WHO Declares Coronavirus Outbreak a Global Pandemic
The World Health Organization (WHO) has declared coronavirus disease 2019 (COVID-19) a global pandemic Wednesday as more people get infected...
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Singapore-based Retail Tech Firm Trax Acquires Survey.com
Trax, a Singapore-headquartered retail-focused computer vision and analytics firm, announced its acquisition of US-based Survey.com.
Gaming Investor Play Ventures Leads $1m Seed Funding in mod.io
Play Ventures, an early-stage gaming venture capital fund based in Singapore and Finland, has led the US$1-million seed funding round...
Indonesia’s Lippo Group Bets Big on SG Payment Startup MoolahGo
Lippo Group, an Indonesian multinational conglomerate that established OVO eWallet, has made a strategic investment in Singapore-based multi-currency payment specialist...
ST Telemedia Acquires Cloud-Native Service Provider CloudCover
ST Telemedia, a Singapore-headquartered investor in the communications, media, and technology (CMT) space, has acquired a majority stake in CloudCover.
Karbon Card, Fintech Firm That Issues Corporate Cards to Startups, Raises $2m
Karbon Card, a financial technology company that issues corporate cards to Indian startups, has raised US$2 million in seed funding,...
As Esports Audience Set to Reach 645m in 2020, SG-based Tournament Platform ESPL Raises Funds
Esports Players League (ESPL), a new global esports tournament network and platform, closed a seed funding round backed by 500...
Indian Unicorn Zomato Buys Uber Eats in India for $206m
Zomato, India's food delivery unicorn, has acquired Uber's food delivery business in India for $206 million, according to a US...
Korean Firm Develops Simple Tester To Detect COVID 19 in 10 Minutes
A South Korean company has developed a simple tester that could detect if a person is infected with coronavirus disease...
Indonesia’s Visinema to Boost Animation Production After Raising $3.25m
Visinema, an entertainment and IP development company based in Indonesia, is set to build its capacity in animation production after...
Philippine Fintech Startup Jungle Gets Lending License
Purchase lending startup Jungle announced that it has secured a license from the Securities and Exchange Commission to start operating...
Grab Gets $850m from Japanese Investors to Boost Financial Services
Singapore-headquartered Grab, Southeast Asia’s leading super app, announced Tuesday that it has raised over $850 million from Japan's MUFG and...
Crypto Security Firm CoolBitX Raises $16.75m from Japan’s SBI, others
Blockchain security firm CoolBitX Technology has secured $16.75 million in its Series B funding round led by Japanese financial group...
As Coronavirus Spreads, South Korea’s Economy Could Feel the Chill
South Korea now has seven confirmed fatalities from the new coronavirus with 763 cases. The government has placed the country...
Asia Pacific Posts Large Fintech Fundraising Gains in 2019
The Asia Pacific region saw large fintech fundraising gains in 2019, offsetting the 3.7% drop globally, according to consulting firm...
Sieu Viet, Vietnam’s Online Recruitment Platform, Eyes Expansion After Raising US$34m
Vietnam’s online recruitment platform, Transcendental Human Resources JSC, known locally as Sieu Viet, has raised US$34 million from Singapore-headquartered private...