Ko Shwe Ventures, the company behind the oral health product Zingo, has raised US$ 350,000 of seed funding. The funding from international investors will be used to expand its products across the region. According to an article in the Myanmar Times, the company has spent three years conducting research and clinical trials for Zingo. The chewing gum and mouthwash is designed to address the high amount of chewing betel nut across the country. The company will use the latest funds to expand its presence in other parts of Southeast Asia. There are 600 million betel users in the region which Zingo can target, the article said. Ko Shwe founder Mr Sam Glatman said that the funds will allow Zingo to expand “in Myanmar and beyond, as well as [fund] further product development”. In December, Zingo was awarded best in innovation for the Young Entrepreneurs Awards 2018, by the French Chamber of Commerce in Myanmar.
Upcoming Events
- No events
- all events
Highlights
Terminals, ports, logistics, liner operations disrupted
German containerline Hapag Lloyd has announced a decision to temporarily suspend cargo bookings into Myanmar …Facebook, Instagram ban military and related pages with immediate effect
In a February 24th update to its February 11th statement, Facebook through its Director of …Luxury Japanese real-estate complex called out for funding military
Despite distancing itself from other major Western states imposing sanctions on military-linked individuals and entities, …
Myanmar in the Media
- Myanmar junta chief to make first China visit since seizing powerSource: Voice of America East AsiaNovember 4, 20241 day ago
- War makes it harder to hold journalists’ killers accountable, experts saySource: Voice of America East AsiaNovember 2, 20243 days ago
- Alleged leader of Rohingya smuggling gang arrestedSource: Bangkok Post Top StoriesNovember 2, 20243 days ago
- Junta airstrikes lay waste to civilian lives in Myanmar’s Karenni StateSource: Voice of America East AsiaNovember 1, 20245 days ago
Thura NewsViews
Myanmar’s most widely read newsletter on the country’s politics, economy and businesses brought to you by Thura Swiss