[ad_1] Hong Kong-based travel booking platform Klook has raised US$30 million in its series B round. Sequoia Capital, Wecapital Group, Matrix Partners China and China Growth Capital participated in the round. Matrix and China Growth were already investors in the company that specializes in offering ...
Read More »Worlds apart: How different generations prefer to pay in Southeast Asia
[ad_1] By Nurin Fatini Abdul Ghani EVERYONE in this world, regardless of which generation they come from, revolves around buying and selling products or services. Even if you are the party that supplies, you still have to purchase raw materials first in order to serve your customers. With technology ...
Read More »Nearly one year after launch, Apple Pay finds limited traction in China
[ad_1] Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. After a slow start, Apple Pay is now dominating its home country, the United States, but the same can’t be said of China where it is up against a different set of challenges. ...
Read More »Foxconn To Purchase 54.5% Stake In SoftBank Subsidiary For USD600 Million
[ad_1] Taiwan’s Foxconn Group will invest USD600 million to acquire a 54.5% stake in SoftBank Group Capital Apac, an investment subsidiary of SoftBank Group in Singapore. With the acquisition, SoftBank Group Capital Apac will become a joint venture, instead of a wholly-owned subsidiary of SoftBank ...
Read More »Innovative computer-aided design software for productive companies
[ad_1] ALL things begin with an idea that leads to a design, and the science behind a design is what makes a product valuable to anyone who uses it. Design technology has become so refined over the years that designers can now even test their creations digitally and make ...
Read More »Xiaomi’s new Mi5c is the first phone to be powered by its custom chipset
[ad_1] Xiaomi may be skipping Mobile World Congress, the year’s biggest phone show, but it is still making news this week after it unveiled its first processor and the first phone it is powering. The device is the Mi5c, an updated model of its 5.15-inch Mi5 that it launched at Mobile ...
Read More »Lu Qi Appointed Director And Vice Chairman Of Baidu's Board
[ad_1] Chinese search engine company Baidu announced that starting from February 26, 2017, Baidu Group’s president and chief operating officer Lu Qi has been appointed director and vice chairman of the board of directors of Baidu. Baidu announced on January 17, 2017 its intention to ...
Read More »Indonesia: Kejora raises $80m for SEA-focused Series A fund
[ad_1] Pic: Pixabay Last month, we reported that there was a shift in venture fund focus in Southeast Asia towards the Series A level. As an example, Singapore’s Jungle Ventures had come far from its initial seed-stage debut of US$10 million, raising US$100 million for its Series A-focused fund. ...
Read More »Huawei’s shiny P10 flagships come in (almost) all the colors of the rainbow
[ad_1] If you’re bored of the same old monotone/metallic smartphone color choices, Chinese mobile maker Huawei has been thinking a little differently for its just announced P10 and P10 Plus flagship handsets — and is offering a spectrum of shades, including a striking deep blue option and a pale green. Which mostly underlines how tricky it ...
Read More »China: 500 Startups recruits new head of business to target ambitious startups
[ad_1] Edith Yeung, the new head of business in Greater China for 500 Startups. Pic: about.me SILICON Valley’s 500 Startups has been building its brand in APAC, primarily through its Southeast Asia-based fund 500 Durians, but its investments in Greater China have hardly been the focus until now. As ...
Read More »