Catherine Shu
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The Latest from Catherine Shu
Amazon Air adds 12 new aircraft to its cargo fleet, expands its ground operations
Amazon announced today it has added 12 new cargo aircraft to Amazon Air, bringing its total fleet to more than 80 aircraft, in part because of increased demand for shipments during the COVID-19 pandem
Singapore-based caregiving startup launches Homage Health for online and home medical consultations
Homage, the Singapore-based startup that matches families and caregivers, has launched a new service that provides home medical visits, telehealth consultations and medication delivery. Called Homage
Danggeun Market, the South Korean secondhand marketplace app, raises $33 million Series C
Danggeun Market, the startup behind Karrot, South Korea’s largest neighborhood marketplace and community app, announced today that it has raised a $33 million Series C. The round was led by Goodwate
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
Gogoro unveils Eeyo, its new ebike brand
Gogoro, the mobility company best known for its SmartScooters, revealed details about its new e-bike brand Eeyo today. Eeyo will launch with two lightweight models, both powered by the SmartWheel, a s
YouTube Kids app is now available for Apple TV
YouTube Kids, the video platform’s version of its service that lets families set age categories, viewing timers and other controls, is now available on Apple TV. Country availability is listed here,
Indonesian startup Delman raises $1.6 million to help companies clean up data
Delman, a Jakarta-based data management startup, has raised $1.6 million in seed funding. The round was led by Intudo Ventures, with participation from Prasetia Dwidharma Ventures and Qlue Performa In
GoBear raises $17 million to expand its consumer financial services for Asian markets
Singapore-based fintech startup GoBear has raised $17 million from returning investors Walvis Participaties, a Dutch venture capital firm, and Aegon N.V., a life insurance and asset management provide
Benepass raises $2.4 million to help employees get the most out of their tax-advantaged benefits
Tax-advantaged benefits, like flexible spending accounts, can save employees in the United States thousands of dollars annually, and reduce the amount of payroll taxes companies pay. But those benefit
M17 sells its online dating assets to focus on live streaming
M17 Entertainment announced today that it has sold its online dating assets to focus on its core live-streaming business in Asia and other markets. Paktor Pte, which operates Paktor dating app and oth
Mapbox and SoftBank form joint venture to provide mapping tech to Japanese developers
SoftBank Corp. and Mapbox, the mapping data company that competes with Google and Here, announced that they have established a joint venture called Mapbox Japan. The JV will provide Mapbox’s mapping
SoftBank reportedly plans to sell about $20 billion of its T-Mobile shares
SoftBank Group Corp. is currently seeking buyers for about $20 billion of its shares in T-Mobile US, according to reports in the Wall Street Journal and Bloomberg. If the proposed sale goes through, i
TSMC reportedly stops taking orders from Huawei after new U.S. export controls
Taiwanese Semiconductor Manufacturing Co., the world’s largest contract semiconductor maker, has stopped taking new orders from Huawei Technologies, one of its largest customers, according to the Ni
Jack Ma to resign from SoftBank Group’s board of directors
SoftBank Group said today that Jack Ma, co-founder of Alibaba Group, will step down from its board after serving as a director for 13 years. Ma’s resignation will be effective on June 25, the date o
Singapore-based Intellect wants to lower barriers to mental health support in Asia
Taking care of your emotional well-being is as important as physical health, but in Asia, the topic is often stigmatized. Intellect, a Singapore-based startup, wants to make the idea of mental health
TSMC to build a $12 billion advanced semiconductor plant in Arizona with US government support
Taiwan Semiconductor Manufacturing Co., the world’s largest contract semiconductor foundry, said today that it plans to build an advanced chip foundry in Arizona with support from the state and the
Philippines-based home services platform GoodWork gets $1.6 million to expand in Southeast Asia
GoodWork, a Philippines-based booking platform for home services, has raised a $1.6 million seed round it will use to expand into new Southeast Asian markets. The funding was led by Chaac Ventures, a
Singapore-based data protection startup Dathena raises $12 million Series A
Dathena, a Singapore-based company that provides AI-based data protection and privacy solutions, announced it has raised a $12 million Series A. Part of the funding will be used to expand Dathena’s
SparkLabs Global Ventures promotes Jessica Jackley, co-founder of Kiva, to general partner
Jessica Jackley, co-founder of nonprofit microlending platform Kiva, has become a general partner at SparkLabs Global Ventures. Jackley was previously a venture partner at the firm, which focuses on s
Taiwan-based live streaming company M17 raises $26.5 million Series D led by Vertex Growth
M17, the Taiwan-based live streaming entertainment startup, announced that it has raised a $26.5 million Series D. The round was led by Vertex Growth Fund, with participation from Stonebridge Korea Un