Southeast Asia
-
PayPal shutters Malaysia office as part of customer service reorg
Payment giant PayPal has closed its office in Malaysia as part of a restructuring of its customer support teams. The…
Read More » -
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…
Read More » -
Trends
Sequoia goes after early-stage with an accelerator program in India and Southeast Asia
Sequoia India is going deep into early-stage investing after it announced an accelerator program, Surge, which is focused on fledging…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
Trends
LetsTransport raises $13.5M to digitize and improve last mile logistics in India
India’s B2B supply chain is slowly shifting into the digital era. Following a $23 million investment for Moglix, which helps…
Read More » -
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 —…
Read More » -
Trends
Facebook purges more ‘bad actors’ in Myanmar but it still won’t commit to a local office
As Facebook continues to grasp the severity of the situation in Myanmar, where the UN has concluded that its social…
Read More » -
Trends
Byju’s targets global expansion for its digital education service after raising $540M
India-based educational startup Byju’s was widely reported to have raised a massive $400 million round and now the company is…
Read More »