Jon Russell

Jon Russell is an Asia-based writer for TechCrunch. Formerly he was an Asia editor for The Next Web.Jon Russell is passionate about the development of the internet, technology, and startups in Asia. He is based in Bangkok, Thailand.

You can email him at jr@techcrunch.com or use his PGP key.

Crunchbase profile →

Featured Picks from Jon Russell


Latest from Jon Russell

  • North Korea reportedly hacked UK’s Channel 4 over ‘slanderous’ TV series

    North Korea reportedly hacked UK’s Channel 4 over ‘slanderous’ TV series

    North Korea’s cyber forces may never top the scalp of hacking Sony, an attack that successfully derailed plans to release a movie viewed as critical of the country, but the totalitarian state also performed a similar hit on British broadcaster Channel 4, it has emerged. A detailed New York Times report on the development of North Korea’s cyber hacking prowess, which was once… Read More

  • Samsung’s new connected tags monitor pets or kids for a week on a single charge

    Samsung’s new connected tags monitor pets or kids for a week on a single charge

    Samsung has something worth your time if you like to keep tabs on kids, pets or other cherished items. The Korea electronics giant just announced Connect Tag, a small internet-enabled device that tracks location and lasts a week between charges. In other words, this is a similar offering to existing electronic tagging devices from the likes of Tile, the U.S. startup that pulled in $25… Read More

  • IBM is using the blockchain to speed up and simplify cross-border payments

    IBM is using the blockchain to speed up and simplify cross-border payments

    The blockchain has long been seen as a method to quicken (and cheapen) cross-border payments, and now that movement — which includes a number of startups making moves privately — just got its highest profile advocate after IBM announced its own solution focused on banks. The computing giant has teamed up with blockchain startup Stellar and payment company Kickex to launch a… Read More

  • Ola raises $1.1B led by Tencent to fuel battle with Uber in India

    Ola raises $1.1B led by Tencent to fuel battle with Uber in India

    It’s been a long while coming but Uber’s chief rival in India is finally raising a big round, and joining the billion-dollar round club at the same time. Ola today announced that it has closed $1.1 billion in fresh financing. That’s the largest funding round in the company’s six-year history and its first major raise since November 2015 when it closed $500 million… Read More

  • Logistics on-demand startup Lalamove raises $100M as it approaches a $1B valuation

    Logistics on-demand startup Lalamove raises $100M as it approaches a $1B valuation

    Unicorns are like buses for Hong Kong. After living in the shadow of other cities and waiting around for its first, it now has (almost) two billion-dollar companies within months… and in the same space. GoGoVan became the country’s first unicorn in September following a merger deal with China-based 58 Suyun, and now Lalamove — another Hong Kong company specializing in… Read More

  • Airbnb’s major China rival Tujia raises $300M more at a $1.5B valuation

    Airbnb’s major China rival Tujia raises $300M more at a $1.5B valuation

    Airbnb finally got serious about the Chinese market this year, and now its chief rival in the country — Tujia — has tapped investors for $300 million more to sharpen its focus on global markets. The new funding values Tujia at $1.5 billion, the startup confirmed. That’s a big jump on the $1 billion it commanded when it last raised in 2015, but the company is going to the… Read More

  • Vertex Ventures closes new $210M fund for Southeast Asia and India

    Vertex Ventures closes new $210M fund for Southeast Asia and India

    Vertex Ventures, one of the VC funds linked to Singapore’s sovereign fund Temasek, has closed its third investment fund for Southeast Asia and India with a total of $210 million for investment. Vertex Venture Holdings operates five funds across the world, which include vehicles focused on the U.S., Israel and healthcare. This is the third installment of its fund for India and Southeast… Read More

  • Alibaba is leading a $27M investment in open source database startup MariaDB

    Alibaba is leading a $27M investment in open source database startup MariaDB

    Alibaba has spent 2017 pushing its cloud computing business and now it is preparing to make its first major investment in a Western startup in the space. The Chinese e-commerce giant has agreed to lead a €22.9 million ($27 million) investment in MariaDB, the European company behind one of the web’s most popular open source database servers, according to a source with knowledge of… Read More

  • First China, now South Korea has banned ICOs

    First China, now South Korea has banned ICOs

    South Korea has banned ICOs, the up-and-coming method of raising funding via crypto tokens, due to concerns over the potential for financial scams. China’s Central Bank became the first to outlaw ICOs, which are also known as token sales, in a move made earlier this month and now Korea is following suit. Companies from across the world have raised more than $1.8 billion this year to… Read More

  • Toshiba chip business set for $18B sale to Bain-led group backed by Apple

    Toshiba chip business set for $18B sale to Bain-led group backed by Apple

    The long-running saga over the future of Toshiba’s memory chip business — the world’s second largest supplier of NAND memory used in phones and PCs — took a big step forward after the Japanese company officially agreed [PDF] to an $18 billion sale to a consortium led by Bain Capital, which includes Apple among its backers. A deal was agreed in principle earlier this… Read More

