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Chat app Line’s games business raises $110M for growth opportunities

Messaging app firm Line has given up majority control of its Line Games business after it raised outside financing to expand its collection of...

KKR’s latest Southeast Asia bet is a $144M investment in PropertyGuru

Global investment giant KKR is warming up to Southeast Asia after it made a third high-profile investment. The firm — which has nearly $150...

OYO Hotels Forays into Indonesia

After entering the markets of Dubai and the United Kingdom, OYO has now announced the launch of its hotel services in the Indonesian market...

Indonesian co-working startup GoWork lands $10 million

Co-working today is a global game that’s played by many more than just WeWork, despite the company’s valuation surging to $20 billion. But, as...

Go-Jek is close to launching a ride-hailing service in Singapore

Indonesia’s ride-sharing startup Go-Jek plans to land in Singapore, its arch-rival Grab’s HQ, as soon as this month as its regional expansion program gains...

The top 10 startups from Y Combinator’s Demo Day S’18 Day...

59 startups took the stage at Y Combinator’s Demo Day 2  and among the highlights were a company that helps developers manage in-app subscriptions;...

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

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...

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,...

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...

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...