Philippines

What Zuckerberg’s congressional testimony doesn’t say

There’s a lot of keen analytical hindsight on display in Facebook chief executive Mark Zuckerberg’s written testimony to Congress ahead of his appearance at hearings on Wednesday, but noth

Rappler, a new media organization critical of the Philippines government, faces closure

Rappler, a high-profile new media news organization in the Philippines, is facing closure after the Securities and Exchange Commission (SEC) revoked its registration for an alleged breach of the coun

Fighting fake news online wins these three projects accolades

There are few greater threats to democracy in the world today than the proliferation of fake news and propaganda. So it was no surprise that this year's National Democratic Institute’s (NDI) pr

Snapcart raises $10M to shed light on consumer spending in emerging markets

Taking on a giant like the $15 billion research firm Nielsen is no easy task. But tucked away in Southeast Asia, Snapcart is a two-year old company that is making progress by shining light on the bla

Twitter is testing a Twitter Lite Android app, first in the Philippines

Twitter today has nearly four times as many monthly active users outside the U.S. as it does in its home market — 260 million versus 68 million — and this week it quietly launched a new ap

Uber back running in the Philippines after it paid $9.6M in penalties

Uber has had a one-month suspension of its service in the Philippines lifted early after it agreed to pay nearly $10 million in fines and aid for drivers affected by the service being suspended, Reute

Uber suspends its service in the Philippines following ban over unregistered drivers

Uber has suspended its services in Philippines after the national regulator banned it from operating for one month. The country’s Land Transportation Franchising and Regulatory Board (LTFRB) ord

Naspers pours $5M into Coins, a fintech startup for Southeast Asia’s unbanked population

Prolific investment firm Naspers is making a push into bitcoin and financial services after it backed Philippines-based startup Coins.ph to the tune of $5 million. Coins is focused on offering financi

First Circle raises $1.3M for its SME lending service in the Philippines

First Circle, a fintech startup enabling SME lending in the Philippines, has raised $1.3 million. The capital was provided by Accion Venture Lab, which is attached to finance-focused non-profit Accio

Alibaba’s Ant Financial extends global reach with first investment in the Philippines

Alibaba affiliate Ant Financial has again extended its global reach after it completed its maiden investment in the Philippines.

Roku lands its first streaming deal in Asia with Philippines-based PLDT tie-up

Roku, the streaming media company, has netted its first deal with an operator in Asia after it announced an agreement with Philippine Long Distance Telephone Company (PLDT).

Report: Southeast Asia’s internet economy to grow to $200B by 2025

There isn't a lot of data on the potential of technology in Southeast Asia, which is why many in the industry have been excitedly flipping through a new report released today by Singaporean sovereign

Fintech’s Five Emerging Powerhouse Markets Are At A Crossroads

Accenture has warned local banking communities in Asia to wake up: It took just nine months for investment in the region’s non-banking fintechs to quadruple from 2014’s $880 million to $3.5 billio

Robocoin, The Bitcoin ATM, Adds A Way To Send Cash Overseas

Remittances – sending cash overseas – has always been bitcoin‘s killer app. Now the guys at Robocoin have made it more killer. Their new product, called Romit, is basically a way to

ZipMatch Lands $2.5M To Expand Its Property Portal Beyond The Philippines

ZipMatch, an online property portal in the Philippines, is the latest startup in Southeast Asia to receive investment from Monk's Hill Ventures and its $80 million fund. The prominent VC firm led a $2

This Week On The TechCrunch Bitcoin Podcast: An Interview With Luis Buenaventura Of Rebit

Welcome back to TCBTC, TechCrunch’s weekly podcast on the cryptocurrency bitcoin. This week Alex is on vacation so I recorded a short interview with Luis Buenaventura Of Rebit, a major Bitcoin r

CashCashPinoy Lands $2.25M To Build Out The E-Commerce Opportunity In The Philippines

Raising funding for a startup is tough. Doing it in emerging markets is tougher still. Just ask Frédéric Lévy, a serial entrepreneur who just bagged a $2.25 million Series A round for CashCashPinoy

Manila-Based Altitude Games Raises $275,000 To Develop Midcore Titles

<a target="_blank" href="http://www.altitude-games.com/">Altitude Games</a>, a Manila-based mobile game studio, has raised $275,000 in seed funding from investors Nix Nolledo, <a target="_blank" href=

Rocket Internet’s Lazada Builds Out Its Marketplace Model, While Europe Fashion Portal Zalando Gets A New Investor

<a target="_blank" href="http://www.rocket-internet.de">Rocket Internet's</a> e-commerce properties continue their march towards new horizons in all corners of the glob: in Europe, ASOS-investor and f

Filipino Gift-remittance Startup Ayannah Gets $1M Angel Round

Ayannah, a gift-remittance startup in the Philippines, just received $1 million in its first angel round. The company’s service is called Sendah, and allows Filipinos working overseas to pay for
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