Unicorn Volanews

CHINA Unicorn MEGVII

Chinese AI Unicorn Megvii Announces Plan to Expand Footprint in Smart Logistics The firm also announced on the same day the establishment of an AI logistics industry alliance, which brings together over leading 30 institutions and enterprises in the field.

by ChinaDaily

20 hours ago

INDIA Unicorn ZOMATO

Kora Investments Adds $52 Mn to Indian Zomato’s Pre-IPO Round The fresh infusion is part of a targeted $600 million growth funding round, dubbed a Series J round, that Zomato intends to close before it hits the public market in 2021.

by techcircle

2020-10-16

INDONESIA Unicorn Bukalapak

Indonesian Bukalapak Launches New Fintech Unit Buka Investasi Bersama The current offering is an extension of the financial services it has been providing since 2016. The company already runs BukaReksa, which also provides mutual funds services.

by e27

2020-10-09

CHINA Unicorn Terminus

Chinese Unicorn Terminus Announces World's First AI City The company also announced plans to establish its first overseas headquarter and R&D center in Dubai, located in District 2020, a venue that the expo area will be transformed into soon after the event is finished.

by ChinaDaily

2020-09-27

CHINA Unicorn KUAISHOU

Chinese Kuaishou Considering Hong Kong IPO with USD 50 Billion Valuation Kuaishou further announced that it plans to incubate 100,000 businesses helping them achieve RMB 1 million (USD 146,000) in annual sales.

by KrAsia

2020-09-18

CHINA Unicorn Startups

Tencent-backed Chinese Fitness App Keep Enters Unicorn Club after $80m Series E The Series E round represents the seventh funding round raised by Keep in the last six years and brings its aggregate fundraising amount to $267 million.

by DealStreetAsia

2020-05-20

CHINA Unicorn KUAISHOU

China-based Kuaishou Invests USD 30 million in Online Education Startup Huohua Siwei Huohua Siwei is currently in the middle of a new financing round, aiming to raise between USD 100 million and USD 150 million.

by KrAsia

2020-04-21

CHINA AI Unicorn

China-based AI Unicorn 4Paradigm Raises $230M, Post Money Valuation Closes to $2B With its latest funding round completed, 4Paradigm will now accelerate the pace and scale of helping global enterprises achieve digital transformation through AI.

by Jeremiah

2020-04-02

INDONESIA RIDE-HAILING GOJEK

gojek’s senior management donates 25 per cent of annual salary to pandemic affected partners The capital in the support fund will come from 25 per cent of the senior management and co- CEOs’ annual salary

by e27

2020-03-25

SINGAPORE CUSTOMER SERVICE Grab

Grab launches grocery service GrabMart in Vietnam GrabMart allows users in the southern city to order fresh and processed food and drinks from its merchant partners, including supermarkets, convenience stores and food retailers.

by DealStreetAsia

2020-03-24

INDIA REAL ESTATE OYO

India’s unicorn Oyo adds US$807M Series F after announcing restructuring plans Since 2012, OYO has expanded to 800 cities in 80 countries, including the US, the UK, and the Middle East, and some European countries.

by e27

2020-03-19

INDONESIA RIDE-HAILING GOJEK

gojek reportedly lays off employees: report gojek has reportedly laid off employees in the mid to lower level positions, as the Indonesian ride-hailing giant continues to focus on efficiency and profitability

by e27

2020-03-19

SINGAPORE RIDE-HAILING Grab

Grab-IMDA partnership aims to help Singaporean startups expand overseas Grab-IMDA partnership encourages global expansion for Singaporean startups, foodpanda embraces contactless delivery in today's afternoon news.

by e27

2020-03-18

INDONESIA RIDE-HAILING GOJEK

Gojek reportedly raises USD 1.2 billion The new investment brings the company’s funds raised in its current financing round to just under USD 3 billion.

by kr-asia

2020-03-18

INDIA New Energy Vehicle Ola Electric Mobility

Hero MotoCorp’s Pawan Munjal invests $1M in Ola Electric in Series B round Ola Electric is running several pilot programmes on electric mobility solutions in Bengaluru, Gurugram, and Nagpur.

by YourStory

2020-03-13

SINGAPORE FINTECH GrabPay

Grab enters into payments partnership with Germany’s Wirecard According to a statement, the partnership will initially focus on transactions in Malaysia, the Philippines and Singapore.

by DealStreetAsia

2020-03-13

VIETNAM POLICY RIDE-HAILING

Vietnam court asks Grab to shell out $206k for taxi firm Vinasun’s losses The court on Tuesday rejected the appeals by both companies and upheld the first-instance judgment.

by DealStreetAsia

2020-03-12

SINGAPORE RIDE-HAILING Grab

Grab launches accelerator programme in Vietnam Vietnam is the first country where Grab introduced Grab Ventures Ignite (GVI).

by e27

2020-02-28

SINGAPORE RIDE-HAILING Grab

SE Asian ride-hailer Grab raising $856m from Japan’s MUFG, TIS The fund will use the funding to offer lending, insurance and wealth management products and services for Southeast Asian consumers and small and medium-sized enterprises.

by DealStreetAsia

2020-02-26

INDONESIA E-COMMERCE JD.ID

Indonesian unit of Chinese e-commerce giant JD.com claims unicorn status: Report The e-commerce company actually reached a valuation of $1 billion last year.

by DealStreetAsia

2020-02-25