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India-based Affle acquires Singapore’s O2O platform Shoffr

Singapore's online to offline (O2O) platform, Shoffr, has been acquired by Microsoft-backed consumer intelligence group, Affle. The acquisition includes the business,...

Line invests US$20M to produce first Thai unicorn

With the ScaleUp program, Line Thailand and Line Ventures target to have the first Thai unicorn within the next three to...

Philippines-based insurtech startup, Saphron, raises US$1M in seed funding

Saphron has secured US$1 million seed fund coming from fintech-focused venture capital firm Sage and venture lab Talino Labs, a venture...

Ukrainian hackers use quizzes to access Facebook user data

A report from CNN notes that a pair of Ukrainian hackers used seemingly unsuspicious online quizzes and surveys to gather private...

Airbnb acquires last-minute hotel booking service HotelTonight

Airbnb’s more than US$400 million acquisition of HotelTonight will enable Airbnb for the development of an end-to-end travel platform that allows...