Search Results for:Yoolim Lee
The new fund is expected to have a first close before the end of this month and the final close by the end of 2018.
The truce would bring to an end a bruising battle for leadership in SE Asia’s ride-hailing market.
Analysts view Sea as Southeast Asia’s leading growth company with backing from Chinese colossus Tencent that should help it capitalize on the region’s adoption of games, e-commerce and digital payments. Sceptics see little evidence that Sea is developing anything resembling a business model.
Intudo Ventures, an Indonesia-focused venture capital firm, raised $20 million in its debut fund as it seeks to capitalize on rising consumption in the world’s fourth most-populous nation. The fund closed after doubling its initial target of $10 million, said Patrick Yip, a Jakarta-based founding partner of Intudo. Its strategy… Read more »
Uber is in talks with payments firms across Asia for partnerships similar to its tie-up with Vietnam’s mobile wallet MoMo.
Khosrowshahi will visit Japan and India during the week of Feb. 19 to meet business and government leaders
ICOs are winning support with fundraisings jumping to more than $6.8 billion in 2017, up from $151 million in 2014, 2015 and 2016 combined.
Uber said Wednesday that it will bring Howa’s fleet of 4,000 taxis in Bangkok onto its app. This follows last week’s deal to sell 51% of its Singapore car rental unit to taxi operator ComfortDelGro Corp. for S$295 million.
Go-Jek will make the expansion of its digital-payment service Go-Pay in 2018 a top priority.
It raised $5.5 million in September in a round backed by GGV Capital and Temasek’s Heliconia Capital Management.