Samsung is planning to create a US$1B fund for AI deals
It wants to make a more aggressive push into the artificial intelligence field...
Groupon Malaysia officially rebrands as O2O platform Fave
This comes a few months after KFit Group officially acquired Groupon Malaysia...
South Korea’s Naver joins self-driving car frenzy with suped-up Toyota Prius
It will be the 13th model the Korean government has granted a testing license to...
Indonesia’s NIDA Rooms aims to be profitable early next year, raises US$5.6 million
One of the long term plans for NIDA Rooms is to try and franchise an entire...
India’s Craftsvilla lays off around 100 employees
In 2015, the ethnic products e-tailer had raised US$34 million in funding, led...
Startup incubator Innovatube launches US$5M pre-seed fund to grow Vietnam’s ecosystem
With the launch of this new fund, it wants to be positioned as a VC Innovatube,...
Chinese ride-hailing giant Didi is testing international credit cards and English interface on its app
This may be a signal of an accelerated push towards global expansion Chinese...
Fintech startup MoneyTable raises US$1.5M seed funding, aims to get 1M users on-board by end of 2017
MoneyTable is a platform that helps employees explore financial options...
Ant Financial to invest US$200M into Kakao’s upcoming mobile payment subsidiary
The deal will help turn Kakao’s fintech services into a fully functional...
Edutech startup SkillLane raises funding from founder of Thai snack giant Tao Kae Noi
With the new funding, SkillLane aims to branch out to B2B services Bangkok-based...