business

China’s JD.com teams up with Intel to develop ‘smart’ retail experiences

Months after it landed a major $550 million investment from Google, China’s JD.com — the country’s second highest-profile investor behind Alibaba — has teamed up with another U

Salesforce doubles down on Japan with dedicated $100M fund

It’s been a good week for Japanese startups. Fresh from Google making a rare investment in the country when it backed AI startup ABEJA, Salesforce — another U.S. tech titan — has ann

Still a year away from launch, Meg Whitman and Jeffrey Katzenberg’s Quibi keeps adding talent

Video won’t start rolling on Meg Whitman and Jeffrey Katzenberg’s new bite-sized streaming service with the billion-dollar backing until the end of 2019, but talent keeps signing up to com

India’s Drivezy raises $20M for its on-demand vehicle rental service

It’s been a year for on-demand services in India. Drivezy today became the latest to refuel after it raised a $20 million Series B. The round was led by existing investor Das Capital, with pa

Topica raises $50M for its online learning services in Southeast Asia

Vietnam’s startup ecosystem is making forward progress. Just a week after 500 Startups’ local entity closed a $14 million fund for early-stage investments, one of the country’s elder

That Logitech and Plantronics deal is now dead

In a statement issued today, Logitech International said that while it had engaged in discussions with Plantronics about a potential transaction, it had terminated the negotiations. Over the weekend 

Cross-border fintech startup Instarem raises $20M for global expansion

Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The round is led by MDI Ventures — the

SoftBank’s Deepcore and accelerator Zeroth team up to hunt early-stage AI opportunities

Two early-stage AI programs are joining forces because, even in the world of artificial intelligence, two heads are better than one. Hong Kong-based accelerator Zeroth — which recently grabbed a

Cities that didn’t win HQ2 shouldn’t be counted out

Now that the hysteria is over and cities have stopped asking “how can we get Amazon,” we’d like to ask this: How can cities build stronger startup ecosystems for the Amazon yet to be built?

Pitching a $99 tax advisory service for the masses, Visor has raised $9 million

The only sure things in this life, according to Ben Franklin, are death and taxes. And a new startup called Visor has just raised $9 million in financing to make one of them as painless as possible.

Chinese WeWork rival Ucommune raises $200M to go after international growth

China’s Ucommune, the country’s largest rival to WeWork, has been on a busy acquisition spree to build out its domestic business and now it is looking at overseas opportunities after it cl

Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense

Nigerian consumer data analytics firm Terragon Group has acquired Asian mobile marketing company Bizense in a cash and stock deal.

Korean AI startup Skelter Labs lands strategic investment to expand to Southeast Asia

Korean AI startup Skelter Labs is expanding to Southeast Asia after it pulled in undisclosed funding from Singapore-based VC firm Golden Gate Ventures. Skelter Labs was founded in 2015 by founded by

FabFitFun surpasses $200 million in revenue as it hits million-subscriber milestone

At least one million people will be receiving the next FabFitFun box as the Los Angeles company surpasses $200 million in revenue and continues its run as one of the startups to watch in the Los Angel

Anti-fraud startup Shape Security raises $26M in Series E round to drive global expansion

Shape Security, a fraud-fighting cybersecurity company, has closed a $26 million round of Series E funding. This will be the fifth round of funding — more than $130 million — since the Mountain Vi

KKR’s latest Southeast Asia bet is a $144M investment in PropertyGuru

Global investment giant KKR is warming up to Southeast Asia after it made a third high-profile investment. The firm — which has nearly $150 billion in assets under management — has cut a 

Study: Latinx women-led startups have raised 0.4% of VC since 2009

Digitalundivided's latest report highlights the disparity in funding for Latinx female-founders.

Lessons from building Brex into a billion-dollar startup

When I think about my experience as an immigrant and entrepreneur in Silicon Valley, I remember growing up in Brazil and how we saw tech founders and CEOs as kings. We imagined what it would be like t

Atlassian launches the new Jira Software Cloud

Atlassian previewed the next generation of its hosted Jira Software project tracking tool earlier this year. Today, it’s available to all Jira users. To build the new Jira, Atlassian redesigned

Building a great startup requires more than genius and a great invention

Many entrepreneurs assume that an invention carries intrinsic value, but that assumption is a fallacy.
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