Chinese robot market sees rapid growth
Google, Intel, and Microsoft partner to improve cloud security
ROLE MODEL FORUM: Financial Services and the Fourth Industrial Revolution
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STARTUP INVESTMENT AFRICA
With an $8.5m war chest, Max.ng is adding ‘Keke’ tricycle taxis & lending to its portfolio In June 2019, MAX.ng, announced it had raised $6 million from Novastar Ventures, Yamaha Motor Co. Ltd, Breakthrough Energy Ventures, Zrosk Investment Management, and Goodwell Investments.
by techmoran 4 hours ago
STARTUP INVESTMENT AFRICA
Tastemakers Africa, an adventure marketplace, raises $1.4m to market African Safaris to the world Tastemakers Africa, an adventure marketplace showcasing African travel experiences to the world, has raised $1.4 million from Precursor Ventures to market its platform to tourists globally.
by techmoran 4 hours ago
Startups INVESTMENT AFRICA
Global consultancy firm Palladium is raising $40m for off-grid solar & agribusiness startups in Africa ​Palladium, a global consultancy, is raising $40m for off-grid solar and agribusiness startups operating in Kenya, Ghana and Nigeria.
by techmoran 4 hours ago
STARTUP INVESTMENT SOUTH ASIA
Amazon is acquiring 49% stake in Kishore Biyani’s Future Coupons ​Amazon is acquiring 49% stake in Kishore Biyani’s Future Coupons, the promoter entity of India’s second-largest retail chain Future Retail.
by Inc42 4 hours ago
STARTUP INVESTMENT SOUTH ASIA
Bike taxi startup Rapido acqui-hired Mumbai-based analytics startup Vahanalytics ​Bike taxi startup Rapido acqui-hired Mumbai-based analytics startup Vahanalytics. Rapido’s Captain app will use the Vahanalytics technology to detect rash driving behaviors and become a self-learning system in terms of selecting the safest riders.
by Inc42 4 hours ago
Industry report
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Strategy Analytics: Huawei Holds Key to 5G Market Reaching 160 Million in 2020

by marketwatch 2019-08-22

China’s Online Retail Sales Reached ￥4.82 trillion in the First Half of 2019, A Year-on-Year Growth of 17.8%

