Showing posts from:asia

July 18, 2019
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Online shopping guide SMZDM surges 44% on China stock market debut

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When Chinese internet companies seek initial public offerings, they tend to look to the United States where rules for profitability are less strict. SMZDM, an online shopping guide....

July 17, 2019
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India’s budget hotel startup Oyo enters co-working business with $30 million Innov8 acquisition

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India’s Oyo has expanded its hotel chain business to over 80 countries and entered co-living spaces segment in recent years. The firm, which has raised about $1 billion in the la....

June 19, 2019
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Anti-spam service Truecaller adds free voice calling feature

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Truecaller, an app best known for helping users screen calls from strangers and spammers, is adding yet another feature to its service as it bolsters its super app status. The Sto....

June 18, 2019
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China’s housing unicorn Danke appoints ex-Baidu exec as new COO

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A few months after nabbing a handsome $500 million funding round, China’s shared housing startup Danke Apartment got a talent boost. On Monday, Danke announced the appointment of....

May 29, 2019
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Indonesia’s vegetable hawkers are going digital thanks to a new startup

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Few things are more interesting that the convergence of old and new. It’s with that in mind that we once again look to Indonesia where East Ventures, an early-stage VC that’s b....

May 9, 2019
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Kargo is disrupting logistics in Myanmar, one of the world’s most challenging countries

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Founders in Seattle recently bemoaned a lack of capital and support when compared to Silicon Valley — what about those building startups in more remote markets? Kargo, a company ....

May 8, 2019
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Grocery startup BigBasket becomes India’s newest unicorn with new $150M investment

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India has a new unicorn after BigBasket, a startup that delivers groceries and perishables across the country, raised $150 million for its fight against rivals Walmart’s Flipka....

January 30, 2019
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WeWork could challenge Starbucks in China with new on-demand service

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The rise of Starbucks in China, like that in the west, is closely linked to its function as a “third space” for people to hang out between home and work. In recent years, a be....

January 26, 2019
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Meet the little-known Chinese Wi-Fi startup that rubs shoulders with WeChat and Alipay

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A service that connects people to Wi-Fi hotspots for free turned out to be one of China’s most popular apps, nestling in the top ranks with Tencent’s WeChat messenger and Alib....

January 24, 2019
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Facebook is reportedly testing solar-powered internet drones again — this time with Airbus

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Facebook last year grounded its ambitious plan to develop a solar-powered drone to beam internet across the world, but the company isn’t done with the concept, it seems. The soci....