Singapore

Singapore’s Grain, a profitable food delivery startup, pulls in $10M for expansion

Cloud kitchens are the big thing in food delivery, with ex-Uber CEO Travis Kalanick’s new business one contender in that space, with Asia, and particularly Southeast Asia, a major focus. Despite

Singapore passes controversial ‘fake news’ law which critics fear will stifle free speech

Singapore has passed a controversial bill that could equip the government with extensive powers to police online media and free speech. The bill was first drafted last month and, as had been expected,

Alibaba-backed facial recognition startup Megvii raises $750 million

One of China’s most ambitious artificial intelligence startups, Megvii, more commonly known for its facial recognition brand Face++, announced Wednesday that it has raised $750 million in a Seri

Brankas wants to bring Southeast Asia’s banks and e-commerce into the digital era

Fintech continues to be among the biggest topics driving startups and investment in Southeast Asia. The region’s “internet economy” is forecast to grow massively as its 600 million p

Thunes raises $10M to make financial services more accessible in emerging markets

Cross-border fintech continues to be an area of interest for venture capitalists. The latest deal sees GGV Capital — the U.S-China firm that’s backed Xiaomi, Airbnb, Square and others &#82

Samsung Ventures’ first investment in Southeast Asia is HR startup Swingvy

Samsung Ventures, the VC arm of the Korean electronics giant, has made its first investment in Southeast Asia after it backed HR startup Swingvy. Singapore-based Swingvy’s service provides HR se

Grocery startup Honestbee makes layoffs and cuts costs as it prepares to raise more money

Asia Pacific grocery delivery startup Honestbee has confirmed it is suspending business in half of the eight markets it operates in and laying off 10 percent of its 1,000 staff. The cost-cutting appea

Jungle Ventures hits $175M first close on its third fund for Southeast Asia

Southeast Asia’s startup ecosystem is set to get a massive injection of funds after Jungle Ventures reached a first close of $175 million for its newest fund, TechCrunch has come to learn. Execu

Autonomous vehicles make congestion pricing even more critical

Brooks Rainwater Contributor Share on Twitter Brooks Rainwater is the director of the Center for City Solutions and Applied Research at the National League of Cities. More posts by this contributor Au

FT parent Nikkei confirms it has acquired new media startup Deal Street Asia

It’s official: Nikkei, the Japanese media firm that owns the FT, has confirmed that it has acquired Singapore-based new media startup Deal Street Asia. (The Nikkei announcement is buried behind

Grocery delivery startup Honestbee is running out of money and trying to sell

Honestbee, the online grocery delivery service in Asia, is nearly out of money and trying to offload its business. The company has held early conversations with a number of suitors in Asia, including

Ride-hailing firm Grab is losing its CTO

Grab is once again on the hunt for a CTO after Theo Vassilakis, the former Microsoft and Google executive who currently occupies the role, announced that he will leave the ride-hailing company this su

Binance’s hotly-anticipated Singapore crypto exchange is now live — and underwhelming

Binance, the company widely seen as the world’s largest crypto exchange, has officially set up shop in Singapore after it launched a service in the country. The new Singapore service, however, b

Go-Jek brings in Misfit co-founder and ex-Facebook head to lead Vietnam business

Ambitious ride-hailing startup Go-Jek’s Southeast Asia expansion plan suffered a blow when it lost the leadership team behind its business in Vietnam, but now it has replaced them with the forme

Resurgent HappyFresh raises $20M for its online grocery service in Southeast Asia

It’s been a tricky past few years for HappyFresh, the startup seeking to bring Instacart-like grocery deliveries to Southeast Asia. It has been through a series of rebuilding measures, but there

The rules of the Game Of Oligarchs

Technology shrinks the world, makes geography less relevant. People find kinship, common cause, and community on the Internet, across nations and sometimes even languages. When the Internet began to e

Sequoia reveals first cohort for its ‘Surge’ accelerator program in India and Southeast Asia

Back in January, Sequoia India announced plans for its first early-stage startup accelerator program in India and Southeast Asia, and today the firm revealed the first cohort of 17 startups. To recap,

Starbucks challenger Luckin’s fundraising spree continues with $150M investment

Coffee startup Luckin is continuing its fundraising spree as it sets its sights on becoming an alternative to Starbucks in China. The year-and-a-half-old company announced on Thursday that it closed a

Google Home’s Philips Hue integration can now wake you up gently

Maybe you love the sound of your alarm clock blaring in the morning, heralding a new day full of joy and adventure. More likely, though, you don’t. If you prefer a more gentle wake-up (and have

Aptiv takes its self-driving car ambitions (and tech) to China

Aptiv, the U.S. auto supplier and self-driving software company, is opening an autonomous mobility center in Shanghai to focus on the development and eventual deployment of its technology on public ro
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