on the part of the US government that led to breaks in supply lines and the company’s ability to collaborate with brands of several sorts. As noted by Counterpoint, the decline of Huawei also “benefitted Xiaomi and vivo.”

Of course, if we lump together each of the brands that live inside the BBK Electronics umbrella, they have a monstrous hold over China – and a whole lot of the rest of the world, too. BBK Group includes OPPO, Vivo, Realme, OnePlus, and others.

OPPO will be releasing their next major smartphone, the OPPO Find X3 Pro, on March 11, 2021. The release date for this smartphone is not yet known. Take a peek at the timeline below to see more recent OPPO updates.

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Twitter Undo button test lets users stop typo Tweets in their tracks

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In recent weeks and months, Twitter has been either testing or rolling out a number of new features, and today the company was spotted testing a feature that’s bound to make a lot of users happy. Twitter is apparently testing an undo timer for sent tweets, allowing users to quickly change their minds and scrap tweets shortly after hitting the “Send” button.

While that does essentially have the same effect of deleting a tweet you’ve already published, with an undo feature you’re preventing anyone from ever seeing the tweet in question. Not only could such a feature be good for those times where you spot a typo as you’re hitting the “Send” button, but it will also obviously come in handy for those times where you’re tweeting impulsively and probably shouldn’t be.

The new feature was spotted by social media sleuth Jane Manchun Wong today, who published a gif of the “Undo” button that appears after sending a tweet. The button hangs around for a few seconds, giving users a brief window to tap it before it disappears. It also appears that hitting that Undo button will open up the editor with your original tweet again, giving you the chance to fix any typos you may have spotted at the last minute.

Wong’s tweet doesn’t give us any other information about this test. We don’t know how broad it is, who gets to test it, or how long it’s been in testing. Of course, since Wong isn’t a Twitter employee, we wouldn’t necessarily expect her to uncover this stuff just through datamining, so we’re left waiting to see if Twitter announces anything about this test on its own.

That said, an “Undo” button would clearly be a step in the right direction for users who have been asking for the ability to edit tweets, and it would probably prove to be popular with the Twitter user base as a whole. We’ll see what happens from here, and we’ll let you know if Twitter announces anything regarding the “Undo” button in the future.

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Eve Systems announces three HomeKit over Thread products

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Eve Systems has announced that it is continuing to support HomeKit over Thread by rolling out three new products in the United States. One of the products is the Thread version of its popular Eve Energy smart switch. The company is also launching a smart weather station called Eve Weather and is announcing a Thread-enabled firmware for the second-generation Eve Aqua.

With the announcement of the three products, the number of Eve devices certified by the Thread Group totals seven.

Eve Energy is always on and can act as a router within a Thread network relaying data packets. The more of the router devices on the network, the more stable and the greater the network’s reach becomes. Eve Energy is power directly from outlet, While the other two devices are battery-operated. Eve Energy will launch on April 6 for $39.95.

Eve Weather shows users weather trends allowing easy tracking of the local outdoor temperature, humidity, and barometric pressure directly from an iPhone display. Eve Weather works with an app and aggregates current and past climate data. The device is IPX3 water-resistant and completely wireless, supporting both Bluetooth and Thread. Eve Weather costs $69.95 and launches March 26.

Eve Aqua is a device that aims to allow users to keep their garden green even when they’re away. Bluetooth-enabled Aqua sensors have to be in range of the home hub. However, Thread support makes connectivity easier because it can transmit data with higher power giving an extended range by placing a router-enabled Thread device such as the Eve Energy between the Eve Aqua and HomePod mini.

Thread technology was developed for smart home applications to improve connectivity between accessories. HomeKit products communicate using Wi-Fi or Bluetooth as well as HomeKit over Thread. Thread creates a mesh network that allows supported smart devices to talk to each other without going through a central hub.

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