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Bike-sharing unicorn Ofo raises fresh funds from Jack Ma’s Ant Financial
One of Ofo’s distinctive yellow bikes. Photo credit: Ofo’s Weibo. Chinese bike-sharing unicorn Ofo announced an undisclosed round of investment from Ant Financial, Alibaba’s financial affiliate, on...
View ArticleVideo: This VR heart takes learning to a whole new level
The human heart is an intricate organ, and for medical students, learning more about it can be one bloody affair – literally. That’s where Stanford hopes to help. It has created a highly detailed model...
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WeChat is more ‘sticky’ than Facebook
Photo credit: Tech in Asia / Steven Millward. In China, where Facebook is blocked and WhatsApp never took off, homegrown messaging app WeChat is still growing strongly. More importantly for the social...
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This startup uses AI to detect breast cancer from the cloud
Photo credit: Pexels. One out of two women diagnosed with breast cancer dies within five years in India. In the US, the fatality is less than one out of five, and in China, one out of four – according...
View ArticleVideo: Mario Kart 8 Deluxe on the Switch looks hella slick
Nintendo’s newest console, the portable-except-when-you-don’t-want-it-to-be Switch, had an arguably strong launch in March when it debuted with The Legend of Zelda‘s latest offering, Breath of the...
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Glints’ CEO reveals 3 top tips on creating a strong startup culture
Many first-time founders struggle to define their startup culture in the beginning. It’s not easy, but building the right culture from day one is essential for creating a successful environment and...
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WeChat sees bigger spenders as China goes cashless
Paying for Starbucks using WeChat in China. Photo credit: Tencent. China’s smartphone owners are way ahead of everyone else on the planet when it comes to paying for things with their phones. How...
View ArticleVideo: 5 startup growth lessons from WeChat’s meteoric rise
With 889 million monthly active users, WeChat is an undisputed giant of the Chinese mobile market. From Y Combinator partner Anu Hariharan’s blog post, “On Growing: 7 Lessons from the Story of WeChat,”...
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Why payments matter to everyone in the business
Image credit: oneinchpunch / 123rf This is the third premium article in this series on ecommerce and the role of payments. Payments are about more than just accepting PayPal and credit. Increasingly,...
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Autonomous pods won’t drive sports cars to extinction. Here are more smart...
From left: Amir Nivy, founder of Hapticus, Dane Fisher, general manager of global transformation & brand at INFINITI, Lawrence Morgan, CEO of Nest, Pankaj Lunia, cognitive transportation systems...
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SeedPlus raises over $18m for its first seed-stage fund
Photo credit: olegdudko / 123RF. Seed-stage startup investor SeedPlus has raised over US$18 million for its first fund, it announced today. This was the targeted amount but was oversubscribed, partner...
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Brief: 123RF buys Pixlr to bring more photo tools into its creative suite
Photo credit: Inmagine Group. Stock image library 123RF has acquired Sweden-based Pixlr for an undisclosed sum, it announced today. Pixlr is a cloud and mobile photo editor whose tools include the...
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Netflix has just found a backdoor into China
Netflix, which has not entered China, is doing something different instead: it has signed a licensing deal with iQiyi, a popular Chinese video portal, for its Netflix originals shows. Robert Roy,...
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500 Startups funds Stockbit, a social network for stock trading
Photo credit: enotmaks / 123RF Stock Photo. Indonesia’s Stockbit bills itself a “social network for stock traders.” Individual traders sign up for customizable stock market information and analytics....
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Getting your website domain right is harder than you think
Your domain is your brand. Image credit: Pexels. Imagine this: You have it. The perfect name for your brand, after hours of brainstorming and selection. You plan out your brand identity, design a logo,...
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A startup that connects people to experts from all over the world just raised...
Photo credit: kzenon / 123RF. Hong Kong-based Lynk, an online service that connects enterprise users to experts in a variety of fields, announced a US$4 million series A round today. The round is led...
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Losses at main Rocket Internet companies narrow in 2016
Photo credit: Tech in Asia. Rocket Internet has come a step closer to its goal of turning some of its biggest investments around this year. The German startup factory has reported that its “focus”...
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Paktor is merging with the startup it bought to create a social entertainment...
Photo credit: Cher VernalEQ. Singaporean dating app Paktor announced today it has merged with its recent acquisition, livestreaming service 17 Media, to form M17, a company focused on social...
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Sequoia goes solo in India’s largest funding for co-working spaces, heralds a...
Photo credit: Pexels. There were just about a handful of co-working spaces in India when Awfis started two years ago. Now, there are about 140. Awfis started in April 2015 by offering an 80-seater...
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Here’s what VCs think of startup rating tool Oddup, which just raised $6m
Core team members from L-R: Jackie Lam (COO), James Giancotti (CEO & co-founder), and Brian Chan (chief research officer). Photo credit: Oddup. Hong Kong-based Oddup, a rating tool that tells you...
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