News before Nov 08, 2021

India's Paytm e-wallet unicorn is going public; just raised $1.1b in IPO anchor round

The IPO would be a game-changer for India's startup ecosystem too

Alfred LeeNov 05, 2021

Yahoo is leaving China's market; cites 'challenging business conditions'

Many speculate that Microsoft's Bing could be next.

Carl AdrianNov 03, 2021

Unofficial Squid Game 'coin' shoots up to $2,800, then collapses to $0.0007 after developers run off with earnings

People were lured in by its hype, and were unable to sell the token after buying it.

Alfred LeeNov 02, 2021

Malaysia's Poladrone raises US$4.29 million; largest seed funding round in country

Poladrone provides a wide range of drone services in both Malaysia and Thailand

Alfred LeeOct 27, 2021

Google has reduced PlayStore in-app purchasing fees from 30% to 15% for subscriptions

Developers will now only need to pay 15% to Google from day one.

Carl AdrianOct 25, 2021

Stripe is worth over $95 billion; will buy Indian Fintech company Recko.

Stripe wants to integrate all financial services under one umbrella.

Alfred LeeOct 21, 2021

Shopee wants to be everywhere in the world; now entering France after Poland and Spain

Shopee is already in Southeast Asia and Latin America, with plans to enter India

Carl AdrianOct 20, 2021

Carousell has just bought over streetwear marketplace Ox Street

Carousell is looking to go public soon too

Alfred LeeOct 18, 2021

Antler VC raises $300 million fund to invest in startups up to Series C stage

Antler's investment capacity has grown significantly.

Alfred LeeOct 14, 2021

ThoughtFull connects people to mental health professionals; raises $1.1 million

Since May 2020, ThoughtFull's number of enterprise clients have grown by over 10x.

Carl AdrianOct 12, 2021

China's largest food delivery company fined $533 million for 'monopolistic behavior'

China's crackdown on big technology companies continues

Alfred LeeOct 11, 2021

Marvelstone Group founder to face 10-year jail term for fraud after losing investors money

Marvelstone previously established Lattice80, a Fintech Hub in Singapore

Carl AdrianOct 07, 2021

Grab now owns 90% of Indonesia's OVO; buys out existing shareholders to gain control

OVO is currently one of the most popular digital wallets in Indonesia, with a 38% market share.

Carl AdrianOct 04, 2021

Beepmix lets sellers set up free .COM stores that pays promoters automatically; just 1.9% gateway fees

Beepmix also helps sellers automate tedious tasks such as taking orders manually, receiving payments, manage local deliveries, making payouts, and more.

Alfred LeeOct 02, 2021

FutureLab has just raised $478,000 to improve online mentorship and learning

FutureLab is also preparing to raise a Series A funding round

Carl AdrianOct 01, 2021

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