BEAMSTART

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

Foreign investments in Philippines decrease further in August.

Foreign investments since January are 40% lower compared to the same period last year.

5 cool gadgets you'll find only at Global Sources

Some seem silly, but they're also practical

Samsung backs Singapore’s fintech startup M-DAQ — closing its pre-series D round

M-DAQ will expand in Korea with Samsung’s support.

Over US$10 billion spent in half an hour on Alibaba's 11.11 shopping event.

The largest spending in half an hour on a single day.