PRODUCT RELEASE Volanews

Tesla Rival Xpeng Motors Into New Year Fueled By New Credit Line China’s electric vehicle startups have become investor darlings in the last year, with Nio, Xpeng and Li Auto all raising billions of dollars from the sale of their American depositary shares (ADSs) to expand their business and accelerate technological developments.

by caixinglobal

2021-01-14

INDIA NEW ENERGY Sonalika Tractors

Sonalika Becomes First Player to Launch Electric Tractor in India Sonalika’s electric tractor is equipped with a 11kW induction motor and a 25.5 kWH lithium ion battery, which can be fully charged in 10 hours using a regular home charging socket and in just 4 hours using a fast charging system.

by LiveMint

2020-12-24

SINGAPORE SBIP PRODUCT RELEASE

Singapore Invests US$9M into Programme to Grow Local Blockchain Ecosystem Funded by NRF, this national effort aims to align blockchain technology research with the needs of the industry, to facilitate the development, commercialisation and adoption of wider real-world applications.

by e27

2020-12-08

CHINA JAPAN GIANTS

Eisai And JD.com to Launch Online Dementia Service in China The joint venture will have a website where users can communicate with dementia specialists about their symptoms and treatment methods.

by KrAsia

2020-12-07

INDONESIA Unicorn Grab Indonesia

Grab Indonesia Launches Carbon Offsetting Program Through Its App The public can also make contributions through social media, by posting on Twitter with the hashtag #LangkahHijau, mentioning the official account @GrabID.

by KrAsia

2020-12-01

CHINA E-COMMERCE GIANT JD.COM

China JD.com to Launch Unified Grocery Group-Buying Service JD Youxuan (Youxuan means ‘good selection’) will go online between the end of next month and the start of January to first serve residents in East China’s Shandong province on a pilot basis.

by KrAsia

2020-12-01

SINGAPORE Startups 2C2P

SG's 2C2P Receives Myanmar License to Roll Out Cross-Border Remittance Service 2C2P will use its digital payment arm NearMe and deploy the license through its “existing payments IT infrastructure, mobile wallets, and cash agents.”

by KrAsia

2020-11-30

MALAYSIA Startups MyCash

Malaysia's MyCash Launches Crowdfunding Campaign on pitchIN to Raise US$1.2M Since its raising of a funding round from 500 Startups last year, it launched its remittance services in Singapore. Sumon said that the firm has already bagged more than 10,000 customers in the city-state.

by e27

2020-11-30

CHINA BYTEDANCE GIANTS

ByteDance And Kuaishou Venture into China’s Red-Hot Group-Buying Sector ByteDance, on the other side, has been incubating a grocery group-buying business internally, which was initially named Jinri Maicai.

by KrAsia

2020-11-27

ISRAEL Become E-COMMERCE

Israel Startup Become Releases a New Shopify App - Beprofit, to Expand Its Offerings to the E-Commerce Market With the expansion of the ecommerce landscape in light of the coronavirus, Become noticed the need for a single intuitive dashboard that ecommerce sellers can use to track and manage their profit and expenses.

by Become

2020-11-26

PHILIPPINES MALAYSIA VC

Philippines's New Wave Joins Hands with Emissary Capital to Launch US$50M Fund for ASEAN Startups New Wave will invest up to US$7.5 million in the new fund as a Limited Partner. The two firms will form a joint venture to serve as General Partners to manage the fund’s investment decisions.

by e27

2020-11-25

US VC 500 Startups

500 Startups Launches Angkor 500 to Accelerate The Developmentof Cambodian Startups Partnering with Khmer Enterprise, Angkor 500 will seek to support entrepreneurs in their efforts to establish startups and aid in their regional expansion plans.

by e27

2020-11-24

CHINA THAILAND GIANTS

Chinese Lufax Spinoff And Thailand’s KBank Launch Wealth Management Platform The application allows Lu International to tap into Southeast Asia’s second-largest economy where mutual funds only account for 10% of Thailand’s THB 44 trillion (USD 1.5 trillion) capital market.

by KrAsia

2020-11-19

CHINA GIANT OPPO

Oppo X 2021 Unveiled as The World’s First Smartphone Concept with An Extending Display Furthermore, the company also added a custom made laminate for the screen for additional protection.

by GizmoChina

2020-11-18

CHINA GIANTS Didi Chuxing

Chinese Didi And BYD Unveil World's First Tailor-Made Ride-Hailing Vehicle D1, as the new car named, is designed for the 550 million passengers and more than 10 million drivers on Didi's transportation platform.

by ChinaDaily

2020-11-17

SINGAPORE INDONESIA GIANT

SG's Grab Launches Grab Tech Center in Indonesia Located at Gama Tower in South Jakarta, the tech center covers 12,000 square meters, spanning over 9 floors.

by KrAsia

2020-11-11

INDONESIA Unicorn GOJEK

Indonesian Gojek Enters Advertisement Market with GoScreen Drivers who install GoScreen’s digital billboards will receive a share of the revenue. Promogo’s Purba said that it would increase their daily income by 15-20%.

by KrAsia

2020-11-10

EGYPT VC Cairo Angels

Cairo Angels Launches A Micro VC Fund to Invest in Startups in Middle East & Africa Cairo Angels will continue to operate its angel network as it is, investing in pre-seed and seed-stage opportunities in Egypt.

by MENAbytes

2020-11-09

INDIA US GIANT

WhatsApp Gets Approval to Launch Payments Feature in India WhatsApp, which has over 400 million users in India, its biggest market, will compete with Alphabet Inc’s Google Pay, Softbank- and Alibaba-backed Paytm and Walmart’s PhonePe.

by DealStreetAsia

2020-11-09

SOUTHEAST ASIA INDIA VC

Lightspeed Launches Extreme Entrepreneurs 3.0 for High Potential Startups in SEA, India Launched in 2018 with a mission to nurture industry-disrupting founders and companies, EE takes neither equity nor does it collect fees for the programme.

by e27

2020-11-09