Posts Categorized: Business


Micromax

India’s Micromax eyes Russia and Eastern Europe as new smartphone markets

It’s not just China’s homegrown smartphone makers that are going global. India’s Micromax is set to launch in Russia and Romania by th...

  • October 25, 2013
  • at 2:45 pm
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Rakuten’s e-store in Thailand sees rewards from gay-friendly social marketing

Rakuten-owned Tarad.com recently launched its first ‘Get Fit and Gain Muscle’ promotion to encourage Thai guys to get fit and gain muscl...

  • October 21, 2013
  • at 6:23 pm
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supercell-thumb

Softbank and GungHo have acquired 51% of Supercell for $1.53 billion (Updated)

Update: Included Softbank’s reasons for the transaction below. The news was first tweeted by a Wall Street Journal reporter and then r...

  • October 15, 2013
  • at 6:15 pm
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A timeline of Line and its branded stickers in Thailand (Infographic)

There are 18 million Line users in Thailand, making it the messaging app’s top country outside of its home nation, Japan. This lastest num...

  • October 8, 2013
  • at 3:00 pm
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Touchpoint machines

Touchpoint installs giant iPhone-like displays to help Indonesian mall customers

Indonesian venture firm Systec Group recently installed five giant iPhone-like machines called “Touchpoint” in Plaza Indonesia mall. The...

  • October 7, 2013
  • at 3:30 pm
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Thai IT industry focuses on iOS and Android, not so much on cloud computing

Engineers and developers in Thailand are focusing on making smartphone apps and developing for trendy niches like business intelligence. Tho...

  • October 4, 2013
  • at 5:30 pm
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twitter sina eye

How Twitter’s IPO affects Sina Weibo

Sina (NASDAQ:SINA) investors are keeping a watchful eye on the news about Twitter‘s IPO. Despite the Chinese web giant’s more ...

  • October 4, 2013
  • at 1:00 pm
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the-great-gatsby-toast

Lessons and impact: the Rocket Internet empire in Asia

Rocket Internet is an incubator that hatches online businesses across the world. In Asia, Stefan Jung co-founded and spearheaded its operati...

  • October 3, 2013
  • at 9:38 pm
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metal gear solid social ops gree

GREE offers voluntary retirement to 11% of workforce, shuts Osaka office

Today it came to light that GREE is planning to offer voluntary retirement plans to about 200 employees, or 11 percent of its entire workfor...

  • October 3, 2013
  • at 10:21 am
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India’s Komli Media raises $30 million to grow its Asian online ad market

Today Mumbai-based digital media and ad platform Komli Media has announced that the company has raised a round of funding from its new inves...

  • October 24, 2013
  • at 12:30 pm
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Alibaba US IPO, thumbnail

Alibaba looks set to avoid Hong Kong after getting NYSE, NASDAQ approval for IPO

Hong Kong or New York? That’s been the question for a year as analysts follow the course of Alibaba’s much-anticipated IPO. Over...

  • October 21, 2013
  • at 5:32 pm
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Uber is coming to Bangkok

We’ve once reported that according to jobs listings, Uber was preparing to launch in Shanghai, Beijing, and Hong Kong. And we were right. ...

  • October 14, 2013
  • at 8:00 pm
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MediaTek chips to be used by Samsung, goes from local knockoffs to global juggernauts in under a year

Rumors surfaced a couple days ago that Samsung will use Taiwan-based MediaTek processors in its entry level and mid-range lines of smartph...

  • October 7, 2013
  • at 6:00 pm
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Samsung vs HTC

Smartphone boom means a record quarter for Samsung, but HTC pulls in a $101 million loss

In a very telling clash of contrasting fortunes, both Samsung (005930:KS) and HTC (TPE:2498) revealed their latest quarterly financial resul...

  • October 4, 2013
  • at 6:15 pm
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Apple India franchise stores

Apple reportedly keen to open franchise stores in 50 smaller Indian cities

Apple (NASDAQ:AAPL) looks set to try a new retail strategy in India, opening up as many as 100 Apple franchise stores in major and smaller c...

  • October 4, 2013
  • at 3:56 pm
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Alibaba invests $50 million in US-based app search engine Quixey

Chinese e-commerce giant Alibaba has invested $50 million into mobile app search engine Quixey, the California-based company announced last ...

  • October 4, 2013
  • at 12:37 pm
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mig33

First results in for mini-blog Mig33: 180,000 daily active users, 4M messages sent daily

Back in August, Mig33 said that it’s evolving to become a mini-blogging platform. While there are tens of millions of feature phone users ...

  • October 3, 2013
  • at 5:08 pm
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letv screenshot

LeTV boosts original video content with acquisition of production studio for $260 million

Chinese video portal LeTV (SHE:300104) announced today it has acquired Flower TV (花儿影视) for nearly RMB 1.6 billion ($261 million)....

  • October 1, 2013
  • at 6:21 pm
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