SoCar counts Altos Ventures, KB Investment, Stonebridge Ventures, and SoftBank Ventures as its investors. Go to Source
Author: Tech In Asia Online News
In brief: Indonesia to regulate ride-hailing rates, limit promos
The government’s decision couldn’t come at a worse time for Go-Jek and Grab, whose rivalry in the archipelago is heating up. Go to Source
After 10x growth last year, food delivery will be Grab’s main battlefront in 2019
Uber alumnus Tomaso Rodriguez is leading the charge against Go-Jek and specialist players. Go to Source
Asia tech news roundup – Jan 10
Checking stock before it gets sent to buyers. Photo credit: Leflair APAC Mining, NiYO, and Leflair were a few of the startups that announced funding in Asia Pacific today, while news emerged of Line’s plans to support cryptocurrencies. Fintech Lendingkart secures US$4.7 million in debt funding (India). The online lender for small businesses netted the… Continue reading Asia tech news roundup – Jan 10
Asia tech news roundup – Jan 9
Photo credit: James / Wikimedia Commons Here’s a wrap of the day’s top tech headlines. Social media Grindr picked up by Kunlun (China/US). Chinese gaming company Kunlun has acquired the remaining 37 percent stake of gay dating app Grindr in a US$152 million deal. It purchased around 62 percent of the US-based firm’s shares in… Continue reading Asia tech news roundup – Jan 9
Asia tech news roundup – Jan 8
Ooi Huey Tyng, GrabPay’s new managing director for Singapore, Malaysia, and the Philippines. Photo credit: Grab / MovingStills Photography Funding for a used luxury goods marketplace, corporate backing for Mobike’s ride-hailing venture, and another high-profile executive appointment at Grab. Here are the day’s top tech news stories from around the region. Transportation More details of Didi’s… Continue reading Asia tech news roundup – Jan 8