MarketRest of World
Company Profile

Rest of World

Rest of World is an American nonprofit publication covering technology stories outside western countries. Launched in 2020 by Sophie Schmidt, Rest of World focuses on the impact of technology in "glossed over" emerging consumer markets outside the developed West. The publication is primarily funded by the Schmidt Family Foundation.

History
Rest of World was first announced in May 2019 by Sophie Schmidt, daughter of former Google CEO, Eric Schmidt, and Wendy Schmidt, as a publication about the impact of technology on the non-Western world, particularly in Africa, Asia, and Latin America. The news website is operated by Rest of World Media Inc., an American private operating foundation established in April 2019. The organization's operations are funded through multiple sources, including grants from foundations such as the Schmidt Family Foundation, donations and sponsorships. Rest of World was launched in May 2020. That year, Anup Kaphle, a journalist who previously worked for The Washington Post, BuzzFeed News and The Kathmandu Post, joined Rest of World as its founding executive editor. joined Rest of World as its first Investigations Editor. == Operation ==
Operation
News operation Rest of World's office is located in New York City, while most of its reporters are in Berlin, Hong Kong, Bangalore and other international locations. They also rely on a network of freelance journalists from around the globe. Rest of World Media, Inc. Rest of World Media, Inc. is a 501(c)(3) private operating foundation established in April 2019 and incorporated in the state of Delaware as a nonprofit, charitable corporation. The foundation has one subsidiary, Rest of World Media International, LLC, formed in January 2020 and registered in Kenya as a foreign company. Its purpose is to employ editorial staff. Rest of World has received numerous grants from notable organizations such as the Schmidt Family Foundation, Ford Foundation, Henry Luce Foundation, and Luminate – an entity operated by the Omidyar Group. Sophie Schmidt said in September 2020 that she would be spending $60 million on Rest of World over the next decade, with no plans to sell advertising or to use a subscription model. She said she might bring in another investor. == Coverage ==
Coverage
Schmidt said in September 2020, "There are three or four billion people who live in markets that are deemed not important enough to address, so there is just a huge gap in understanding what is going on in the rest of the world." The publication won a 2024 National Magazine Award in the design category, for articles on innovative non-western companies, Chinese shopping platforms, and how AI stereotypes different nationalities. That year, Rest of World launched an AI Elections Tracker to examine the role AI plays in elections worldwide. == See also ==
tickerdossier.comtickerdossier.substack.com