Funding rounds, founders and the next generation of Asian retail bets.
Widespread smartphone usage, increased consumer spending and a low unemployment rate have spurred investment. Vietnamese startups have invested $129 million into financial technologies, with investors saying the country has high potential for tech…
‘People are starting to wonder if doing business in China is worth it.’ African nations have been turning to Vietnam as the business environment in China becomes increasingly more difficult. African businesses started flooding to Guangzhou City after China…
MVL says drivers will not have to pay commission, and the company will make a profit from selling data. A blockchain-powered ride-hailing app which requires no commission fee from drivers will be arriving in Vietnam this July in the wake of Uber’s departure…
E-commerce payments and ID platform Nuggets has been selected to join the Access India Programme (AIP) – a prestigious initiative providing support to high-potential UK businesses seeking to establish a presence in India. In partnership with the UK India…
Locus.sh, an Indian startup which provides a platform for enterprises to manage intra-city logistics for scheduled and on-demand deliveries with data analytics capabilities, is expanding operations into Southeast Asia. The Bangalore-headquartered company has…
A new Hong Kong fashion and lifestyle incubator aims to ease collaboration for startups in fashion and retail. Called Azalvo, the platform was founded by Joanne Chow, who believes in the sharing economy and wants to provide access to resources, collaborate…
Malaysian food-delivery startup Dahmakan, which raised US$2.6 million early this year, has acquired Bangkok-based competitor Polpa for an undisclosed amount. Dahmakan co-founder Jessica Li says Polpa has been integrated into the brand. The Thai startup’s…
Capillary Technologies on Wednesday announced the raising of approximately $20 million over the past year from its existing investors, including Warburg Pincus and Sequoia Capital. The cloud-based software solutions startup uses artificial intelligence to…
Gogoprint, Southeast Asia’s leading online printing company, aims to solve one of the printing industry’s biggest pain points – high fixed costs and requisite order volumes, which particularly affect budget-conscious SMEs and startups. Gogoprint achieves this…
Oracle has launched a new six-month Oracle Startup Cloud Accelerator program in Singapore, announcing the class of six startup participants selected from hundreds of applicants. They are Arya.ai, FlexM, FOMO Pay, Hacker Trail, RL Club, and Unscrambl. These…
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Read by retail operators, investors and brand teams across Asia.