The Weekly Snapshot: News from CTrip, Uber, Oyo’s Ritesh Agarwal, and more

CTrip is reportedly planning to delist from Nasdaq, Uber’s Asia-Pacific operations are staying headquartered in Singapore while it works things out with Hong Kong, and Oyo founder Ritesh Agarwal has set up a new venture capital firm.

Oyo founder Ritesh Agarwal / Photo credit: Oyo

You can hear all the details and more on this week’s episode of The Weekly Snapshot.

Timecodes:

00:00 – Intro music
00:16 – Chinese online travel major Ctrip plans to delist from Nasdaq, sources say
01:14 – GudangAda lays off 25 employees following series A round
02:27 – Uber plans to keep its regional headquarters in Singapore
03:26 – Tesla is looking for a country manager in Singapore
04:52 – Alibaba’s map app AutoNavi wants to revive the umbrella-sharing economy
06:52 – Oyo founder Ritesh Agarwal will invest up to US$5 million in startups via new fund
07:29 – Traveloka bags US$250 million as it recovers from Covid-19
08:45 – Line’s delivery app in Thailand banks US$110 million, merges with local food app
09:40 – StashAway gears up for expansion after raising US$16 million
10:33 – Hong Kong’s EMQ to focus on business remittances following US$20 million round

Download the full transcript here.

Episode Sponsor:

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