Baidu just acquired the startup building China’s answer to Alexa
The Chinese startup’s voice assistant app in action giving football results. Photo credit: Raven Tech. A Y Combinator-backed startup building China’s answer to Alexa has been acquired by Baidu, China’s...
View ArticleVC starts fellowship program to give tech students a jumpstart in...
Photo credit: Francisco Osorio Tech students from India’s premier engineering colleges are choosing to stay back in India instead of making a beeline for the US like they did in the past. Many of them...
View ArticleAn investor has its way: Indian court orders investigation into AskMe’s finances
Photo credit: Guardian Liberty Voice. The battle between the board of Getit Infoservices – which operated popular ecommerce and listings website AskMe – and its majority investor Astro has reached a...
View Article10 marketing jobs: Josh Talks, goGame, Fabelio and more
Looking for opportunities in marketing & public relations? We have handpicked 10 jobs for you this week. Click on the links below and apply away! Recruiting and keen to list your jobs in future...
View ArticleGrab extends GrabShare carpooling service to Malaysia and the Philippines
Photo credit: Grab. Southeast Asian ride-hailing app Grab is expanding its GrabShare service to Malaysia and the Philippines, it announced today. GrabShare is Grab’s version of UberPool, its...
View ArticleXiaomi boss’s VC makes maiden India investment
The Truebil team. Photo credit: Truebil. Online used car seller Truebil just raised US$3 million from China’s leading venture capital Fund Shunwei Capital, founded in 2011 by Xiaomi boss Jun Lei and...
View ArticleHere’s what’s going on in India’s startup ecosystem
Photo credit: Himanshu Singh Gurjar/Unsplash. India is the world’s fastest growing smartphone market, with 462 million internet users, second only to China. The number rose 23 percent last year, and...
View ArticleNew $100m fund allows institutional investors to invest in VC-backed startups
Photo credit: Pixabay. A trust fund that provides growth-stage startups a new way of raising money has launched in Singapore. CapBridge Investment Trust (CIT), unveiled today, will manage sub-trust...
View ArticleWeChat to roll out paywall for publishers
Photo credit: niloo138 / 123RF. WeChat, the massively popular messaging app with over 800 million active users mainly in China, is testing out a paywall that will allow media outlets and bloggers to...
View ArticleMeet Indonesia’s newest venture fund, backed by one of Tokopedia’s co-founders
The five founders of Indogen Capital. Clockwise from front left: Teezar Firmansyah, Leonitus Alpha Edison, Hendry Willy, Nararya Ciputra, and Chandra Firmanto. Indogen Capital is a new addition to a...
View ArticleDidi’s new plan to win over unfriendly authorities
Photo credit: Jonathan Kos-Read. On Wednesday, Chinese ride-hailing giant Didi Chuxing announced its plans for corporate restructuring 2017 in a letter to employees. Among them: the creation of a new...
View Article4 rising startups in India – Feb 16, 2017
Photo credit: damedeeso / 123RF. A used car marketplace becomes the object of a maiden investment from Lei Jun’s VC, while a couple of acquisitions and some funding round out our list of startups in...
View Article10 intern jobs in Asia this week
Good day folks! Here are the latest intern jobs in Asia this week! This list will focus on highlighting digital and tech-centric intern jobs from a healthy mix of startups and companies across tech...
View ArticleForget about Bitcoin. Invest in gold to stay financially secure
Photo credit: Pixabay. If you had invested in gold a decade ago, the value of your investment would now have increased by a substantial 82 percent. If you had chosen to put that cash in the bank...
View ArticleChinese brands make huge gains in Malaysia’s smartphone race
China’s Oppo has emerged as the biggest gainer in Malaysia’s smartphone market last year. Oppo posted a 66.8 percent jump in shipments, according to data from IDC, while Samsung leapt 17.2 percent and...
View ArticleOnline lenders like UangTeman to face new regulations in Indonesia
Image credit: gmast3r / 123RF. Indonesia’s financial services authority (OJK) is working on new rules for online money lenders, The Jakarta Globe reported earlier this week. The expected release date...
View ArticleAcer lost India’s smartphone battle. This is how it plans to win the war.
Photo credit: 123rf. At a time when the shipment of PCs is trailing that of smartphones, Taiwan-based Acer has taken a rather unusual route in India – the fastest growing market in the world. The...
View ArticleJack Ma’s Ant Financial makes first investment in the Philippines
Taguig City in the Philippines. Photo credit: Achim Voss. Just over three months after Ant Financial first made a move into Southeast Asia with an investment in Thailand, the Chinese web giant has...
View ArticleCorruption, language, lack of confidence hurt Asia’s digital workers: study
Photo credit: twinsterphoto / 123RF. The digital economy’s on its way to becoming the great equalizer of the world – but it’s got some serious obstacles to get around first. In Asia, a new report finds...
View ArticleIs Singapore’s CFE report good news for startups and investors? We asked what...
Photo credit: Pixabay. Last week, the Committee for the Future Economy (CFE) produced a report with recommendations on how Singapore can maintain its competitive position in the global economy in the...
View Article