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Billion-dollar startups thrive in city where talent and experience mix.

Thailand’s digital payment sector is set to grow by USD 9.1 billion in 2020 and the total transaction value could jump 13.2% to USD 1.49 billion by 2024, according to Statista. 

The Ayala Corp-backed venture fund has a very long-term perspective and is expected to boost the Philippine startup ecosystem.

From the new fund, Elevation Capital is expected to focus on new areas such as enterprise SaaS.

Following this round, the company plans to expand its 24-hour medicine delivery service to more cities in China.

This is the first time Sequoia Capital India and Flourish Ventures have invested in any Bangladeshi startup.

FoxPush’s platform uses advanced user behavioral data and features an AI-driven dedicated call center.

Mellanox is one of just several companies with Palestinian workers in the West Bank and Gaza.

China’s Venture Roundup Volume 6 covers China’s investment activity from October 4–11, 2020.

When asked by KrASIA, Didi said that it does not have a definitive IPO plan.