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Southeast Asia financial comparison startup Jirnexu lands $3M to expand to...
Malaysia-based fintech startup Saving Plus has closed a $3 million Series A round and renamed itself as Jirnexu. Read More
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NuTonomy raises $16M to make self-driving taxis a reality by 2018
Another week, another story about a promising independent self-driving vehicle company. Last week, Otto came out of stealth to offer autonomous technology for trucks, and today MIT spinoff NuTonomy...
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Report: Southeast Asia’s internet economy to grow to $200B by 2025
There isn’t a lot of data on the potential of technology in Southeast Asia, which is why many in the industry have been excitedly flipping through a new report released today by Singaporean sovereign...
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Althea raises $3.5M to sell Korean beauty products online in Southeast Asia
Althea, a Korea-based company that exports and sells cosmetics and beauty products to Southeast Asia, has closed a $3.5 million Series A round for expansion. Read More
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SeedPlus is an early-stage fund focused on finding global startups in...
There’s a new early-stage fund in town — town being Southeast Asia. Singapore-based Jungle Ventures, the VC firm that launched a $100 million fund last year, today announced a new fund focused on seed...
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FinAccel takes on Southeast Asia’s lending industry with easy online credit...
Credit card penetration is one of those problems that isn’t really a ‘problem’ in the West. In the U.S. alone, 232 million adults are said to own at least one credit card, with 18 percent of consumers...
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Facebook is testing social commerce payments in Southeast Asia
Facebook is expanding its focus on payments with a new trial in Southeast Asia that allows users to pay for products listed on Facebook Pages with just a few clicks. Read More
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Carro lands $5.3M to expand its car sales and services platform in Southeast...
Carro, a Singapore-based online marketplace for buying and selling cars, has landed $5.3 million to expand its service across Southeast Asia. Read More
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Golden Gate Ventures closes new $60 million fund for Southeast Asia
Singapore-based Golden Gate Ventures has closed a new $60 million fund for Southeast Asia’s rapidly-growing startup ecosystem. Read More
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Grab adds Alipay support to its taxi on-demand service in Southeast Asia
Grab, the billion dollar company rivaling Uber in Southeast Asia, just made a move to tap into Chinese tourism after it added support for Alipay, China’s largest digital payment service. Read More
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Southeast Asia’s aCommerce raises $10M to prepare for Series B
aCommerce, a Bangkok-based startup that helps e-commerce companies in Southeast Asia run their businesses, has landed $10 million in new funding ahead of a planned Series B raise later this year. Read...
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Omise lands $17.5M Series B to expand its Stripe-like service in Southeast Asia
Omise, a Bangkok-based payment enabler much like Stripe, has raised a $17.5 million Series B round to expand its reach across Southeast Asia. Read More
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KK Fund announces second fund for early-stage startups in Southeast Asia
Good news for early-stage startup founders in Southeast Asia: KK Fund just completed the first close of a new fund for seed stage investments. Read More
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Grab, Uber’s rival in Southeast Asia, is developing a mobile payments platform
It isn’t often that ride-sharing companies can introduce new services or products that really go much beyond what they already offer, but that’s what Grab, the company rivaling Uber in Southeast Asia,...
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Uber focuses on services as it begins to see profits in Southeast Asia
Uber has abandoned its ‘land grab’ approach to Southeast Asia and instead switched its focus to new products and services as it begins to see profitability in key markets in the region. Read More
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Grab CEO: Didi victory shows we can beat Uber in Southeast Asia
Didi Chuxing’s proposed acquisition of Uber’s Chinese business hasn’t even been confirmed, but the gravity of the deal — Didi will hold stakes in all of the planet’s top ride-sharing firms — has...
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Southeast Asia-based Carousell raises $35M for its social commerce app
Carousell, a four-year-old company in Singapore behind a listings app that enables peer-to-peer selling, has closed a $35 million Series B round to grow its reach into new countries and increase...
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Looking beyond the hype at fintech in Southeast Asia
According to KPMG and CB Insights, a total of $5.7 billion was invested in fintech in the first quarter of 2016 alone. While companies in China and the U.S. receive most of this funding, Southeast...
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Indonesia’s Go-Jek raises $550 million to battle Uber and Grab
Go-Jek, the on-demand motorbike taxi service that rivals Uber and Grab in Indonesia, has closed $550 million in new funding, a source close to the company told TechCrunch. The deal values Go-Jek at...
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Uber rival Grab is raising at $2.3B valuation, reportedly burning $35M a month
Grab, the company that rivals Uber in Southeast Asia, is in negotiations to close a new round of funding that could value it as high as $2.3 billion, multiple sources close to talks told TechCrunch....
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