From Online payment to eCommerce
Trax acquires European image recognition startup Qopius to expand digital retail presence
Trax, a retail tech unicorn with a valuation of US$1.4 billion, announced today that it has acquired Qopius, a Europe-based image recognition company that has raised close to US$1.8 million. The company refused to comment on the terms of the deal. Trax CEO Joel Bar-El said that Qopius’ expertise in digitising supermarket shelves across Europe […]
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Blessing in disguise: How coronavirus is helping China’s tech sector
The novel coronavirus –now named COVID-19– that surfaced a few weeks ago has now seen cases in several countries around the world. The fear over the spread of the new coronavirus has led millions of people in China to remain at home. Given China’s role in the global supply chain, businesses both in China and […]
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Blessing in disguise: How coronavirus is helping China’s tech sector
The novel coronavirus –now named COVID-19– that surfaced a few weeks ago has now seen cases in several countries around the world. The fear over the spread of the new coronavirus has led millions of people in China to remain at home. Given China’s role in the global supply chain, businesses both in China and […]
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[Updated] Actor, startup investor Ashraf Sinclair passes away, aged 40
Updates: The article has been updated to include statement from Khailee Ng, Managing Partner at 500 Startups. Malaysian actor and former Venture Partner at 500 Startups Ashraf Sinclair had passed away in Jakarta at 4AM local time, various media reported. The actor and investor was 40 years old. According to a Kompas report, the cause […]
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Actor, startup investor Ashraf Sinclair passes away, aged 40
Malaysian actor and former Venture Partner at 500 Startups Ashraf Sinclair had passed away in Jakarta at 4AM local time, various media reported. The actor and investor was 40 years old. According to a Kompas report, the cause of death was heart attack. Following a successful acting career in Malaysia and Indonesia that began in […]
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gojek purchases US$30M stake in Indonesian taxi operator giant Blue Bird
Indonesian ride-hailing giant gojek has purchased a 4.3 per cent stake at local taxi operator Blue Bird for US$30 million, Bloomberg confirmed. Citing people with knowledge of the matter, the report confirmed an earlier report which was published in December 2019 that gojek is buying a minority stake in the company. In a stock exchange […]
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