Category: Southeast Asia

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Volocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others

Autonomous air mobility company Volocopter has added to the Series C funding round it announced in September 2019. The German electric vertical take-off and landing (eVTOL) aircraft maker announced €50… »

Y Combinator-backed Trella brings transparency to Egypt’s trucking and shipping industry

Y Combinator has become one of the key ways that startups from emerging markets get the attention of American investors. And arguably no clutch of companies has benefitted more from… »

SoftBank pumps $2B into Indonesia through new Grab investment, putting it head to head with Gojek

Grab — the on-demand transportation app that is the Uber of Southeast Asia — today announced yet another investment on top of the $7 billion that it has raised to date…. »

Known for its electric scooters, Gogoro moves toward its future as a mobility platform

Since the launch of its first electric scooter in 2015, Gogoro co-founder and CEO Horace Luke has frequently been asked when the startup is going to expand beyond Taiwan. In… »

Waresix hauls in $14.5M to advance its push to digitize logistics in Indonesia

Waresix, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country — has pulled in $14.5 million to grow its 18-month-old… »

PayU, Naspers’ global fintech firm, enters Southeast Asia with acquisition of Red Dot Payment

PayU, the Naspers owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after it announced a deal to buy a majority stake in… »

Snap is channeling Asia’s messaging giants with its move into gaming

Snap is taking a leaf out of the Asian messaging app playbook as its social messaging service enters a new era. The company unveiled a series of new strategies that… »

Google reshuffles its leadership in Asia Pacific

There’s a changing of the guard within Google’s Asia Pacific business. In recent weeks, personnel changes within two of its most important roles show the search giant is entering a… »

Foreign secretary hints he believes same Russian cell behind Salisbury poisoning and Czech explosion The British foreign secretary, Dominic Raab, said the UK stood in “full support” of the Czech… »




Foreign secretary hints he believes same Russian cell behind Salisbury poisoning and Czech explosion The British foreign secretary, Dominic Raab, said the UK stood in “full support” of the Czech… »