Of the total amount, Tencent pitched in US$145 million for a 10 percent stake in the company.
Startups are Tech in Asia’s bread and butter. As Asia’s startup ecosystems grow, we’ll be here to document both their successes and failures. From seed-stage bootstrappers to multimillion-dollar exits, every startup worth its salt deserves a chance to be heard.
The SmartNews founders and chief journalist talk about the company’s past and future.
We have written a lot about crowdfunding on Tech in Asia in the past, but few companies have had campaigns as bumpy as Ambi Labs. A Hong Kong-based startup, the...
WIGU Games is a young studio, but it’s already making a name for itself in the freemium management game arena. Doctor Life, its first title, quickly became one ...
mClinica raises funds as it scales up in the Philippines and neighboring markets.
The five startups collectively netted US$28 million in funding from Intel's VC arm.
The FamilyMart deal gives PayrollHero access to two large Philippine companies that are partners in the convenience store chain.
There are secrets that are broken; there are secrets taken to the grave; there are state secrets for which people are hanged for betraying – and then there are ...
One year after the Rakuten acquisition, Viki shows no signs of slowing down.
Soon-to-go-public Chinese car rental agency eHi buys $25M stake in top taxi hailing app Kuaidi Dache
An updated prospectus from Chinese online car rental agency eHi shows the company in April bought an 8.4 percent stake in taxi hailing app Kuaidi Dache for US$2...
GrabTaxi is one step closer to winning the taxi app war in Southeast Asia. Here's why it's getting there.
He has built, grown, and led multinational tech companies across three continents - North America, Europe, and Asia.
Michal Sadowski, founder and CEO of Poland-based social media monitoring tool Brand24, believes Indonesia is one of the most important markets for brands and bu...
The ecommerce company has jumped into America as a springboard for the world stage.
Confused about which software to buy for your business? This startup will help you make the right choice
Most Indian companies just coming online are overwhelmed by the plethora of software options for everything, from accounting to CRM and ecommerce.
This brings the taxi app’s total funding in the last 12 months to US$90 million.
The funding, rumored to be in the millions of dollars, will be used to enter Indonesia, Vietnam, and other Southeast Asian markets.
How do some startups go from zero to billions in just a few months? How did Alexander the Great, YouTube tycoon Michelle Phan, and Tonight Show host Jimmy Fallo...
The future may be bright, but the circumstances just aren't as favorable right now.
In a first-of-its-kind move, taxi app Ola has on-boarded Mumbai’s traditional *Kaali-peeli* taxis to its network. The move is an attempt to kill three birds wit...