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ScaleUp Malaysia Accelerator to invest RM200,000 into 10 of these 20 shortlisted companies.
These companies will enter the first cohort of their accelerator program.
Vietnam’s wealthiest man to sell cars to the US — putting his own $2 billion cash on the line
He aims to export electric vehicles to the US by 2021 with the six-month-old auto startup; Vinfast.
Sequoia set to invest $2.4 billion into startup growth in China — despite the ongoing US - China tech war
Today more venture firms are moving towards India and Southeast Asia instead of China.
India is boosting its electric vehicles (EV) industry to convert 200 million vehicles electric by 2026
It’s high time for EV startups and investors to look to India as the government is providing full-on support.
Starbucks sees slow growth in China despite opening a new cafe every 15 hours
Its sales struggle to keep up with its rapid expansion in China.
MVLLABS secured $5 million in Series A funding round — looks to grow its mobility ecosystem
Its ride-hailing service TADA is the first blockchain-based in the world.
Singapore’s FinAccel closed $90 million in Series C funding round — to expand its credit lending platform in Southeast Asia
Its credit lending app Kredivo is growing 300% each year.
#AsiaRocks Conference connects ecosystem builders across Asia — providing market expansion opportunities for startups
Taiwan Startup Stadium (TSS) held the one-day event to integrate Asia’s startups with APAC resources.
Singapore’s Zenyum closed $13.6 million funding — set to expand both its market reach and product line
Its substantial growth this year attracted investors all over Asia.
SG Bike acquired Mobike’s fleet in Singapore for $1.9 million — users can ride for free
It sets to become the largest bike-sharing operator in Singapore
Singapore-based digital payments company 2C2P raises $52 million.
2C2P looks to strengthen its position in SouthEast Asia.
Singapore’s BCB Blockchain to fund $300,000 for startups in Philippine
The blockchain firm partners with Philippine’s government to boost the country’s startup ecosystem.
Singapore’s AI-powered firm raised $9 million from its Series A round
It will use the fund to develop and improve its data technology on human insights.
Hong Kong’s Volt14 bagged $955k from 500 Startups — to innovate on a longer lasting battery material
It aims to launch industrial-scale production trials by next month.
Indonesia’s HarukaEDU closed its Series C funding round — expanding its education service into B2B transaction
SIG, an Ameriacan global trading form led the funding round.
Malaysia’s NEXEA invests $60,160 into five local early-stage startups
NEXEA chose the top five startups from NEXEA Startup Accelerator and Startup-Corporate Pilot programs.
Pop Up Asia is quickly becoming one of Taiwan's largest lifestyle trade-shows.
Bringing together international travellers and lifestyle product enthusiasts from all over the world.
Indonesian proptech startup, Travelio raised $18 million in a Series B round — expanding its marketing and operation
Aims to serve Indonesian rising middles-class demands for temporary housing.
One of Taiwan's largest Startup Festivals, Meet Taipei, kicks off today.
Bringing together thousands of attendees and over 400 exhibiting startups across Asia.
Xiaomi invests in EV startup, XPeng — raises $400 million in funding for growth
XPeng is now valued at $4 billion.
Taiwan Startup Stadium to hold regional startup conference, #AsiaRocks
Helping local and overseas startups expand their businesses in this thriving APAC region
This will effectively render most e-commerce websites useless.
Wallace Ho20 Mar, 2019
Instagram is launching a brand new feature to allow users to checkout and make payments for products directly on the app.
Checkout with Instagram launches today in the U.S. with more than 20 top brands, with plans to enter more parts of the world eventually.
Instagram plans to monetize this feature by introducing a "selling fee" upon each transaction.
As of now, the selling fee amount has yet to be announced.
Merchants will only get necessary details to fulfill an order, which includes contact info and address (no payment information is provided).
Users will be able to pay with PayPal, Visa, Mastercard, American Express or Discover.
Plans to allow merchants to integrate other e-commerce stores like Shopify, BigCommerce, and ChannelAdvisor will be coming later in the year.