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Dominican Central Bank Reports 29% Growth In Remittances

YoungUpstarts

The Dominican Republic has emerged victorious in this struggle. Over the last 5 years the Dominican Republic was a fast growing Caribbean economy. In 2018 remittances to the Dominican Republic accounted for more than 7% of the country’s GDP. Remittances to the Dominican Republic averaged $312.9

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Paul Herdsman Of NICE Global: The Benefits Of Utilizing Nearshore Outsourcing For Your Business

YoungUpstarts

Everything from customer service, technical support, to back office operations are able to be outsourced as a way to reduce costs, keep up with the evolving consumer expectations, and drive a faster return on investment.

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Micro-Multinationals, And How They Will Define Our Era

YoungUpstarts

Micro-multinationals enjoy advantages that are unavailable to SMEs operating in a single market, such as the ability to exploit global variations in knowledge, skills, and labor costs [9]. They can operate their businesses around the world and around the clock across multiple time-zones [10]. In Asia, China provides a case in point.

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Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

VC Cafe

Founded in 2007 by Ron Makavy, Micha Berdichevsky, and Barak Naveh, Snaptu raised a total of $9 million in three rounds: $3 million from Carmel Ventures, $5 million a year ago (March 2010) from Sequoia and $1 million from private investors, including Spotlab, an angel fund operated by former Israeli MP Neomi Blumental.