  • Confirmed: Korean crypto exchange Korbit sold to Nexon parent for $80M

    Confirmed: Korean crypto exchange Korbit sold to Nexon parent for $80M

    The parent company of games giant Nexon has confirmed that it acquired Korea’s second largest cryptocurrency exchange, Korbit, in a deal that values it at just over $120 million. A spokesperson from NXC, the corporation that is the largest shareholder of $11.5 billion-valued Nexon, confirmed to TechCrunch that it paid 91.3 billion KRW (approximately $79.5 million) for 65.19 percent… Read More

  • AdAsia snags another $2.5M led by listed Japanese newsreader firm Gunosy

    AdAsia snags another $2.5M led by listed Japanese newsreader firm Gunosy

    Japanese news app Gunosy, which listed on the Tokyo Stock Exchange two years ago, has put its weight and money behind ambitious ad tech startup AdAsia. Singapore-based AdAsia, founded in April 2016 by Japanese ad execs Kosuke Sogo and Otohiko Kozutsumi, announced that it has raised a further $2.5 million in addition to the $12 million Series A it closed in April. The additional capital… Read More

  • Following its $25M ICO, Omise lands strategic investment from Thai bank Krungsri

    Following its $25M ICO, Omise lands strategic investment from Thai bank Krungsri

    Earlier this year Thailand-based Omise held a $25 million ICO to develop a next-generation decentralized payment network, and now the company has closed an undisclosed investment from Thai bank Krungsri (Bank of Ayudhya). Omise has raised over $20 million in VC money — the ICO was for its Omise Go (OMG) division — but this new financing is strategic in nature. The deal itself… Read More

  • Uber rival Grab quietly backed dock-less bike service oBike

    Uber rival Grab quietly backed dock-less bike service oBike

    Grab, Uber’s main rival in Southeast Asia, has made a move into dock-less bikes after the company quietly backed oBike. Singapore-based Grab invested in oBike — which was started in Singapore by Chinese founders and is present in 30 cities — as part of a $45 million Series B round that was announced in August, a source with knowledge of the deal told TechCrunch. Read More

  • Uber and Grab take their ride on-demand battle to Cambodia

    Uber and Grab take their ride on-demand battle to Cambodia

    Cambodia is set to become the newest battlefield for Uber and Grab’s ride on-demand battle after both companies expanded into the Southeast Asian country’s capital city Phnom Penh this week. Word that Grab, which recently raised $2 billion from SoftBank and Didi, is preparing to launch in the city slipped out this week. A spokesperson confirmed that the company is conducting testing… Read More

  • Ford becomes the latest automotive giant to work with Lyft on self-driving cars

    Ford becomes the latest automotive giant to work with Lyft on self-driving cars

    Unlike Uber and China’s Didi, Lyft isn’t developing its own self-driving cars. But the U.S. company sure is signing up major names to help it bridge the gap. This week it announced Ford as its latest autonomous car partner. Ford joins big names Jaguar, GM and Alphabet’s Waymo as well startups Nutonomy and Drive.ai as Lyft allies. Recently recognized as top of the industry when… Read More

  • Alibaba’s Ant Financial partners with Hutchison to develop its Alipay service in Hong Kong

    Alibaba’s Ant Financial partners with Hutchison to develop its Alipay service in Hong Kong

    Ant Financial, the Alibaba affiliate that operates payment service Alipay and other digital finance products, has continued its Asia expansion with a move into Hong Kong. Alipay and Alibaba’s MyBank digital bank dominate in China, where they are used by over 450 million consumers, and this year Ant has broadened its presence with deals in Southeast Asia, Korea and India. The idea is… Read More

  • Kik raises nearly $100M in highest profile ICO to date

    Kik raises nearly $100M in highest profile ICO to date

    The highest profile ICOs from a consumer internet company to date has come to a close after messaging app Kik raised nearly $100 million from its token sale. The exact amount is 168,732 ETH — around $47.5 million based on today’s $282 ETH price — came from over 10,000 backers. Combined with $50 million raised in a pre-sale for institutional investors the grand total is… Read More

  • Alibaba pays $807M to take majority ownership in logistics affiliate Cainiao

    Alibaba pays $807M to take majority ownership in logistics affiliate Cainiao

    Alibaba is getting serious about logistics after it agreed to invest RMB 5.3 billion ($807 million) in order to take majority ownership in subsidiary company Cainiao. Cainiao was created four years ago alongside eight other backers to bring organization in Chinese logistics, particularly around e-commerce deliveries. The company raised its first outside funding in March 2016 —… Read More

  • Equifax CEO Richard Smith has ‘retired’ following huge data breach

    Equifax CEO Richard Smith has ‘retired’ following huge data breach

    Just over a week after Equifax’s chief security officer and chief information officer “retired,” the bungling company’s CEO has made the same move after a huge data breach impacted over 140 million customers. The company announced that Richard Smith has left his role as CEO and chairman of the board effective immediately following a huge security breach which is… Read More

  1. 1
  2. 2
  3. ...