Grab will have a 60 percent stake in the consortium entity while Singtel will hold 40 percent. NewsGrab and Singtel join forces in race for Singapore digital banking license1 min read
2019 has been a year to remember for Indonesia’s tech community. InsightsYear-end review: Indonesia saw USD 2.9 billion in investment, a new unicorn, CEOs’ resignations, and big merger rumors8 mins read
Started with six people in July 2019, SuperGaming now has a 28-member team and is gearing up for the launch of its social gaming platform. InsightsThis Indian startup is building a social network around video games: Startup Stories5 mins read
Early-stage (Angel/Pre-Series A) investors committed USD 97.1 million in 2019, more than twice of USD 46.8 million in 2018. NewsEarly-stage investments doubled in India in 2019: Innoven Capital report2 mins read
Didi aims to rebuild its corporate image and ease the tension between the company and the public via an entertainment show after a series of missteps. NewsTo rebuild brand image, Didi airs variety show to promote its drivers2 mins read
Alibaba is trying to gain more control over the smart vehicle operating system. NewsExclusive | Alibaba-backed smart car startup Banma appoints co-CEO and seeks new fundraising round2 mins read
The Chinese internet giant had picked up a stake in Xpressbees with USD 35 million Series D investment in December 2017. NewsAlibaba infuses USD 10 million in portfolio company Xpressbees3 mins read
Tencent and ByteDance are also important players in this field. NewsHuawei challenges Alibaba’s teamwork platform DingTalk with new product WeLink2 mins read
The acquisition raises speculations about a Gojek’s new digital bank. NewsIndonesian lender Bank Artos officially acquired by Gojek investor and BTPN director2 mins read
The boom in China’s food and parcel delivery sector has triggered a surge in road accidents. NewsShenzhen to tighten regulation of parcel and food delivery couriers to reduce traffic2 mins read