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Category: Startups

Retail Asia12/03/2025
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Startups

HelloFresh New Zealand faces court for misleading consumers

2min0
Criminal charges have been filed against global food-delivery platform HelloFresh’s New Zealand business for misleading customers about the subscriptions to its service. The Commerce Commission alleges that between February 2022 and July 2023, HelloFresh offered customers a discount voucher without making clear that accepting it would reactivate their cancelled subscriptions. Commerce Commission deputy chair Anne […]
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Retail Asia10/02/2025
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ElectronicsStartups

Apple makes a power play for your subscription dollars

4min0
As previously reported by Mark Gurman, Apple Insider at Bloomberg News, Apple is showing clear signs that it intends to double down on its subscription strategy. From making significant changes to AppleCare and introducing the Apple Invites app for iCloud+ subscribers, these moves signal a clear push towards recurring revenue and a desire to integrate more services into its […]
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Retail Asia03/02/2025
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ElectronicsStartups

Apple needs a new Steve Jobs

2min0
Since early 2024 it has been quite clear that Apple is trying its hand at new product categories in an attempt to secure another source of revenue. From the canceled car project to the Apple Vision Pro, the company is struggling to come up with the next big thing. And as Apple insider Mark Gurman points out in […]
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Retail Asia30/01/2025
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ElectronicsStartups

Dufour Aerospace achieves drone milestone

3min0
Dufour Aerospace, the pioneering Swiss drone manufacturer, announced a major milestone: the completion of its first flight test campaign with a hybrid-electric system designed in-house for its Aero2 drone. The Aero2 flew several test flights in Zurich, with the hybrid system self-charging its batteries in flight. The news is significant as it completes Dufour’s vision […]
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Retail Asia08/01/2025
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Startups

Uber competitor Bolt starts recruiting Vietnamese drivers

1min0
Bolt, Europe’s first homegrown ride-hailing company and Uber’s main competitor in the continent, is now recruiting management staff and drivers in HCMC. The company’s website, which now offers Vietnamese as a language option, allows candidates to register as drivers for a weekly income running into millions of dong (VND1 million = US$39.40). Founded in 2013 […]
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Retail Asia18/12/2024
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Startups

Singapore-based fintech startup Tyme raises $250M

1min0
Singapore fintech startup Tyme Group has secured a US$250 million investment, which it calls the “largest fintech raise this year in Southeast Asia,” giving it a valuation of $1.5 billion. The company received the investment from Brazil-headquartered lender Nubank and other investors, it said in a news release Tuesday With established operations in South Africa […]
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Retail Asia05/09/2024
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Startups

Gojek to exit Vietnam

3min0
Indonesian ride-hailing and delivery company Gojek has announced it will stop operating in Vietnam starting Sept. 16 after 6 years in the market. – It said the decision, made by its parent company GoTo after assessing its market presence in Vietnam, aims to strengthen business operations and aligns with the company’s long-term growth strategy. “We […]
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Retail Asia26/07/2024
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Startups

Grab no longer buying Trans-cab, Singapore watchdog says

2min0
Grab, Southeast Asia’s biggest ride-hailing and food delivery firm, has called off its proposed acquisition of Singapore’s third-largest taxi operator, Trans-cab, according to a statement from Singapore’s competition watchdog. The Competition and Consumer Commission of Singapore (CCCS) said in the statement on Thursday evening that both Grab and Trans-cab had notified it on July 22 […]
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