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News until Jun 04, 2021

Huawei to roll out own mobile operating system to 400m+ devices to compete with Google's Android

Huawei is expected to begin rollout of HarmonyOS from 2nd June 2021.

Carl AdrianJun 02, 2021

Thailand has its first unicorn startup, and it's in the logistics space.

Flash Group became the country's first unicorn startup after raising $150 million

Carl AdrianJun 01, 2021

Stripe now supports GrabPay for online payments in Malaysia and Singapore

Stripe will be launching in The Philippines in the near future, which could also include GrabPay as a payment method too.

Alfred LeeMay 31, 2021

Food Delivery startups in Southeast Asia raised a total of $2.75 billion in 2020.

This amount is 1/3 of all funding raised during the period.

Alfred LeeMay 27, 2021

Grab raises prices in Singapore; drivers keep 100% of earnings for June 2021.

Just last year, Grab introduced a 'platform fee' for rides.

Carl AdrianMay 26, 2021

Tencent made $7.4 billion in profit in Q1 2021; a huge jump of 65%

Tencent's management style and business model have proven to be very resilient.

Alfred LeeMay 25, 2021

Venture Capital investments in India hit $7.8 billion in first 4 months of 2021

Investors are moving towards later stage deals in India

Carl AdrianMay 25, 2021

Snapchat now has over 500 million active users; attracting more advertisers

Snap's revenues have grown significantly too, beating expectations.

Alfred LeeMay 24, 2021

Zhang Yiming founded ByteDance and TikTok; now he's stepping down as CEO

He played a pivotal role in growing the company to what it is today.

Alfred LeeMay 20, 2021

China is banning companies providing cryptocurrency payments and investments

China has shut down most of the country's local exchanges too.

Carl AdrianMay 19, 2021

Members can now receive 0% transaction fees when processing payments with Stripe

Successful applicants will also receive exclusive access to private events.

Kenneth HoMay 17, 2021

Gojek and Tokopedia confirm merger with new entity: GoTo Group

GoTo Group is now one of Southeast Asia's largest technology conglomerates

Alfred LeeMay 17, 2021

China's number of new investors grew in April at slowest pace in 13 mths

The number of new investors for the A-share market increased by 1.7 million in April, or 3.1% year-on-year, its slowest since March 2020.

DEALSTREETASIA.COMMay 17, 2021

Stripe acquires Bouncer, will integrate its card authentication into the Radar fraud detection tool – TechCrunch

On the heels of a $600 million fundraise earlier this year, payments giant Stripe has been on an acquisition march to continue building out its business. In the latest development, the company has acquired Bouncer, a startup based in Oakland that has built a platform to automatically run card authentications and detect fraud in card-based […]

TECHCRUNCH.COMMay 17, 2021

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