Japan

American Express acquires Japan-based restaurant booking service Pocket Concierge

American Express made an acquisition in Japan by picking up restaurant booking service Pocket Concierge in an undisclosed deal. The acquisition was announced in Japanese and in English by James Rin

President Bolsonaro should boost Brazil’s entrepreneurial ecosystem

Romero Rodrigues Contributor Romero Rodrigues is a managing partner at Redpoint eVentures, the Brazilian-focused arm of the Silicon Valley venture firm Redpoint. More posts by this contributor Brazil&

World’s most valuable AI startup SenseTime unveils self-driving center in Japan

The world’s highest-valued artificial intelligence startup SenseTime has set foot in Japan. The Beijing-based firm announced on Friday that it just opened a self-driving facility in Joso, a hist

Nissan’s new Leaf e+ is packing more than just 226 miles of range

Electric vehicle competition is heating up and it’s pushing some of the first entrants to add range and other features in hopes of keeping up with automakers that are just bringing EVs to the ma

Huawei reportedly punishes staff for New Year’s Eve tweet sent from an iPhone

As predicted, Twitter’s subtle new feature showing from which clients tweets are sent is already embarrassing brands. Following on from a Korean boy band sponsored by LG and Apple’s own Mu

Nexon founder hints at plan to sell his $9B majority share in gaming giant

The founder of Korea’s Nexon, one of the biggest gaming companies on the planet, today appeared to acknowledge his intention to sell his controlling interest for around $9 billion. The divestme

First buses, now Shenzhen has turned its taxis electric in green push

Roads in a Chinese city have gotten much quieter in recent years. Shenzhen, widely called the Silicon Valley of hardware, has been expending resources to phase out rattling diesel vehicles chugging th

The GPS wars have begun

Where are you? That’s not just a metaphysical question, but increasingly a geopolitical challenge that is putting tech giants like Apple and Alphabet in a tough position. Countries around the world,

SoftBank Corp shares drop 14% on their first day of trading, but it’s still one of the largest IPOs ever

SoftBank Corp’s initial public offering today started with a bang before trailing off into a whimper, with the stock falling 14.5 percent during its first day of trading on the Tokyo Stock Exchange.

Walmart partners with Rakuten to open its first e-commerce store in Japan

Walmart is continuing its strategy of revamping its businesses in Asia after the U.S. retail giant opened its first e-commerce store in Japan, where it is working with local retail giant Rakuten. The

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

Google invests in Japanese AI and machine learning startup ABEJA

Google has made a rare investment in Japan after the company led a follow-on round for AI and machine learning startup ABEJA. The deal amount is undisclosed but a little digging suggests that it is l

SoftBank sets indicative share price of 1,500 yen for next month’s IPO

In a regulatory filing today, SoftBank Group said it has set an indicative price of 1,500 yen ($13.22) per share for the initial public offering of its domestic telecoms unit next month. This means th

WeChat e-wallet teams up with Line to target Japan’s 7M Chinese tourists

China’s biggest chat app WeChat is set to make its payments service more ubiquitous in Japan, a popular outbound destination for Chinese tourists. On Tuesday, the Tencent-run messenger unveiled

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

Quantum computing, not AI, will define our future

The word “quantum” gained currency in the late 20th century as a descriptor signifying something so significant it defied the use of common adjectives. At best, that is an imprecise (though ente

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

Japan is cracking down on SoftBank’s revenue

First, a couple of quick follow-ups to our coverage of Form Ds yesterday, and then a deeper dive into the challenges SoftBank is facing with regards to its revenue in Japan. Finally, some notes on rec

Travel activities startup KKday lands investment from Alibaba and Line

Taiwan’s KKday, a startup in the increasingly competitive travel activities space, has pulled in an undisclosed funding round that adds two strategic investors to its business: Chinese e-commerc

With a new deal for customers and a fresh $23 million, Mayvenn extends its hair care business

Pitching customers a new all-inclusive service for buying and installing hair, Mayvenn is looking to significantly expand its haircare business and just raised $23 million in a new round of funding to
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