rakuten

Glovo gets $134M to beef up its on-demand delivery business

Spanish startup Glovo, whose platform lets app users summon a gig economy worker to shop on their behalf, be it for a takeaway burger or a multi-bag supermarket shop, has bagged a €115 million (~$13

Spain’s Cabify ‘categorically denies’ that it is in negotiations for a full or partial sale to Lyft

Transportation-on-demand service Lyft, now valued at over $15 billion after raising another $600 million in June, is on the hunt to scale its business. One move it might not be making soon, however, i

“Everyone is talking to everyone” — rideshare investor bypasses Uber-Careem rumor

Ride-hailing giant Uber is in talks over a possible merger with Middle East rival Careem, according to Bloomberg — citing three people familiar with the matter. The report suggests various dea

Marketplace giants sign EU pledge to remove dangerous goods faster

Ecommerce giants Alibaba, Amazon, eBay and Rakuten have agreed to speed up the removal of dangerous goods being sold on their online marketplaces within the European Union. The EU’s executive bo

Naspers is in talks to invest in Southeast Asia’s Carousell

Naspers, the South Africa-based firm that famously backed Chinese giant Tencent in its infancy, is in talks to invest in Singapore-based startup Carousell, according to two sources with knowledge of d

Rakuten acquires mobile commerce startup Curbside

Tokyo-headquartered Rakuten, Japan’s answer to Amazon, is acquiring the Silicon Valley mobile ordering and pickup startup Curbside, the companies announced today. Terms of the all-cash deal were

Southeast Asia-based mobile listings startup Carousell raises $85M

Carousell, the Singapore-based mobile listing service that operates across Southeast Asia, has pulled in an $85 million Series C fund as it seeks to strengthen its business among the region’s co

Viber is launching Viber Communities, group chats for up to 1B users

Messaging apps have seen a surge of popularity in recent years as people seek ways to communicate more directly than on social networks. But they also have been adding large group chat options into th

Rakuten will roll its $9B loyalty program into a new blockchain-based cryptocurrency, Rakuten Coin

Messaging apps have seen a surge of popularity in recent years as people seek ways to communicate more directly than on social networks. But they also have been adding large group chat options into th

Walmart and Rakuten partner on grocery delivery in Japan, Kobo e-books and audiobooks in U.S.

Walmart today announced a major expansion in terms of its global e-commerce presence: the retailer is entering a strategic partnership with Tokyo-based Rakuten, which will see the companies collaborat

Techstars is launching its first accelerator program in Asia in partnership with Rakuten

Techstars is bringing its global accelerator program to Asia for the first time in partnership with Japanese e-commerce giant Rakuten and its chat app Viber . The companies will run a three-month prog

Amazon launches its Echo devices and Alexa in Japan

Amazon has continued its hardware push into Asia after it launched the Echo, Echo Plus, and Echo Dot in Japan today. Alongside the hardware, it is also making its Alexa voice assistant available in th

ShopBack raises $25M for its cash back shopping service in Southeast Asia

One of Southeast Asia’s lesser-known startups has come out from under the radar today after ShopBack, a cash back-focused e-commerce service, announced it has raised $25 million. Founded in 2014

The most monocle-dropping tech acquisitions of the past five years

This is a list of tech deals from the past half decade that were surprising because of their size, impact or seeming randomness. Some have paid off, while others (cough*Microsoft-Nokia*cough) remain 

Kobo takes on Audible with its own audiobook subscription service

Kobo’s never had an issue taking on the bigwigs. It’s outlasted bigger names like Sony and Barnes & Noble in the devoted e-reader space, and now it’s ready to take a swipe at Audible’s

Viber acquires Chatter Commerce, the startup behind its shopping keyboard

Messaging app Viber earlier this year made its first foray into shopping services with Instant Shopping, a feature that lets you search for items for sale via a keyboard when you have the messaging a

Uber rival Careem closes $500M raise at $1B+ valuation as Daimler steps in

Amid ongoing struggles at Uber, one of its stronger regional rivals in transportation on demand has raised a significant round of funding, picking up a significant strategic investor in the process. C

Rakuten invests $2.8M in ‘Airbnb for business travel’ startup MetroResidences

Rakuten is getting into the Airbnb for business sector after it invested SG$4 million ($2.8 million) in Singapore-based MetroResidences. MetroResidences was founded in 2014 by James Chua and Lester

Blackstorm Labs and Rakuten launch R Games to build high-fidelity HTML5 games

Blackstorm Labs, a startup that's working to build technology that brings developers tools to get out games and apps more quickly through HTML5, today said it is working with Rakuten to build a new en

AirMap raises $26 million to manage air traffic as drone use surges

Lower airspace isn’t crowded with drones quite yet. But as drones become more pervasive, a startup called AirMap is building software and systems to help drone operators fly only where it’s safe a
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