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Da Nang
Sunday, October 25, 2020

Singapore’s Carro secures $110m in debt financing, additional equity

The development comes as the online car marketplace logs its third straight EBITDA positive quarter. Start-up - Innovation

Delving into Vietnam’s hidden unicorn

How VNLife became Vietnam’s newest unicorn, and what fresh funding is doing for this cloud communications startup. Start-up - Innovation

Flipkart, Walmart invest an additional $30m in Ninjacart

Ninjacart will use the capital to expand into new markets and build new offerings and supply chains for emerging customer segments. Start-up...

Thai logistics startup Flash Express banks $200m in series D round

Local oil major PTTOR led the round, with Durbell and Krungsri Finnovate also participating. Start-up - Innovation

Ecommerce gets a big check

Ecommerce pulled ahead in funding this week, so let’s take a look at the latest developments in this industry and other top funding news. ...

Chinese mobility firm Dida files to go public in Hong Kong

Its competition Didi Chuxing is also mulling a Hong Kong listing. Start-up - Innovation

US mulls restricting Ant, Tencent payment systems amid safety concerns, sources say

An official decision has yet to be made and is reportedly not imminent. Start-up - Innovation

Why are Pinduoduo and Alibaba selling fruits?

China is in an imported-fresh-fruit frenzy that has caught the attention of its ecommerce players. Plus, a Vietnamese audio and podcast startup has stopped...

Revolt against Apple, Google app stores gathers steam in Asia

A battle has been brewing between India's startups and Google. We take a deep dive into this global trend of startups vs app stores. ...

Alibaba to purchase 10% stake in Switzerland’s Dufry

The two entities also formed a joint venture to develop and invest in China's travel retail segment. Start-up - Innovation