Posts Categorized: Business

Lazada thumbnail

Lazada Raises $100 Million, Now Has Nearly a Quarter of a Billion Dollars to Grow E-Commerce Empire

Lazada’s $100 million round today – this is the fifth official major injection of capital – comes courtesy of existing investors Holtz...

  • June 20, 2013
  • at 10:30 am
Read More
Chinese Media: Snowden Says Cisco Helped the US Spy on China

Chinese Media: Snowden Says Cisco Helped the US Spy on China

China has been concerned about the threat Cisco poses to Chinese information security since right around the same time the US got serious ab...

  • June 19, 2013
  • at 9:00 am
Read More
security-threat

Chinese Tech Companies Are Getting Shut Out of India

Late last week, news broke that India’s Intelligence Bureau had fingered Chinese chat app WeChat as a potential threat and that the ap...

  • June 18, 2013
  • at 2:00 pm
Read More
redbus thumb

India’s RedBus Said to be on the Verge of Getting Acquired For $138 Million

There have been hot rumors going around recently that India’s bus booking platform RedBus is either on the verge of getting acquired by So...

  • June 17, 2013
  • at 10:18 pm
Read More
A Vietnamese Startup BiitBook Hunts for the E-book Publishing Market

A Vietnamese Startup BiitBook Hunts for the E-book Publishing Market

In Southeast Asia, we’ve seen the compelling rise of Ookbee and Scoop, and chat app giants like Line and KakaoTalk are also getting into t...

  • June 14, 2013
  • at 10:00 am
Read More
China ecommerce

China Leads Asia in VC Investments in E-Commerce; Sadly Acquisitions Are a Rare Sight [STATS]

Earlier today we looked at a report that has counted up $6.9 billion in investments among Asian e-commerce sites from 2010 to the present da...

  • June 13, 2013
  • at 3:00 pm
Read More
Philippine Government Gets Better, Undergoes IT Overhaul

Philippine Government Gets Better, Undergoes IT Overhaul

It’s good news that the Philippine government is now slowly saying goodbye to the traditional work routine. Government offices used to be ...

  • June 12, 2013
  • at 8:28 pm
Read More
Dropmysite Now Turns E-mails Into Business Insights

Dropmysite Now Turns E-mails Into Business Insights

Singapore-based startup Dropmysite now goes beyond back-ups. In an announcement today, it says it will now offer a service for current Dr...

  • June 12, 2013
  • at 9:00 am
Read More
china-mobile-feixin-fetion

WeChat Competitor Feixin: 100 Million Users, But Low Activity Levels

Over the past year, Tencent’s WeChat has exploded. So much so, in fact, that you might forget that other mobile messaging services wer...

  • June 11, 2013
  • at 11:30 am
Read More
Fab China Tencent investment

Fab’s $150M Backers Include Tencent and Itochu, Plans to Launch in China and Maybe Japan

American design-oriented e-commerce site Fab has just raised $150 million in the first part of its series D funding. For us, the most intere...

  • June 19, 2013
  • at 1:45 pm
Read More
Huawei India 2013

China’s Huawei to Invest $30 Million to Build Brand in India, Aims for 1 Million Smartphone Sales

Chinese telecoms firm and phone-maker Huawei is going to spend Rs 175 crore ($30 million) to build its brand in India. This push into the co...

  • June 18, 2013
  • at 10:15 pm
Read More
Paypal China

eBay CEO Sees “Encouraging Signs” That Paypal Will Finally Get Regulatory Approval in China

Paypal, the e-payments platform owned by eBay (NASDAQ:EBAY), has long been locked out of the Chinese market by policies that safeguard “se...

  • June 18, 2013
  • at 12:50 pm
Read More
Builk-logo

Thai Startup Builk Attacks One Of The Biggest Industries In The World: Construction

You probably have no idea how big the construction industry is, do you? Check it out. This year, it was a $7.2 trillion industry. By 2020, i...

  • June 17, 2013
  • at 2:30 pm
Read More
tencent-wechat-bodyguard

WeChat Looks to Take on Qihoo as New Security Feature Comes to V5.0

Last week we wrote about some of the new features rumored to be coming to version 5.0 of WeChat, but the National Business Daily is now repo...

  • June 14, 2013
  • at 9:00 am
Read More
Asia ecommerce stats 2013

Asian E-Commerce Sites Net $6.9 Billion in Investment in Past 3 Years, But Exits Still Tiny [STATS]

Asian e-commerce companies have attracted $6.9 billion across 383 deals – through funding, acquisitions, and IPOs – from 2010 to...

  • June 13, 2013
  • at 10:35 am
Read More
tokopedia

Indonesia’s Tokopedia Raises Fresh Funds From Softbank Ventures Korea

Indonesia’s C2C marketplace Tokopedia has concluded a financing round led by Softbank Venture Korea with previous investors CyberAgent Ven...

  • June 12, 2013
  • at 11:03 am
Read More
PayrollHero Expands Out of the Philippines, Tackling Southeast Asia

PayrollHero Expands Out of the Philippines, Tackling Southeast Asia

It looks like the Philippines and Canada-based payroll solutions provider PayrollHero, is gaining momentum and slowly positioning itself in...

  • June 11, 2013
  • at 4:31 pm
Read More
99designs

99designs: “There’s raw talent in Indonesia and Philippines”

Founded in 2008 by Mark Harbottle and Matt Mickiewicz, Australian crowdsourcing design site 99designs has grown to become the go-to site for...

  • June 11, 2013
  • at 9:08 am
Read More