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Making The Southeast Asian Travel Connection
According to Phocuswright, an independent travel and tourism research firm, the global travel market was worth US$1.3 trillion in 2015. The cut in Asia Pacific (APAC) was US$367 billion; of that, the...
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StockRadars expands its stock analysis app in Asia and begins to offer live...
StockRadars, a Thailand-based service providing mobile-based analytics and insight for trading, just followed Robinhood’s lead and enabled real-time stock trading inside its app for the first time....
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GetLinks raises $500K to connect tech talent with employers in Southeast Asia
GetLinks, a Bangkok-based startup focused on helping tech companies find and hire top talent, has closed a $500,000 seed round. Read More
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500 Startups’ latest move in Asia is a $10M micro-fund in Vietnam
500 Startups is continuing its efforts to tap on Asia’s fast-growing startup scene after the U.S.-headquartered VC firm announced a $10 million fund in Vietnam. Read More
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Sky makes $45M strategic investment in Asia-based Netflix rival iFlix
iFlix, the video streaming service rivaling Netflix in Southeast Asia, has landed $45 million in fresh funding from UK broadcaster Sky. Read More
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Japan’s Gunosy invests $5M in Indonesia-based Kurio, a fellow news-reading app
In a case of one news reader app helping another, Japan’s Gunosy has invested $5 million in Indonesia-based Kurio. Read More
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InstaRem raises $5M to make overseas money transfers cheaper and faster in Asia
InstaRem, an international remittance payments startup headquartered in Singapore, has raised $5 million in a round led by Vertex Ventures. Read More
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Momo, a mobile payment firm in Vietnam, lands $28M led by Standard Chartered...
Vietnam is emerging as a technology market of note in Asia. Weeks after U.S. VC firm 500 Startups announced a fund for the country, Vietnam-based fintech startup Momo has landed a $28 million...
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Malaysia-based RecomN, which helps customers find providers for important...
RecomN, a platform that helps Malaysian and Indonesian users find service providers for important projects, will enter new Southeast Asian markets after raising $1 million in seed funding from Gobi...
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Gobi Partners and MAVCAP launch a $14.5M seed fund for Southeast Asian startups
Gobi Partners has partnered with Malaysia Venture Capital Management Berhard (MAVCAP), which claims to be the country’s largest venture capital firm, to launch a $14.5 million fund dedicated to...
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Southeast Asian mobile Internet company Garena announces $170M Series D
Garena, a Singapore-based company that makes mobile gaming, e-commerce, and payment apps, said today that it has raised a $170 million Series D. Read More
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Alibaba pours a total of $1B into Southeast Asia e-commerce platform Lazada
Alibaba just took a big step in its Southeast Asian expansion journey. The company said today that it has pumped a total investment of about $1 billion into Lazada, in a deal that makes it the...
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Alibaba’s $1B investment came just in time for cash-strapped Lazada
It’s hard to call a billion dollar exit from an emerging market anything more than a major win, but Lazada, the Rocket Internet-backed e-commerce firm in Southeast Asia, nearly ran out of money before...
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Spiralling losses show Lazada desperately needed Alibaba investment
We already know that Alibaba’s decision to invest $1 billion to buy a controlling stake in Lazada, the Southeast Asia-based e-commerce firm started by Rocket Internet, was down to money since Lazada...
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Apple Pay is now available in Singapore
Apple has launched Apple Pay in Singapore today, making it the second country in Asia after China to get the digital payment service. Read More
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Ninja Van raises $30M to build a regional logistics network in Southeast Asia
Singapore-based Ninja Van today announced $30 million Series B round aimed at building it into the go-to partner for anyone selling online in Southeast Asia. Read More
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Rocket Internet’s Zen Rooms expands its budget hotel network to Brazil
Rocket Internet-backed Zen Rooms is launching its budget hotel network in Brazil, marking its first foray outside of Asia. Read More
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Retail giant Central Group is buying Zalora’s businesses in Thailand and Vietnam
Zalora, the fashion-focused e-commerce site backed by Rocket Internet, is selling its businesses in Thailand and Vietnam to retailer Central Group, according to multiple sources close to the deal. We...
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Gogoprint wants to modernize online printing in Southeast Asia
Gogoprint is a new company based in Thailand that wants to bring the benefits of the Internet to the printing industry in Southeast Asia. Read More
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Singapore’s Jungle Ventures brings on three new operating partners
Jungle Ventures, the Singapore-based VC firm that launched a $100 million fund last year, has recruited three new operating partners to its team. Michael Smith comes from streaming service HOOQ, where...
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