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• Source limited to: Tech in Asia

 2020-05-21 06:45 

Tech in Asia

Vietnamese property app Hoozing gets Smilegate backing...

Hoozing will use the new funds to support the launch of its app and expand in Ho Chi Minh City....

 2020-05-21 06:20 

Tech in Asia

Ride-hailing startup Tada closes extended series A round...

The company will use the new funds to continue expanding its existing markets and explore new services like delivery....

 2020-05-21 04:00 

Tech in Asia

The dark and bright side of cloud kitchens...

Cloud kitchens are becoming a formidable force in Asia, but what are they and how exactly do they work?...

 2020-05-21 01:10 

Tech in Asia

How have you pivoted in this pandemic?...

By now, I hope you have accepted Covid-19 and the stress that it brings along as the new normal....

 2020-05-20 10:47 

Tech in Asia

Tokopedia, Lazada offer disinfection services via Seekmi tie-up...

Indonesian home services startup Seekmi said it's seeing a high demand for disinfection services as businesses start to reopen....

 2020-05-20 10:45 

Tech in Asia

Nasdaq sends delisting notice to Luckin Coffee following fraud case...

The move comes after Luckin admitted last month that US$310 million of its sales were fabricated....

 2020-05-20 10:22 

Tech in Asia

Ola cuts 1,400 jobs as revenue drops by 95%...

Ola's decision follows Grab and Uber's downsizing measures as the ride-hailing sector fights to weather the crisis....

 2020-05-20 08:49 

Tech in Asia

ProperyGuru logs 24% revenue growth in 2019...

However, PropertyGuru CEO Hari Krishnan expects growth to slow down given the economic uncertainty brought by Covid-19....

 2020-05-20 07:43 

Tech in Asia

Didi starts hiring van drivers for new cargo service...

It's looking to onboard up to 600 drivers....

 2020-05-20 07:25 

Tech in Asia

Meet the 100 top-funded fintech companies in China...

These companies are most likely to redefine the status quo in China's financial system....

 2020-05-20 05:57 

Tech in Asia

India's social commerce startups are dodging Amazon, Flipkart...

Selling non-branded goods for below US$5 helps these companies avoid competing directly with cash rich ecommerce giants....

 2020-05-20 05:29 

Tech in Asia

Crossing Borders: Tapping into Greater Southeast Asia...

What makes Taiwan an attractive market for founders to explore beyond Southeast Asia?...

 2020-05-20 04:14 

Tech in Asia

India's Khatabook raises $60m in round led by B Capital...

It plans to use the fresh capital to build tech-enabled financial services and a merchant-focused distribution platform....

 2020-05-19 11:12 

Tech in Asia

Ikea-backed home design startup Livspace lays off 450 staff in India...

It said no downsizing measures are planned for its Singapore office, where business is "looking strong."...

 2020-05-19 10:08 

Tech in Asia

500 Startups backs Vietnamese bookkeeping automation startup Bizzi...

Bizzi plans to use the fresh capital to accelerate growth as it seeks to simplify financial processes for companies....

 2020-05-19 08:09 

Tech in Asia

The emotional toll of executing layoffs...

"I can tell you that emotionally, it does not get easier the more you do it."...

 2020-05-19 07:06 

Tech in Asia

Agtech accelerator Grow launches new program in Singapore...

Singapore Food Bowl aims to spur the development of food security solutions to challenges brought by Covid-19....

 2020-05-19 06:39 

Tech in Asia

The enigmatic tycoon guiding Oppo, Vivo, and Pinduoduo...

Duan Yongping, founder of BBK Electronics, is not only a prominent figure in China's investment and tech scenes but also the man behind Vivo and Oppo....

 2020-05-19 06:35 

Tech in Asia

Uber to shut down regional headquarters in Singapore...

Uber is also laying off around 3,000 employees globally as it resizes its business amid the pandemic....

 2020-05-19 04:52 

Tech in Asia

Swiggy to lay off 1,100 employees amid dipping food delivery volumes...

Swiggy will also be scaling down or shutting down businesses that are expected to underperform for the next 18 months....

 2020-05-19 02:24 

Tech in Asia

Sea nearly doubles revenue, offers $1b in convertible notes...

Sea also narrowed its losses to US$280.8 million in Q1 from US$689.6 million in the same period last year....

 2020-05-18 23:30 

Tech in Asia

Clarification and apology regarding Oyo...

On Saturday, we published a story about Oyo....

 2020-05-18 10:23 

Tech in Asia

Indonesia's KoinWorks bags $10m from UK-based Lendable...

The P2P lender plans to use the new funds to support digital SMEs in the country during the Covid-19 pandemic....

 2020-05-18 10:07 

Tech in Asia

Singapore healthtech startup Holmusk nets $21.5m in series A round...

The round was led by Optum Ventures and Health Catalyst Capital....

 2020-05-18 09:32 

Tech in Asia

Indonesia to impose 10% digital services tax...

The new regulation may affect internet giants such as Netflix and Spotify....

 2020-05-18 08:49 

Tech in Asia

SoftBank posts record $13b loss as Vision Fund plunges...

