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Sequoia-backed fintech startup secures $31m series A money

Bright Money, an Indian fintech startup that also has teams in the US and UK, has raised US$31 million in series A funding from Sequoia Capital India, Falcon Edge Capital, and Hummingbird Ve
hello bike china

Alibaba-backed Hellobike bags new funds as it marches into ride-hailing

2018 has been a rough year for China’s bike-sharing giants. Alibaba-backed Ofopulled out of dozens of international cities as it fought with a severe cash crunch. Tencent-backed Mobike ...
google china news

Without a search engine, Google do still doing 5 things in china

Google’s plan to build a censored search engine in China have ground to a halt. Engineers on the so-called “Project Dragonfly” are no longer allowed to view search queries fr...

Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund

Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba. SoftBank  a...

Google looks to former Oracle exec Thomas Kurian to move cloud business along

Diane Greene  announced on Friday that she was stepping down after three years running Google’s cloud business. She will stay on until the first of the year to help her successor, Thomas Kur

Shyft raises $6.5M to help retail and service workers swap shifts

Anyone that has experience in the service or retail industry knows swapping shifts can be a logistical nightmare that leaves employees in trouble with management or stuck working during a fr

TikTok Beats Facebook, Instagram, Snapchat & YouTube in downloads last month

Beijing-based ByteDance’s 2017 acquisition of tween and teen-focused social app is paying off. The company this year merged with its own short video app TikTok as a mea
latest technology news

Silicon Valley’s sovereign wealth problem

It’s time to bring the conversation about where Silicon Valley gets its money from out into the open. Following recent revelations into Saudi Arabia’s extensive reach and influence in the US
entrepreneur first

Entrepreneur First, the company builder lands in Bangalore

London-based Entrepreneur First (EF) has expanded its Asia footprint. The company builder announced today that it has brought its “talent first” accelerator program to Bangalore, India – its...
New Travel-Planning Tools

Google launches new travel-planning tools

Slowly but surely, Google  is expanding its portfolio of travel offerings that now range from hotel- and flight-booking services to trip planning tools. Today, it’s launching yet another...
amazon latest news

Amazon web service plans $1b investment in Indonesia

American tech giant Amazon is planning a 14 trillion-rupiah (SS1.3 billion) foray into Indonesia, in another major investment in the South-east Asian digital economy. The plan was conveyed t...
taxify scooty game

Taxify is entering the e-scooter game

Estonian ride-hailing company Taxify will compete with Bird and Lime in Europe with its new brand of e-scooters, called Bolt, launching in Paris on Thursday. The company has rolled the sc

Warren Buffet: Berkshire Hathaway invests Rs 2500 crore in Paytm

Berkshire Hathaway Inc is looking to invest Rs 2,500 crore ($356 million) in the Indian company behind digital payments firm Paytm, according to a source with direct knowledge of the deal, i
walmart and flipkart

Walmart Acquired 77 Percent Stake in Flipkart

Recently walmart buy a India's big company e-commerce Flipkart Now walmart says it has acquired 77 percent stake in flipkart. According to a statement, Walmart now holds approximate...

Movado Group acquires watch startup MVMT

The Movado Group, which sells multiple brands, including Lacoste, Tommy Hilfiger  and Hugo Boss, has purchased MVMT, a small watch company founded by Jacob Kassan and Kramer LaPlante in ...

Grab start online medicine delivery and medical consultations

Grab launch online medicine delivery , medical consultation and appointment bookings . Grab is continuing its relentless march towards becoming Southeast Asia’s “superapp.”  The region’s

Swiggy snaps up Indian on-demand delivery app Scooty

Food ordering and delivery platform, Swiggy, has announced the all-cash acquisition of Mumbai-based on-demand delivery platform Scootsy, an intra-city service that gets restaurant and gourme...
thailand startup

Next startup hub Thailand , but talent remains an issue

This is a only Tech Tea opinions from the Asian tech community on startup, entrepreneurship, and tech topics. Govt. of Thai has a big ambition of building startup hub in Thailand  and the
tesla surfboard

Tesla Making a Surfboard worth $1500…?

Tesla is no stranger to branded merch. Its got the standard company swag — the hats, the shirts, and the mugs. It’s got quirkier stuff, like miniature Teslas for kids and USB chargers shaped

Why your startup is not funded by big companies ?

The founder of an early-stage company, which was still trying to figure out product-market fit, asked me questions about getting acquired. He reached out because of some suggestions I made i...
top 10 richest man in asia

Top 10 Richest Man in Asia January 2019

Mukesh Ambani overtook Alibaba Group founder Jack Ma to become Asia’s richest person as he positions RelianceNSE -1.79 % Industries Ltd. to disrupt the e-commerce space in India. Here we ta

Alibaba’s invest $250m on New Startup in Asia

Last-mile delivery startup GoGoVan has hauled in an investment of US$250 million, marking the “first phase” in what could prove to be the largest funding round for a logistics startup in Asi

Why Israel is becoming a prime destination for Chinese investment

Israeli Prime Minister Benjamin Netanyahu met with Alibaba founder and chairman Jack Ma in Jerusalem in April this year. As one of China’s best-known business magnates, Ma’s visit was the mo
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