Asia
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Trends
Waresix hauls in $14.5M to advance its push to digitize logistics in Indonesia
Waresix, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country…
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Finance
PayU, Naspers’ global fintech firm, enters Southeast Asia with acquisition of Red Dot Payment
PayU, the Naspers owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after…
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Finance
Sony announces a new $185M fund to invest in tech startups
Sony is doubling down on the world of startup investment. The Japanese tech giant announced a new fund that is…
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Trends
China’s Didi removes 300,000 drivers amid safety overhaul
2018 was the year when Didi Chuxing, the ride-hailing company that defeated Uber in China, vowed to put safety ahead…
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Finance
Kyash, a would-be challenger bank in Japan, raises $14M
The new era of tech-enabled banks is coming, even in regulation-heavy Japan. Kyash, a fintech company with visions on becoming…
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STARTUPS
From seed to Series A: Scaling a startup in Latin America today
Nathan Lustig Contributor Nathan Lustig is an entrepreneur and managing partner at Magma Partners, a seed-stage investment fund in Santiago,…
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Trends
Samsung shuts down its AI-powered Mall shopping app in India
Samsung has quietly discontinued an app that it built specifically for India, one of its largest markets and where it…
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Trends
Shuttl is winning over office workers in India with safer bus commute option
The Amazon-backed startup is growing slow and getting customers that Uber and Ola don’t have Manish Singh 23 hours Miles…
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Finance
Warburg Pincus announces new $4.25 billion fund for China and Southeast Asia
Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced…
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Splyt wants to connect the world’s ride-hailing apps for easy international roaming
The vision of a universal global ride-hailing service is over. Uber’s decision to exit markets like China, Southeast Asia and…
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