Indonesia
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Finance
Partnering with Visa, emerging market lender Branch International raises $170 million
The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a…
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Trends
Boeing is moving to address potential issues in new 737s as Europe bans its plane
In the wake of the second fatal crash in six months involving Boeing 737 Max 8 airplanes, the European Aviation…
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STARTUPS
Gradient Ventures, Google’s AI fund, leads $7M investment in English learning app Elsa
Google’s Gradient Ventures, the search giant’s dedicated AI fund, is casting its eye to Asia after it led a $7…
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Trends
Singapore’s Credit Culture raises $29.5M for its soon-to-launch digital loan business
Singapore’s digital fintech companies are attracting investor attention and dollars in 2019. Fresh from Singapore Life — a digital-only insurer…
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Trends
China’s JD.com tests drone delivery in Indonesia in first overseas pilot
We hear a lot about drones having the potential to revolutionize delivery and logistics. It’s easy to be dismissive —…
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Trends
Warung Pintar raises $27.5M to digitize Indonesia’s street vendors
The digital revolution in Indonesia, Southeast Asia’s largest economy, continues to attract big money from investors. Hot on the heels…
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Finance
Go-Jek buys fintech startup Coins.ph for $72M ahead of Philippines expansion
Ride-hailing startup Go-Jek’s expansion into the Philippines ran into problems earlier this month over its ownership structure, but that isn’t…
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Trends
Grab moves to offer digital insurance services in Southeast Asia
Grab is Southeast Asia’s top ride-hailing firm, thanks in no small part to its acquisition of Uber’s local business last…
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SoftBank’s Vision Fund is preparing to invest $1 billion in Grab
SoftBank’s Vision Fund is set to continue its recent spree of investments in Asian tech unicorns. The mega fund —…
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China’s JD.com teams up with Intel to develop ‘smart’ retail experiences
Months after it landed a major $550 million investment from Google, China’s JD.com — the country’s second highest-profile investor behind…
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