Asia

Vodafone Idea shares tumble 23% after India orders it to pay billions in dues

Shares of Vodafone Idea fell by more than 23% on Friday after India’s apex court ordered the country’s second-largest telecom operator and Airtel, the third-largest telecom network, to arrange and

7-month-old Simsim secures $16M for its social commerce in India

Simsim, a social commerce startup in India, said on Friday it has raised $16 million in seven months of its existence as it attempts to replicate the offline retail experience in the digital world wit

The US is charging Huawei with racketeering

Ratcheting up its pressure campaign against Huawei and its affiliates, the Department of Justice and the FBI announced today that it has brought 16 charges against Huawei in a sprawling case with majo

Catching up on China’s tech influence operations in America

It’s been a dizzying few weeks following all the China news emanating from Washington, DC these days. While a “phase one” trade deal with China has been signed and appears to be moving forward a

India’s Vedantu scores $24M more for its online tutoring service

Vedantu, a Bangalore-based startup that operates a learning app aimed at students aged between 12 to 18, has secured an additional $24 million as part of its Series C financing round. With the infusio

MWC hangs by a thread after Nokia, DT and other big names back out

More big names are stepping Mobile World Congress, the world’s biggest phone and telecom trade fair, prompting the organizers to urgently decide what they wish to do going forward. Nokia, one of

MoEngage lands $25M for its mobile-first customer engagement platform

MoEngage, a San Francisco and Bangalore-based startup that helps firms better understand their customers and improve their engagement, has raised $25 million in a new financing round as it looks to gr

4 factors to consider before entering international markets

Avoid costly hurdles and achieve the best results without reinventing the wheel for every launch.

Samsung teases videocalling on its next foldable during the Oscars

It was South Korea’s — rather than Netflix’s — night at the Oscars, thanks to Bong Joon-ho’s biting class satire Parasite, which won a well-deserved best picture.  But t

Uber claims top spot in Indian ride-hailing market

Uber facilitated 14 million rides a week in India last year, the American ride-hailing firm said as it claimed the tentpole position in the key overseas market. In a report (PDF) published on the sid

Indian education startup Byju’s raises $200M from General Atlantic

Indian education firm Byju’s said on Friday that General Atlantic, an existing investor in the startup, has pumped additional money to join its new, ongoing financing round. While the Bangalore-

Twitter-backed ShareChat eyes fantasy sports in India

The growing market of fantasy sports in India may soon have a new and odd entrant: ShareChat . The local social networking app, which in August last year raised $100 million in a financing round led b

Google and Facebook turn their backs on undersea cable to China

Google and Facebook seem to have resigned themselves to losing part of the longest and highest-profile internet cable they have invested in to date. In a filing with the Federal Communications Commiss

YouTube has seen soaring growth in South Korea

Earlier this week, Google released revenue figures for YouTube for the first time in the product’s history, revealing that the video service pulled in $15.1 billion in advertising revenues in 2019.

Instamojo acquires Times Internet’s GetMeAShop to serve more small businesses in India

Instamojo, a Bangalore-based startup that helps merchants and small businesses accept digital payments and sell on the web, has acquired Gurgaon-based startup GetMeAShop. The deal is worth $5 million

Disney+ to launch in India through Hotstar on March 29

Hotstar, a lesser-known Disney-owned service which has set global streaming records, is about to have a very busy few months. Disney plans to bring its on-demand streaming service Plus in India throug

Truecaller hits 200 million users

Truecaller, one of the world’s largest caller-identification service providers, has amassed 200 million monthly active users and is increasingly proving that it can turn a profit, it said Tuesday. T

Jenfi wants to solve small business lending in Southeast Asia

Small business lending is a huge market that has attracted massive attention from VC investors in recent years. Startups like Kabbage have raised more than a billion dollars in venture capital and deb

Two-year-old Indian edtech startup Doubtnut raises $15M

Doubtnut, a Gurgaon-based startup that operates an app to help students learn and master concepts from math and science using short videos, has raised $15 million in a new financing round as it looks

How Bykea is winning Pakistan’s ride-hailing and delivery market

Increasingly, the streets of Karachi and Lahore are being flooded with men riding bikes and wearing green T-shirts, a writer friend recently told me. In a sense, these men represent the emergence of P
Load More