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Uber rival Go-Jek confirms $550M raise and hints at Southeast Asia expansion
Indonesia-based Go-Jek, the motorbike taxis on-demand company that competes with Uber and Grab, has confirmed that it has raised $550 million new funding and hinted that it may expand overseas. Read More
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Google Maps adds rides with Uber rivals Grab and Go-Jek in Southeast Asia
There was once a time when Uber’s big advantage over the competition was being integrated into Google Maps. That’s long passed now, however. Earlier this year, Google added a slew of non-Uber options...
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Garena’s Nick Nash explains the business behind Southeast Asia’s $4B tech giant
Nick Nash, President of Garena, discusses his company and its new focus on e-commerce and payments in Southeast Asia. Read More
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Saleswhale is a software platform to help sales teams run more efficiently
Hiring and training sales staff gets repetitive and, given the often high churn, it can be a real time suck. That’s why Saleswhale, a Singapore-based company that is part of Y Combinator’s current...
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Foodpanda is selling its Indonesia business and rethinking the rest of...
Foodpanda, the food delivery startup backed by Rocket Internet, is selling its operations in Indonesia and evaluating its presence in the rest of Southeast Asia as part of a push towards...
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Coda Payments raises $2M to enable alternative online payments in Asia
Coda Payments, one company that helps simplify the complexity of alternative payments in Southeast Asia, has raised $2 million in new funding. Read More
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Mobile classifieds startup Carousell makes first acquisition weeks after...
Less than a month after raising $35 million in new financing, social commerce and classifieds startup Carousell has made its first acquihire. The Singapore-based company has picked up most of the team...
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Smartphone sales jump 6.5% in Southeast Asia, but sub-$150 devices rule
Smartphone sales have peaked, but if you’re looking for places in the world where the trend is still upwards and the surface is just being scratched, then Southeast Asia is one place to keep in mind....
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Zilingo lands $8M for its marketplace for fashion sellers in Southeast Asia
Zilingo may not be a name known to many prior to today, but the under-the-radar e-commerce company has closed a impressive $8 million Series A round to scale its fashion-focused marketplace in...
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Google switches on new undersea cable for faster internet speeds in Asia
Google is speeding up its internet services in Asia once again. Fresh from expanding its data centers in the region — which are located in Singapore and Taiwan — last year, the company said today that...
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Roku lands its first streaming deal in Asia with Philippines-based PLDT tie-up
Roku, the streaming media company, has netted its first deal with an operator in Asia after it announced an agreement with Philippine Long Distance Telephone Company (PLDT). Read More
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iPrice adds price comparison to its one-stop e-commerce site in Southeast Asia
Southeast Asia-based shopping site iPrice has introduced a major update that bring direct price comparison to its e-commerce aggregation service. Read More
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Stripe enters Asia with its official launch in Singapore
Payment enabler Stripe has kicked off its expansion into Asia after its service went live in Singapore today. Read More
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Uber rival Grab raises $750M led by SoftBank at a $3B valuation
Grab, the largest company rivaling Uber in Southeast Asia, has confirmed that it has raised $750 million in fresh capital. This is the company’s Series F round, and it was led by existing investor...
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Uber rival Grab partners with Nutonomy to test self-driving cars in Singapore
Fresh from raising $750 million in new financing this week, Uber rival in Southeast Asia Grab is now making a move into the self-driving car space after it agreed to a partnership with NuTonomy, the...
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500 Startups announces new $50 million fund for Southeast Asia
500 Startups’ organization in Southeast Asia — 500 Durians — is back with a new $50 million fund to press on with early-stage startup dealmaking in the emerging region, which counts over 600 million...
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Southeast Asia’s Eatigo lands $10M+ from TripAdvisor for its discount...
Oh you thought location-based food deal services were done and dusted! Eatigo, a discount restaurant booking service that bills itself as the anti-Groupon, would have you believe otherwise. The...
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Alibaba-backed Lazada in talks to buy Southeast Asia grocery delivery startup...
Lazada, under Alibaba’s stewardship, is in advanced talks with Redmart, a Singapore-based grocery delivery service, to make a major investment or acquire the company outright, three sources with...
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Amazon plans to enter Southeast Asia with Singapore launch in Q1 2017
Amazon is ready to enlarge its presence in Asia. One week after it quietly introduced its Prime service to China, plans for its entry into Southeast Asia next year have surfaced. Read More
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Didi may not have invested in Asian ally Grab’s recent funding round after all
Days after Didi Chuxing agreed to buy Uber’s China business, news broke that Didi — China’s top ride-sharing service — had agreed to take part in a new funding round for Southeast Asia-based ally...
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