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Indonesian fintech startup Akulaku injects US$35M into local bank

Indonesian online financial services startup, Akulaku, is investing IDR 500 billion (US$35.4 Million) into a local banking institution, Bank Yudha Bhakti...

Vietnam’s FastGo prepares to launch its ride-hailing service in Singapore

FastGo, a Vietnamese ride-hailing app, plans to launch in Singapore next month as it looks to expand in Southeast Asia. Drivers...

Indonesia’s Mobilkamu, an online dealer platform for new cars, raises Series A funding round

Mobilkamu, Indonesian online automotive dealer platform, has secured an undisclosed amount in a Series A round led by East Ventures and...

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...

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...

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...

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,...

GOJEK partners with Esso and DBS for driver perks

GOJEK drivers will be able to enjoy discounts of at least 20 percent when refueling their cars at any of Esso’s...

Forty percent of European ‘AI startups’ don’t use AI, claims study

Artificial intelligence or AI is one of the most misused terms in tech today, and new research shows how hyped this...

Ride-hailing startup, Grab, secures US$1.5B from Softbank Vision Fund

Southeast Asian ride-hailing giant Grab announced a US$1.46 billion investment by the Softbank Vision Fund (SVF), bringing in the total financing...

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5 big social media trends in 2019 [Infographic]

Just by being active on social media, or consistently engaged in social media marketing is not enough. You need to stay...

India’s CityFurnish raises US$5M Series A

Cityfurnish, an India-based online rental marketplace for furniture and consumer appliances, has bagged US$5 million in a Series A round from...

Mozilla Firefox now stops websites from tracking users, including Google Analytics

After more than a year ramping up its privacy protections, Firefox will now stop thousands of web trackers by default, preventing...

Singapore’s healthtech startup, Plano, bags undisclosed sum from billionaire, Peter Lim

Singapore-based healthtech startup, Plano, has raised an undisclosed amount in a series A funding round from several investors, including a seven-figure...

Bytedance invests more than US$182M in Chinese sports platform, Hupu

Leading Chinese sports commentary and news platform, Hupu, has raised US$182 million from Bytedance, the Chinese operator of several machine learning-enabled...

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