Posted in asia Carousell carro China economy Finance Funding funding societies Fundings & Exits go-jek golden gate ventures Google India Indonesia internet penetration iPhone jeffrey paine Korea Investment Partners Masayoshi Son Money nsi ventures p2p paul bragiel Private equity Silicon Valley Singapore smartphones Social Media Softbank Southeast Asia Tech temasek Temasek Holdings United States Venture capital vinnie lauria

Golden Gate Ventures closes new $100M fund for Southeast Asia

Singapore’s Golden Gate Ventures has announced the close of its newest (and third) fund for Southeast Asia at a total of $100 million. The fund…

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Posted in asia China computing earnings europe India Indonesia smart products smartphone smartphones Southeast Asia Tech Technology Xiaomi

Xiaomi posts $2.1B profit in its first quarter as a public company

Chinese smartphone firm Xiaomi has posted a $2.1 billion profit for its first quarter of business as a public company on account of growing smartphone…

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Posted in Alibaba alibaba group asia asia venture group david chmelar e-commerce econa Fundings & Exits Gobi Partners India Indonesia kuala lumpur line ventures Malaysia Naver Singapore Southeast Asia Starstrike Ventures Tech venturra capital vietnam

Korea’s Naver backs Southeast Asia-based e-commerce startup iPrice

iPrice, an e-commerce aggregation service in Southeast Asia, has landed a strategic investment from Naver, the Korean internet giant valued at over $21 billion, as…

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Posted in apps asia bitcoin blockchain crypto cryptocurrencies Cryptocurrency decentralization Finance Indonesia Japan Korea line corp Money taiwan Tech Thailand United States

Messaging firm Line launches a dedicated crypto fund

Messaging company Line is continuing to burrow deep into the crypto space after it announced the launch of a $10 million investment fund. The fund…

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Posted in asia China coworking CrunchBase Fundings & Exits Indonesia LONDON naked hub Southeast Asia taiwan TC Tech ucommune urwork WeWork

WeWork China rival Ucommune raises $43.5M more at a $1.8B valuation

Barely weeks after WeWork China raised $500 million, one of its main rivals is refueling its tanks too. Ucommune — the company formerly known as…

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Posted in asia cleosent randing Expedia Fundings & Exits go-jek Indonesia insurance pasarpolis Southeast Asia Tech Thailand Tokopedia traveloka vietnam

Three Indonesian tech unicorns unite to back digital insurance startup

It’s almost unheard of to see three unicorns join forces to fund a startup, but that’s exactly what has happened in Indonesia. Ride-hailing company Go-Jek,…

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Posted in Daily Caller News Foundation energy Indonesia Politics Red Cross Uncategorized

A Massive Earthquake Kills Hundreds, Lifts An Entire Island 10 Inches

A deadly earthquake that killed hundreds on an island in Indonesia Aug. 5 was powerful enough to shift the island’s altitude by as much as…

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Posted in Bali Daily Caller News Foundation Indonesia Politics Uncategorized World

Death Toll Rises To 347 After Indonesia’s Magnitude 7 Earthquake

3:07 PM 08/08/2018Neetu Chandak | Contributor share on facebook tweet this share Share Print Reddit Share Email WhatsApp Indonesia’s death toll rose to 347 with…

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Posted in Alibaba asia carsharing China Collaborative Consumption commuting didi Didi Chuxing financial services Fundings & Exits Google grab Indonesia KKR lightspeed lightspeed venture partners offline to online Philippines Softbank SoftBank Group Southeast Asia Tech Tencent Thailand Toyota transport Uber United States vietnam vulcan capital warburg pincus

Grab picks up $2 billion more to fuel growth in post-Uber Southeast Asia

Grab, the ride-hailing service that struck a deal to take Uber out of Southeast Asia, has announced that it has pulled in $2 billion in…

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Posted in asia carsharing Collaborative Consumption ComfortDelGro food go-jek Google grab Indonesia Meituan-Dianping online food ordering Philippines Singapore Southeast Asia Tech Tencent Thailand Toyota transport Uber vietnam

Go-Jek kicks off Southeast Asia expansion with Vietnam launch

Go-Jek, the Indonesia-based ride-sharing company valued at $5 billion, has begun its ambitious plan to increase its rivalry with Grab by expanding into three new…

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Posted in Alibaba asia c88 credit scoring dbs Experian Finance financial services Fundings & Exits India Indonesia Money Monk's Hill Ventures Philippines Southeast Asia Tech Telstra Ventures Thailand

Experian leads $28M investment in Southeast Asia fintech startup C88

Experian is making its first major bet on Southeast Asia and its population of over 650 million consumers after the financial credit giant backed Singapore-based C88 Financial…

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Posted in Alibaba alibaba group apps asia Australia e-commerce eCommerce economy Finance Funding Fundings & Exits Gaming Indonesia PayPal shopback Singapore Softbank Southeast Asia Tech

FinAccel raises $30M to build a digital credit for Southeast Asia

FinAccel, a Southeast Asia-based startup that offers a digital credit card service in Indonesia, has closed a $30 million Series B round as it begins…

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Posted in Alibaba alibaba group apps asia Australia e-commerce eCommerce economy Finance Funding Fundings & Exits Gaming Indonesia PayPal shopback Singapore Softbank Southeast Asia Tech

FinAccel raises $30M to build a digital credit card for Southeast Asia

FinAccel, a Southeast Asia-based startup that offers a digital credit card service in Indonesia, has closed a $30 million Series B round as it begins…

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Posted in Alibaba alibaba group apps asia Australia e-commerce eCommerce economy Finance Funding Fundings & Exits Gaming Indonesia PayPal shopback Singapore Softbank Southeast Asia Tech

Kredivo raises $30M to build a digital credit card for Southeast Asia

FinAccel, a Southeast Asia-based startup that offers a digital credit card service in Indonesia, has closed a $30 million Series B round as it begins…

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Posted in asia ceo Fundings & Exits Gaming India Indonesia Spotify Tech

India’s BookMyShow pulls in $100M to grow its online ticketing business

BookMyShow, an online ticketing service for cinemas, theatres and sports in India, has pulled in $100 million in new capital for growth. The Series D…

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Posted in asia Collaborative Consumption Indonesia Southeast Asia TC

Go-Jek prepares to launch ride-hailing services in Vietnam and Thailand

It looks like Indonesian ride-hailing firm Go-Jek will finally initiate its long-awaited expansion in Southeast Asia over the next month. The company announced today that…

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Posted in Alibaba alibaba group Ant Financial asia Bangladesh China e-commerce Finance Funding Fundings & Exits India Indonesia Korea Malaysia Pakistan United States

Alibaba’s Ant Financial fintech affiliate raises $14 billion to continue its global expansion

Ant Financial, the financial services affiliate connected to Alibaba which operates the Alipay mobile payment service, has confirmed that it has closed a Series C…

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Posted in asia Finance Fundings & Exits Indonesia Malaysia Southeast Asia

Jirnexu pulls in $11M for its financial comparison service in Southeast Asia

It’s been a busy week for startup funding in Southeast Asia. Following big deals for Carro and Carousell, financial comparison startup Jirnexu is the latest…

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