hooq

Streaming service Hooq shuts down, ends partnerships with Disney’s Hotstar, Grab and others

Hooq, a five-year-old on-demand video streaming service that aimed to become “Netflix for Southeast Asia,” has shut down weeks after filing for liquidation and terminated its partnerships with Dis

Disney debuts its streaming service in India for $20 a year

Disney+ has arrived in the land of Bollywood. The company on Friday (local time) rolled out its eponymous streaming service in India through Hotstar, a popular on-demand video streamer it picked up as

Streaming service Hooq files for liquidation

On-demand video streaming service Hooq said on Friday it has filed for liquidation after it failed to grow rapidly and cover its increasing operating costs. Hooq Digital, a joint venture among Singapo

Indonesia’s ride-hailing giant Gojek launches video streaming service GoPlay

On-demand video streaming giant Netflix, which is increasingly expanding its footprint in developing markets, now has a new competitor in Indonesia: Gojek. The Indonesian ride-hailing giant on Thursda

Grab is talking to Ant Financial and PayPal about spinning out its financial services business

Grab, the $16 billion-valued ride-hailing firm that acquired Uber’s Southeast Asia business last year, is in talks with Alibaba’s Ant Financial and PayPal as it considers spinning out of i

Grab launches SME loans and micro-insurance in Southeast Asia

In its latest move beyond ride-hailing, Southeast Asia’s Grab has started to offer financing to SMEs and micro-insurance to its drivers. The launch comes just weeks after Grab raised $1.5 billio

Southeast Asia’s Grab is adding Netflix-like video streaming to its ride-hailing app

Grab is Southeast Asia’s top ride-hailing firm thanks to its acquisition of Uber’s local business last year. Its biggest competitor gone, the company is on a push to go beyond transport an

Netflix rival Iflix offloads its Africa business to focus on Asia

Iflix, the emerging-market Netflix competitor that’s backed by Sky, is leaving Africa to double down on its business in Asia. The Malaysia-based company announced today it has sold the remaining

Asian Netflix challenger HOOQ raises $25M more from Singtel, Sony and Warner

HOOQ, a Netflix challenger in Southeast Asia, has raised $25 million in capital from existing investors Singtel, Sony Pictures and Warner Brothers.

Grab, Uber’s rival in Southeast Asia, hires its first CFO

Grab, Uber's rival in Southeast Asia, has expanded its C-level team after hiring its first CFO. Linda Hoglund has joined the company from HOOQ, the Singapore-based video streaming company founded by t

Predictions On The Future Of Digital Media

It’s pundit time — this time, digital media style.  Last year I predicted challenges to YouTube’s dominance in online video, a beginning of cord cutting and the unbundling of video serv

Singtel, Sony And Warner’s New Video Streaming Service Beats Netflix To Asia

Telecom giant Singtel is planning to beat Netflix to the punch in Asia after it announced it has partnered with Sony Pictures and Warner Brothers to introduce a video streaming service in the region.