Asia
- STARTUPS
Financial services marketplace CompareAsiaGroup raises $20 million in new funding led by Experian
Experian, one of the largest credit reporting bureaus in the United States, announced today that it has invested in CompareAsiaGroup,…
Read More » - Finance
Automotive marketplace Carro acquires Indonesia’s Jualo, extends Series B to $90M
Carro, an automotive marketplace and car financing startup based in Singapore, said it has raised $30 million to extend and…
Read More » - Trends
India’s Reliance to buy majority stake in Google-backed Fynd for $42.3M
Indian conglomerate Reliance Industries is acquiring 87.6% stake in Fynd, a seven-year-old Mumbai-based startup that connects brick and mortar retailers…
Read More » - STARTUPS
UrbanClap, India’s largest home services startup, raises $75M
UrbanClap, a marketplace for freelance labor in India and the UAE, has raised $75 million in a new financing round to…
Read More » - Trends
Samsung posts 55.6% drop in second-quarter profit as it copes with weak demand and a trade dispute
As it forecast earlier this month, Samsung reported a steep drop in its second-quarter earnings due to lower market demand…
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Truecaller pushes software fix after covertly signing up Indians to its payments service
Truecaller, a service that helps users screen robocalls, has rolled out an update to its app in India, its largest…
Read More » - Food
SoftBank pumps $2B into Indonesia through Grab investment, putting it head to head with Gojek
Grab — the on-demand transportation app worth $14 billion that is the Uber of Southeast Asia — today announced how…
Read More » - Health
Prenetics partners with Watsons, one of Asia’s largest personal care retailers, to sell its new consumer DNA tests
Genetics testing startup Prenetics today announced a major new deal for its brand in Asia. The company is partnering with…
Read More » - Trends
WhatsApp reaches 400 million users in India, its biggest market
WhatsApp has amassed more than 400 million users in India, the instant messaging app confirmed today, reaffirming its gigantic reach…
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Tencent brings cloud service to Japan in global push
The world’s largest video game publisher is looking outside its home country for growth. Tencent, the Chinese internet behemoth that…
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