The group recorded almost US$18 billion in losses on tech bets....

 2020-05-18 07:47 

Tech in Asia

Indonesia's Fore Coffee closes 16 stores; denies shutdown rumors...

Another 45 outlets are temporarily closed during the Muslim holy month of Ramadan, according to co-founder and CEO Elisa Suteja....

 2020-05-18 07:11 

Tech in Asia

Ant Financial to pour $73.5m into Myanmar fintech firm Wave Money...

Wave Money will leverage Ant's expertise in mobile payments to enhance its digital capabilities and services....

 2020-05-18 06:00 

Tech in Asia

After 9 applications, this startup won YC support to upskill engineers...

Edtech startup Skill-Lync aims to equip engineering students with industry-relevant knowledge and skills....

 2020-05-18 05:08 

Tech in Asia

Gojek partners with Deliveroo, other startups for delivery jobs...

The move seeks to open up additional earning opportunities for Gojek drivers affected by the circuit breaker....

 2020-05-18 04:11 

Tech in Asia

General Atlantic to invest $870m in India's Jio Platforms...

Jio has now raised a total of US$8.9 billion just in the last four weeks....

 2020-05-18 03:52 

Tech in Asia

Alibaba's Jack Ma to leave SoftBank's board...

SoftBank also announced plans to buy back up to US$4.7 billion worth of its own stock....

 2020-05-18 01:52 

Tech in Asia

After 1.8 billion downloads, a file-sharing app makes a big pivot...

Shareit won over millions of users by letting them share files without the internet. Now, it wants to tap its user base to generate advertising revenue....

 2020-05-18 01:10 

Tech in Asia

What do our readers want?...

A few months ago, we surveyed more than 200 readers and learned a lot in the process....

 2020-05-16 11:58 

Tech in Asia

Ritesh Agarwal to step down as Oyo Group CEO...

The decision to ask Agarwal to step away from the helm of the company was in the works but moved forward due to the difficult circumstances for the business amid Covid-19....

 2020-05-15 10:54 

Tech in Asia

India's Zomato to cut 13% of staff...

The food delivery startup's CEO and founder Deepinder Goyal also proposed a temporary pay cut for the entire company....

 2020-05-15 09:48 

Tech in Asia

Eight Roads Ventures leads $10m round for sales platform LeadIQ...

LeadIQ looks to focus on its expansion in Southeast Asia, with plans to bolster its Singapore team....

 2020-05-15 08:13 

Tech in Asia

Jakarta's metro rail company seeks to work with startups via new accelerator...

MRT Jakarta Accel welcomes startups with innovative products or services that can be plugged into MRT Jakarta's ecosystem....

 2020-05-15 05:00 

Tech in Asia

Citi, HSBC back Singapore fintech startup Spark in $10.5m round...

It plans to expand in other major financial centers such as New York and London....

 2020-05-15 03:58 

Tech in Asia

When fundraising during Covid-19, consider these tips before signing the contract...

The crisis caused by Covid-19 shouldn't put off startups that want to fundraise, but it's a call to be wise about the process....

 2020-05-15 03:32 

Tech in Asia

A roadmap for online travel's long, painful path to recovery...

As the pandemic continues unabated, online travel companies need a runway of 18 to 24 months to survive. But it may come at a significant cost....

 2020-05-15 03:23 

Tech in Asia

South Korean AI startup Aizen nets $4.2m to expand in Southeast Asia...

It hopes to redesign digital banking through automated machine learning technology....

 2020-05-14 11:13 

Tech in Asia

Home services platform GoodWork raises $1.6m in seed funding...

The Manila-based startup plans to use the new funds to extend its reach further into Southeast Asia, with a focus on Vietnam and Thailand....

 2020-05-14 10:07 

Tech in Asia

Indonesia's Pintek raises funds to reach students, schools hit by Covid-19...

Accion Venture Lab is the sole investor in the round....

 2020-05-14 09:56 

Tech in Asia

Grab braces for a 'long winter' as Covid-19 drags down revenues...

Grab co-founder Hooi Ling Tan said that the company's overall revenue fell lower than its pre-pandemic numbers....

 2020-05-14 07:25 

Tech in Asia

Meet the 100 top-funded fintech companies in Asia...

These companies are most likely to redefine the status quo in Asia's financial system....

 2020-05-14 05:41 

Tech in Asia

This app wants to make therapy more accessible in virus-hit Southeast Asia...

Its CEO claims the app has seen a surge in demand in the last two months....

 2020-05-14 04:32 

Tech in Asia

Data security startup Dathena nets $12m in round led by Jungle Ventures...

The Singapore-headquartered company also received investments from Caphorn, Seeds Capital, Cerracap Ventures, and MS&AD Ventures....

 2020-05-14 04:16 

Tech in Asia

A new point-of-sales race is brewing in Indonesia...

Point-of-sales startups may hold the key to digitizing thousands of merchants that still rely on offline transactions across the archipelago....

 2020-05-14 02:00 

Tech in Asia

Invoice management startup bags $900k in seed round led by Cocoon Capital...

Singapore-based FoodRazor will use the new funds to fuel its market expansion plans....

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