DJI is hiring engineers to build technology that could be used for various autonomous vehicle parts.
GrabToko is an e-commerce startup from Indonesia that sold brand new smartphones at steep discounts.
SEA Group bought Bank Kesejahteraan Ekonomi Indonesia, a significant move into the digital banking space.
Grab has been investing heavily on expanding the financial services business, and may remain unprofitable until 2023 according to Moody's
GoBear was reportedly used by over 55 million people and had over 100 commercial partners ranging from banks and insurance providers.
A large number of food delivery consumers in China are people in their 20s - 30s.
A large part of India's startup funding was affected by the pandemic and tensions with China.
Cakap aims to make education accessible to people across Indonesia
Spaces Exchange 106 is located at a 106 storey newly built skyscraper called The Exchange 106.
China's domestic games industry generated $42.6 billion in revenues for the same period.
While at TechCrunch, Ned Desmond was heavily involved in organizing the popular Disrupt events around the world each year
Luckin Coffee admitted to fabricating more than $300 million in sales between April 2019 to January 2020
Affected users are using the #facebookdisabledme Twitter hashtag to raise awareness
The PENJANA programme by the Malaysian government will match up to RM600 million on a 1:1 basis with the VC funds, with an initial target of RM1.2 billion.
The Traffic Enforcement and Investigation Department has been receiving many complaints from the public about e-scooters being a hazard on the road.
Travellers from Taiwan can begin applying a single-entry Air Travel Pass to enter Singapore effective immediately
DoorDash has brought over 16x in returns to SoftBank's investment in the company.
The 65,000-square-feet esports facility will begin hosting events and major tournaments starting 2021
The GoStore solution lets small businesses set up online stores to sell online easily.
Earlier this year, OYO laid off 5,000 staff as the global pandemic affected the company's business.
Carsome has gone beyond just a used car selling platform to an end-to-end platform providing a multitude of services.
The companies received digital banking licenses from Singapore's government last Friday.
Both Rise Kuala Lumpur 2022 and Web Summit Tokyo will be in-person (physical) events.
iMedia has acquired 4 other companies in the last 4 months.
The Vibes aims to be a moderate news portal for the current generation
The country filed more than 110,000 A.I. patents last year
Recruiters can also post unlimited jobs on behalf of other companies too.
Aims at making investing simpler for the mass market in Asia.
To increase the company's paid up capital to RM5 million
The company has been profitable with over $1.7 million in revenue.
The country previously banned 59 apps from China back in July.
Investors include SoftBank, Google, Tencent, and many more
A strategic investment to penetrate Australia's market.
People can raise up to $20k per campaign.
It will focus on China market investments
Over 2000+ F&B outlets use their service.
Ahmad Izham Omar was formerly from Media Prima
Baidu is looking to diversify its core business into other areas.
It took 8 years to take place.
Offering byte-sized learning courses in Instagram Stories fashion
The company generated $5.8 billion in profit for the quarter too.
The company generated $110 million in revenue in October 2020 alone.
Money transfers between bank accounts can be made on the app
The company aims to serve as a single point of contact for everything logistics.
It followed the referee's head throughout the match.
The company has been suffering losses in the recent years.
The company is worth more than $140 billion.
SeedDream aims to become the regional MarTech Platform leader in 3 years.
The company already hires over 1000 people across 5 business divisions.
The startup is said to be selling its assets of more than 100 original series
The 4-day conference will be fully virtual for the first time
The company has lost $1.27 billion in the first 6 months of the year.
Helping businesses navigate through the post-pandemic economy.
They owe over 1000 creditors.
Aims at providing a conducive environment for startups to meet VCs.
Applications close on 23rd October 2020 (updated).
GoGet currently has over 20,000 gig workers and 5,000 businesses
The $5 million micro-fund will focus on Indonesia, Thailand, Vietnam, and Singapore.
The new company will focus on lower-margin lines of businesses.
Start-up entrepreneurs, social enterprises and investors will be converging at the conference.
Eligible companies will receive a grant of cash and advertising credits.
Since its launch in 2017, the company has been profitable.
Uber is beginning to sell some of its investments to increase its stock price
A total ban on both apps are scheduled to take place from Nov 12.
No sign of improvement in the short term.
They must first apply for permission prior to holding the event.
Fourth Installment of one of the region’s largest accelerator programmes goes fully virtual, focuses on business resilience
The VC is also ranked #2 in Europe and in the US.
Times are looking tough for under-performers.
The funding was led by the global investment arm of Alibaba Group
Google is creating an alternative to universities.
Zoom is offering new services for enterprise customers.
Startups with the spirit of innovation & entrepreneurship are welcome to participate in the awards.
The company is expected to be cashflow positive in 2021.
133 Chinese companies were on the list, compared with 121 companies based in the US.
Aug 11: Latest business and tech news around the world.
Business gains have been wiped out by the pandemic.
Virgin Atlantic is seeking protection under chapter 15 of the US bankruptcy code
The acquisition is said to be over $80 million
Most of them have taken out a loan.
The company added $200 billion to their value this year.
Most have resulted in a new product or an existing product's enhancement.
The funding amount was undisclosed.
Alipay has over 1.3 billion users today.
A special 'green lane' will be opened specifically for this purpose
Earlier last month, Facebook Shops launched.
Participants also receive cloud vouchers worth $200 for signing up ($4000 for teams).
Scheduling doctor appointments from the palm of our hands.
Due to the pandemic and lock-downs.
The pandemic has changed everything.
These apps are becoming more and more popular in the US.
Authorised dealers will receive a RM100,000 pre-approved revolving credit line to purchase cars
Workers have the flexibility to choose where they want to work from now on.
The job market is also softening.
Websites
BEAMSTART is a Hub for Startup News, Business Networking, and Entrepreneurial Resources. Expand your network, discover new possibilities, and tap into a vast database of resources that can help you go further in your business and career.
The app for business networking and startup resources. Be part of the global community of CEOs, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities: