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News until Nov 27, 2020

Philippines's startup AQWIRE raises $2.1m in Series A round led by Spiral Ventures

The company has been profitable with over $1.7 million in revenue.

Alfred LeeNov 27, 2020

India bans 43 more apps from China; Alibaba apps included in the mix.

The country previously banned 59 apps from China back in July.

Alfred LeeNov 25, 2020

China's Uber for Trucks, Manbang, raises $1.7 billion; valued at close to $12 billion now

Investors include SoftBank, Google, Tencent, and many more

Alfred LeeNov 24, 2020

Malaysia's Aerodyne Group to invest in Australia's Sensorem

A strategic investment to penetrate Australia's market.

Alfred LeeNov 23, 2020

MaGIC's Cohort 04 startups are a different breed; taking on a post-pandemic world.

The new curriculum focuses on grooming startups to be resilient and adaptable.

Carl AdrianNov 23, 2020

Popular gaming company, Roblox, files for IPO

Revenue has shot up but losses widened too

Alfred LeeNov 23, 2020

PayPal now has a crowdfunding platform - The Generosity Network

People can raise up to $20k per campaign.

Alfred LeeNov 20, 2020

Tencent invests in Udemy; leading $50 million round at $3.25 billion valuation.

The company grew significantly during the last few months.

Carl AdrianNov 19, 2020

China's Qiming Venture Partners closes $1.2 billion fund VII.

It will focus on China market investments

Alfred LeeNov 19, 2020

Apple drops App Store cut from 30% to 15% for developers below $1 million in turnover

The new change will take effect from 1st January 2021.

Carl AdrianNov 18, 2020

AirAsia Japan files for Bankruptcy

The airline industry is affected badly.

Carl AdrianNov 17, 2020

Airbnb files for IPO; has profitable Q3 despite declining travel.

The company has had occasional profitable quarters too.

Carl AdrianNov 17, 2020

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