by Blake 2019-08-09

Chinese robot market sees rapid growth

by ChinaDaily 2019-08-23
GIANTS SOUTH ASIA INDIA
Amazon Bullish On India, Food Delivery Plans And More Despite the current economic slowdown, Amazon says that it is ready to invest more in its India business. It will be focussing on long-term goals instead of getting distracted by the short term situation such as the current economic condition of the country.
by Inc42 4 hours ago
GIANTS INVESTMENT SOUTH ASIA
OYO Expands To Las Vegas With Its First US Acquisition ​Gurugram-based hospitality chain and Homes on Friday announced that it has expanded to Las Vegas in the US in partnership with Highgate.
by Inc42 4 hours ago
STARTUP INVESTMENT SOUTH ASIA
Hyderabad-based Spa and salon software provider Zenoti raises $20M from Steadview Capital Zenoti Software, a cloud-based platform for the spa, salon, and med spa industry, on Thursday announced it has secured $20 million from Steadview Capital.
by YourStory 4 hours ago
E-COMMERCE SOUTHEAST ASIA SINGAPORE
The biggest e-commerce companies in Singapore, 2019 The end of H1 2019 marks an important milestone for e-commerce in Singapore as we draw closer to Google & Temasek’s SG$27 billion predictions on the size of the country’s internet economy by the year 2025.
by e27.co 4 hours ago
SOUTHEAST ASIA MALAYSIA Grab
Grab recommends motorcycle ride-hailing be covered under Malaysia’s new PSV rules Close on the heels of Malaysia announcing its in-principle approval for motorcycle ride-hailing services, Grab on Friday recommended that such services be regulated strictly under the country’s new public service vehicle (PSV) rules.
by DealStreetAsia 4 hours ago
Investments
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Organization Name Categories Location Funding Rounds Money Raised（$) Investors anouncedDate
Zhongneng United Rental China Unknown (jointly)￥1.5 billion yuan Industrial and Commercial Bank of China July 31, 2019
CGeneTech Biotechnology China Series A+ (jointly)￥100 million ABC international July 31, 2019
51xuanxiao ED tech China Series A ￥10 million Jiafa Education July 31, 2019
MyScoot Community India Seed (jointly)$1.7 million (Rs 11.7 crore at the current exchange rate) Lightspeed India Partners, Venture Highway, Mayfield India July 31, 2019
MindTickle Service United States Series C $40 million (about Rs 275 crore at current exchange rate) Norwest Venture Partners July 31, 2019
STARTUP INVESTMENT SOUTHEAST ASIA
Singapore-based Foodtech startup Ai Palette gets US$1M seed funding from Decacorn Capital, others Singapore-based foodtech startup Ai Palette announces that it has secured S$1.45 million (US$1 million) in seed funding led by Decacorn Capital with participation from Singapore government’s SGInnovate and Silicon Valley-based agri-foodtech-focussed venture capital (VC) firm AgFunder.
by e27.co 4 hours ago
STARTUP INVESTMENT SOUTHEAST ASIA
Indonesian Digitised veggie hawker startup Kedai Sayur raises US$4M to widen network Indonesian startup that aims to digitise vegetable hawkers, Kedai Sayur, announced today that it has closed a US$4 million new round of funding led by East Ventures, with participation of SMDV, Triputra Group, and Multi Persada.
by e27.co 4 hours ago
STARTUP INVESTMENT SOUTHEAST ASIA
Indonesia’s online P2P lending startup UangTeman raises first tranche of US$10M Series B led by Tim Draper's fund UangTeman today announced that it has closed the first tranche of its Series B round of financing led by Draper Associates, the VC firm owned by well-known American investor Tim Draper.
by e27.co 4 hours ago
INVESTMENT MIDDLE EAST ​JustClean
GCC’s laundry tech startup JustClean announces their ongoing partnership with the world’s largest professional network JustClean, the GCC’s leading laundry technology company, announced their ongoing partnership with LinkedIn, the world’s largest professional network.
by startupmgzn 4 hours ago
Startups INVESTMENT MIDDLE EAST
Meet the three startups from Egypt & Iraq that just graduated from Y Combinator’s S19 batch, receiving $150,000 investment (each) Y Combinator’s summer 2019 (YC S19) batch had 197 companies that graduated from the Silicon Valley-based accelerator program after completing the twelve-week program and presenting at its demo day earlier this week.
by MENAbytes 4 hours ago
WECHAT GIANTS CHINA
With a focus on optimizing the communication experience, WeChat launches 7.0.5 version with upgraded Floating Window feature WeChat recently launched the iOS 7.0.5 version in which the Floating Window feature has been upgraded. The new version can display document previews, notes in Favorites, web links, music, official accounts and mini programs, among other core functional scenarios, in a floating window. Up to five floating windows can be opened simultaneously.
by Ding 2019-08-23
CHINA REPORT EAST ASIA
Pinduoduo： the second quarter revenue was 7.29 billion yuan, a year-on-year increase of 169%. On August 21st, more than the US stock market before the release of the second quarter of the 2019 financial report.
by technology-info.net 2019-08-23
Zhuhai Yaohui CHINA EAST ASIA
Education Technology Company X-Bull Raised Tens of Millions Yuan in a Strategic Investment Education technology company X-Bull raised tens of millions yuan in a strategic investment made by Guangdong Zichen and Zhuhai Yaohui. The investment will be used to establish an ecosystem of AI+security.
by Frank 2019-08-23
CHINA EAST ASIA FUNDING
Cross Boarder Commodity Service Platform Xingyun B2B Raised $100 Million in a Series B+ Round Funding Cross boarder commodity service platform Xingyun B2B raised $100 million in a series B+ round funding led by Small and Medium Sized Enterprise Development Fund and followed by Oriza Holding, SinaRock, LanFund, Matrix Partner China, Eastern Bell Capital and Hongtai Capital Holding. The investment will be used to open offline shops and upgrade its global warehouse.
by Jacob 2019-08-23
INVESTMENT FUNDING CHINA
Pet Product Company FURRYTAIL Raised ￥80 Million From a Strategic Investment by Xiaomi in a Series A Round Funding and Series A+ Round Funding Pet product company FURRYTAIL raised ￥80 million in a series A Round funding and series A+ round funding led by Xiaomi and followed by Morningside Venture Capital and Vocanic Venture.
by Carol 2019-08-23
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Hot news in 24 hours
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Vietnam’s Vingroup buys e-wallet platform MonPay
2
Bike taxi startup Rapido acqui-hired Mumbai-based analytics startup Vahanalytics
3
Singapore-based Foodtech startup Ai Palette gets US$1M seed funding from Decacorn Capital, others
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