Singapore
Baidu and AMI launch Southeast Asia joint venture and $200M fund
Baidu teamed up with Asia Mobility Industries to launch a new Singapore-based mobility venture fund, called “Apollo Southeast Asia.” This will also help establish a foothold for Baidu to pursue…
WeWork banks on a local approach and Powered By We to crack Southeast Asia
WeWork charged into Asia two years ago but it finally moved into Southeast Asia in the second half of 2017 through the acquisition of SpaceMob and the opening of its first…
Teabox, the company pioneered the concept of selling tea to direct to consumers online, has served up $7 million in fresh funding to grow its five-year-old business. This new infusion…
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…
Amazon launches its Prime membership service in Singapore
Amazon is increasing its focus on Southeast Asia after the e-commerce giant launched its Prime service in Singapore. The U.S. firm landed in Singapore, its first market in Southeast Asia,…
Tech In Asia raises $6.6M led by Korean conglomerate Hanwha
Tech In Asia, the Singapore-based media and events startup, has closed $6.6 million in fresh funding. The lead investor is a name that may not be too familiar to regular…
Southeast Asia’s aCommerce lands $65M led by KKR-backed Emerald Media
Southeast Asia-based aCommerce, a startup that helps brands get into e-commerce and digital media in the fast-growing region, has pulled in $65 million in new funding led by Emerald Media, an…
Get your tickets for the TechCrunch Meetup in Singapore on November 23!
Last week we announced our upcoming Meetup in Singapore on November 23, and now here comes the all-important ticket information. Head to this link HERE and fill out your details…
Uber’s new Asia chief wants to work with governments and taxi firms not against them
New CEO Dara Khosrowshahi has been vocal in pledging to reform Uber’s toxic culture to take the business to the next level — and ultimately an IPO — but, over in Asia, another…
Announcing the TechCrunch Meetup in Singapore on November 23
Here at TechCrunch we serve a global audience which is why we’ve held casual meetup events across many different parts of the world. Now we’re excited to add a new…
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,…
Kaodim raises $7M for its home services platform in Southeast Asia
There’s more funding for Southeast Asia’s growing local services space after Kaodim, a Malaysia-based startup that operates in four countries in the region, raised $7 million. Founded three years ago, Kaodim…
Grab, the Uber rival in Southeast Asia, is now officially also a digital payments company
Grab is best known for rivaling Uber in Southeast Asia, but today the company took a major step into becoming a fintech player, too. That’s because the ride-sharing firm, which…
Singapore to cap number of cars allowed on roads from 2018
Cars congesting roads is a problem in just about every major urban center around the world, but some areas are worst in this regard than others. Singapore is one of…
Grab raises $700M in debt to add more drivers to its ride-hailing service in Southeast Asia
Grab is in the process of raising $2.5 billion for it ride hailing service in Southeast Asia, but that hasn’t stopped the Uber rival from tapping banks for $700 million…
Uber rival Grab quietly backed dock-less bike service oBike
Grab, Uber’s main rival in Southeast Asia, has made a move into dock-less bikes after the company quietly backed oBike. Singapore-based Grab invested in oBike — which was started in Singapore…
Uber’s Asian rival Grab loses its head of engineering
Grab may be in the process of raising a huge $2.5 billion investment round, with SoftBank, Didi and Toyota confirmed as participants, but Uber’s Southeast Asia-based rival has lost its head…
Uber’s Asia-based rival Grab has confirmed that it has taken an undisclosed investment from Toyota. The Japanese automotive giant has been named as one of the participants in Grab’s Series…
Auto giant Continental buys Singapore-based Quantum Inventions for $29M
German automotive giant Continental is furthering its push into the future of transportation after it got its check book out to acquire Quantum Inventions, a Singapore-based company that specializes in mobility…
Uber knowingly leased recalled vehicles to its drivers in Singapore
Uber is in the spotlight for shady operations once again after a report revealed that the U.S. ride-hailing giant knowingly leased cars that were subject to a recall to drivers in…
Less than a week after the SEC said that it may regulate certain crypto token sales, better known as ICOs, Singapore has followed suit to say it too will regulate…
Amazon Prime Now launches in Singapore, its first market in Southeast Asia
It’s official — Amazon has launched its Prime Now delivery service in Singapore, its first market in Southeast Asia. The Amazon apps went live in Singapore early last night local…
Amazon prepares to enter Southeast Asia via Singapore launch
Amazon is continuing its international expansion push with the launch of its services in Singapore coming imminently. The arrival could happen as soon as this week, according to a source…
Alibaba and Tencent are carving up Southeast Asia’s startup ecosystem
Two global tech forces are putting their mark — and money — into Southeast Asia’s nascent startup ecosystem, but they may not be the Western names that you expect. Rather than…
Naked Hub emerges as WeWork’s main competitor in Asia
Hours after WeWork announced plans to move into Japan, one of the U.S. co-working giant’s chief rivals made a move to increase the competition in Asia. Naked Hub, which was…
Game studio Mighty Bear rises from the ashes of King’s former Singapore office
Office closures don’t just mean unemployment and uncertainty, they can lead to new opportunities. That’s the case for Mighty Bear Games, a Singapore-based games studio that grew out of the…
Gaming firm Razer seeks to raise over $600M in Hong Kong IPO
Gaming firm Razer has filed to go public through an IPO in Hong Kong as it looks to raise more than $600 million to go after growth opportunities. The U.S.-based…
Garena rebrands to Sea and raises $550 million more to focus on Indonesian e-commerce
Garena, one of Southeast Asia’s biggest tech startups, has picked up $550 million in new funding and changed its name. The Singapore-headquartered consumer Internet company told Bloomberg that it is…
TransferWise moves into Asia Pacific with opening of regional HQ in Singapore
TransferWise, the billion-dollar valued startup that reduces the cost of cross-border payments, has taken a big step to globalizing its service after it opened an Asia Pacific office in Singapore. The…
Paktor, a major rival to Tinder in Asia, moves into live-streaming via merger deal
Dating app Paktor, often dubbed ‘The Tinder of Southeast Asia,’ just sealed up its move into live-streaming and media content after it announced a merger deal with Taiwanese startup 17…