Asia

Silver Lake to buy additional $600 million stake in India’s Reliance Jio Platforms

Silver Lake is doubling down its bet on India’s Reliance Jio Platforms. The U.S. private equity firm said Friday it is buying an additional stake worth $600 million in the top Indian telecom ope

What grocery startup Weee! learned from China’s tech giants

When Larry Liu moved to the U.S. in 2003, one of the first challenges he experienced was the lack of Chinese ingredients available in local groceries. A native of Hubei, a Chinese province famous for

YC-backed Tajir raises $1.8M to help mom-and-pop stores source inventory in Pakistan

A number of high-profile firms and startups have set up logistics networks in India in the last decade as they attempt to digitize neighborhood stores. Bangalore-headquartered startup Udaan, for insta

India’s Reliance Jio Platforms to sell $1.2 billion stake to Mubadala

Abu Dhabi-based sovereign firm Mubadala has become the latest investor in Mukesh Ambani’s Reliance Jio Platforms, joining five American firms, including Facebook and Silver Lake, that have secured s

Nanox, maker of a low-cost scanning service to replace X-rays, expands Series B to $51M

A lot of the attention in medical technology today has been focused on tools and innovations that might help the world better fight the COVID-19 global health pandemic. Today comes news of another sta

Amazon reportedly considering $2 billion stake in Indian telecom operator Bharti Airtel

Amazon .com may follow its American peer Facebook’s footsteps in securing a slice of India’s booming telecom market. The e-commerce giant, which has invested over $6.5 billion in India, is in

Prosecutors seek arrest warrant against Samsung heir Jay Lee

South Korean prosecutors said on Thursday that they have filed an arrest warrant for Samsung Group’s anointed heir Jay Y. Lee and two other former company executives as part of a sprawling inves

Google and Walmart establish dominance in India’s mobile payments market as WhatsApp Pay struggles to launch

In India, it’s Google and Walmart-owned PhonePe that are racing neck-and-neck to be the top player in the mobile payments market, while Facebook remains mired in a regulatory maze for WhatsApp P

Facebook strikes global licensing deal with Indian music label Saregama

Facebook said on Wednesday it has entered into a global deal with Saregama, one of India’s oldest and largest music labels, to license its music for video and other social experiences across its epo

Facebook and PayPal invest in Southeast Asian ride-hailing giant Gojek

Facebook and PayPal have made investments in Gojek, joining Google and Tencent among other high-profile technology firms that have backed the five-year-old Southeast Asian ride-hailing startup that al

Google pulls ‘Remove China Apps’ from Play Store

Remove China Apps, an app that gained popularity in India in recent weeks and did exactly what its name suggests, has been pulled from the Play Store. The top trending app in India, which was download

A service that detects ‘China apps’ goes viral in India

The app’s name says it all: Remove China Apps. Developed by a self-proclaimed “Indian startup” named OneTouch AppLabs, Remove China Apps crossed 1 million downloads within 10 days of

China Roundup: SoftBank leads Didi’s $500M round and Meituan crosses $100B valuation

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Last week, we had a barrage

India’s richest man built a telecom operator everyone wants a piece of

As investors’ appetites sour in the midst of a pandemic, a three-and-a-half-year-old Indian firm has secured $10.3 billion in a month from Facebook and four U.S.-headquartered private equity fir

India rejects Walmart-owned Flipkart’s proposed foray into food retail business

The Indian government has rejected Flipkart’s proposal to enter the food retail business in a setback for Walmart, which owns a majority of the Indian e-commerce firm and which recently counted its

Singapore’s micromobility startup Beam raises $26 million

Beam, a Singapore-headquartered micromobility firm that offers shared e-scooters, has raised $26 million in a new financing round as it looks to expand its footprint in Korea, Australia, Malaysia, New

Huawei’s terrible week

When news broke Friday morning that Britain is looking to propose an alliance of democracies to build a 5G alternative to Huawei, you might think that that was the worst thing to happen to the contro

SoftBank led $500M investment in Didi in China’s biggest autonomous driving round

The race to automate vehicles on China’s roads is heating up. Didi, the Uber of China, announced on Friday an outsized investment of over $500 million in its freshly minted autonomous driving su

Google makes sharing Plus Codes easier in a push to simplify addressing system globally

Two years ago, Google open-sourced Plus Codes, a digital addressing system to help billions of people navigate to places that don’t have clear addresses. The company said today it is making it easi

How Grab adapted after COVID-19 hit its ride-hailing business

The COVID-19 pandemic is taking a heavy toll on ride-hailing services, like Uber and Lyft. Grab, Southeast Asia’s largest ride-hailing company, has also been impacted, but the company has adapte
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