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Startup Viet 2022, an annual event hosted by VnExpress to promote entrepreneurship, closes registration in seven days. The sixth edition of the competition, themed “the New Era of Innovation,” has received dozens of registrations since it opened June 13. The…
Grocery delivery app Instacart said on Friday founder Apoorva Mehta would step down from his role as chairman and leave the company once it goes public. Chief Executive Fidji Simo, the former head of Meta Inc’s Facebook app, will succeed Mehta. She joined…
Shares of Indian food-delivery company Zomato plunged 14.3 per cent to a record low today, as a one-year lock-in period for promoters, employees and other investors came to an end following last year’s listing. Zomato made a stellar debut on July 23 last year…
A federal judge on Tuesday said a former Uber Technologies Inc security chief must face wire fraud charges over his alleged role in trying to cover up a 2016 hacking that exposed personal information of 57 million passengers and drivers. The U.S. Department…
Uber Technologies on Monday said it launched pilot food delivery services with autonomous vehicles in two California cities, and said it was adding electric vehicle charging stations into its global driver app. The announcements are part of Uber’s annual…
The top brass of food delivery app Zomato are set to come together on the 17th of June to pen to paper and make the acquisition of Indian based start-up company Blinkit officially complete. The deal is set to be of a stock exchange type at a ratio of 1:10…
Social commerce startup SariSuki has introduced a new rapid grocery delivery service called Supah that delivers groceries across select parts of Metro Manila. During a media round table in Pasig City on Wednesday, SariSuki Co-Founder and Chief Executive…
Financial startup Anfin, which seeks to make stock investment easy for any user, has raised funding of $4.8 million in a Pre-Series A round from a consortium of investors. It was led by angel investor Clement Benoit and U.S.-based startup accelerator Y…
Cleanery, the innovative Kiwi eco-cleaning and personal care products company, has closed an oversubscribed Seed Round of $2.34 million. Kiwi eco-cleaning start-up attracts big name backers for Australasian growth Cleanery, the innovative Kiwi eco-cleaning…
Food delivery company, Deliveroo, in partnership with MasterChef Australia, delivers an Australian first integration campaign via Mediabrands Content Studio. Deliveroo will deliver 21,504 mini bacon me go nuts choc-tops – inspired by last night’s episode of…
E-commerce businesses are fighting for consumers’ attention at an extraordinary rate. In an industry that’s already heavily saturated, hundreds of emerging digital channels have made it increasingly difficult to stand out, writes Simon Kelly, solutions…
Electric mobility start-up, eBikeGo, has announced completing a $5 million, or over ₹ 38 crore, funding round. The company recently secured $3.5 million, or over ₹ 27 crore, in a fresh round of funding, which in addition to the $1.5 million, or over ₹ 12…
Coolmate, a Vietnamese menswear brand that is sold online, has raised US$2 million in a Series A funding round from a group of investors. The round was led by Access Ventures and included Do Ventures, CyberAgent Capital and DSG Consumer Partners. Coolmate…
Indian car rental startup Zoomcar eyes Vietnam as a major Southeast Asian market to take advantage of the rising demand for car ownership among its expanding middle class. Vietnam is set to account for 10 percent of Zoomcar’s revenues in the next financial…
South Korea’s Shinhan Financial Group said it has reached an agreement to acquire a 10 percent stake in Vietnam-based e-commerce company Tiki. The South Korean group said its two units, Shinhan Bank and Shinhan Card, will pick up 7.44 and 2.56 percent stakes…
Instant grocery startup Zepto has raised $200 million in a new financing round as it looks to expand its 10-minute delivery service to more cities in India and grow its network of dark stores. Existing backer Y Combinator Continuity led Zepto’s Series D…
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