Posted in apps asia Banking Cryptocurrency Finance financial services Funding Japan line messaging apps mobile payments Naver Corp p2p payments payments Social South Korea Tech

Chat app Line to raise $1.33BN via convertible bonds to double down on financial services

Move over stickers and games: Japanese messaging app firm Line has announced it’s raising around 148.1 billion yen ($1.33BN) through convertible bonds to fund aggressive expansion…

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Posted in apps asia author blockchain computing cryptocurrencies Cryptocurrency ethereum facebook facebook messenger Japan line media messaging apps Messenger note Social Media Software TC Tech WhatsApp

Chat app Line hopes its own crypto token can solve its user growth problem

Line, the Japanese messaging app firm that’s best known for its cutesy characters and stickers, is pushing deeper into crypto after it launched its own token to…

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Posted in amsterdam asia Brexit corporate tax europe european union Gadgets government Japan Panasonic tax haven Tech United Kingdom

Panasonic to move its European HQ out of the UK because Brexit

Chalk up yet another Brexit deficit: Japanese electronics firm Panasonic will be moving its European headquarters from the UK to Amsterdam in October because it’s…

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Posted in China Japan Videos WallSt

Ice-Breaker For China-Japan Ties?

40 years ago, the Peach and Friendship Treaty reset the China-Japan ties. However, disputes of the Diaoyu Island, the Japanese government’s ambiguous acceptance of historical…

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Posted in Arbor Ventures asia credit cards debit cards e-commerce Finance Fundings & Exits goldman sachs Japan Paidy payments SBI Holdings Tech Visa

Japanese fintech startup Paidy lands strategic investment from Visa

A month after announcing its $55 million Series C, Japanese fintech startup Paidy has snagged a strategic investment from payment giant Visa. Paidy didn’t disclose how…

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Posted in asia Automotive beenext car ownership carsharing economy Ford Fundings & Exits hyundai Hyundai Motor Company India Japan mahindra & mahindra revv Tech Uber Zipcar zoomcar

Hyundai leads $14.3M investment in Indian car rental startup Revv

Korean automaker Hyundai is jumping into India’s on-demand mobility space after it led a $14.3 million investment in car-rental startup Revv. Hyundai, which is the…

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Posted in Alibaba alibaba group asia China consumer finance Didi Chuxing Fundings & Exits Japan online payments Paytm Softbank SoftBank Group Tech Tencent Vision Fund zhong an ZhongAn

SoftBank’s Vision Fund to help Chinese online insurance giant ZhongAn go international

SoftBank’s Vision Fund is backing Chinese online insurance giant ZhongAn through its latest investment, which could take the company — which has struggled for stability…

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Posted in Andreesen Horowitz asia Axiom Zen Baidu Blockchain Capital China Cryptocurrency cryptokitties ethereum Japan taiwan Tech Uber Union Square Ventures WeChat Xiaomi

Gaming in Asia may be crypto’s killer dApp

As money and talent flows into the crypto and blockchain worlds, a persistent question keeps coming up: what is going to be the “killer app”…

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Posted in Andreesen Horowitz asia Axiom Zen Baidu Blockchain Capital China Cryptocurrency cryptokitties ethereum Japan taiwan Tech Uber Union Square Ventures WeChat Xiaomi

Gaming in Asia may be crypto’s killer decentralized app

As money and talent flows into the crypto and blockchain worlds, a persistent question keeps coming up: what is going to be the “killer app”…

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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 Altruist apps asia bubble motion bytedance djs facebook Fundings & Exits goodwater capital Instagram Internet Radio Japan Korea media mobile musical.ly Singapore Software Southeast Asia Tech twitter vietnam

Musical.ly investor bets on internet radio with $17M deal for Korea’s Spoon Radio

One of the early backers of Musical.ly, the short video app that was acquired for $1 billion, is making a major bet that internet radio…

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Posted in AOL api apps artificial intelligence asia Bank business business incubators ceo economy entrepreneurship freee Fundings & Exits Japan Mercari Private equity Salesforce Slack Software Startup company startup ecosystem Tech Venture capital

Japan’s Freee raises $60M to grow its cloud accounting business

Japan-based accounting software company Freee, one of the country’s most-prominent startups, has raised a $60 million Series E funding round as it bids to expand its…

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Posted in 99 artificial intelligence asia Australia Bhavish Aggarwal Brazil carsharing ceo China Collaborative Consumption Dara Khosrowshahi didi Didi Chuxing DST Global europe India Japan LONDON manchester Mexico Ola Softbank SoftBank Group taiwan Taxify Tech Tencent transport transport for london Uber unicorn United Kingdom

India’s Uber rival Ola is headed to Europe with ride-hailing launch in the UK

The UK is getting a new alternative to Uber after India-based ride-hailing company Ola announced plans to expand to the country, which will become its…

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Posted in 99 artificial intelligence asia Australia booking holdings Brazil car sharing carsharing China Collaborative Consumption didi Didi Chuxing food delivery Japan Mexico Softbank SoftBank Group taiwan Tech transport Uber

China’s Didi pumps $1B into its rebranded driver services business

Didi Chuxing is going pedal to the metal for its automobile services business after it announced it will invest $1 billion into the division, which is also…

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Posted in adam neumann asia Beijing China Fundings & Exits Hangzhou India Japan Korea naked hub Nanjing Shanghai Singapore Softbank SoftBank Group Southeast Asia Tech temasek WeWork

WeWork China raises $500M to triple the number of cities it covers

WeWork’s China business is getting a fresh injection of capital after it raised $500 million. The company entered China two years ago and today it…

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Posted in Alibaba Ant Financial apps asia China economy Finance Gaming India Japan mobile payments Softbank Tech

SoftBank’s move into new services continues with plan for a payment service in Japan

SoftBank is best known in Japan as a mobile operator but the company, which is behind the near-$100 billion Vision Fund, is increasingly getting into…

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Posted in amazon asia China e-commerce eBay eCommerce economy Flipkart Gaming India Japan Korea Software TC Tech United States Walmart

EBay paid $573M to buy Japanese e-commerce platform Qoo10, filing reveals

EBay is a very distant second behind Amazon when it comes to e-commerce sales in the U.S., but abroad — and in particular in Asia…

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Posted in apps artificial intelligence asia Australia Brazil carsharing China Collaborative Consumption Gaming Japan Lyft Mexico Softbank Tech transport Uber

China’s Didi Chuxing is close to launching a taxi-booking service in Japan

Days after raising $500 million via a strategic investment from travel giant Booking Holdings, Chinese ride-hailing giant Didi Chuxing has continued its international push with…

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