By Manuel Mogato
A Philippine court on Friday ordered a 20-day temporary halt on the operations of ride-sharing companies
Customers will be able to use the apps of the 4 online taxi firms when in India, China, the US, Singapore and Southeast Asia
Supply chain firms face fund drought as Indian food tech valuations hit roof, says Hemendra Mathur, SIIABy Anirvan Ghosh
India’s online grocery delivery apps, which started a year ago, have raised funding at high valuations. While they are enjoying a time of plenty, smaller companies in the food supply chain found their funding was drying up. “When we do deals with companies in the food supply chain, the valuations are… Read more »
Singapore-based e-commerce startup YiLinker debut on Wednesday its first Southeast Asia expansion with the formal launching of YiLinker Philippines with $6 million investments in the pipeline.
Expanding its internet business footprint in Myanmar, Rocket Internet launched its online hotel booking venture Jovago.com. Jovago.com is an online hotel booking service with operations in Africa and Asia. Mainly targeting local travellers, Jovago has established a team that will help people book hotels featured on their website. “Myanmar is a great… Read more »
The current Rs 2000 crore loss is almost three times more than Rs 715 crore loss registered last year
This comes on the back of its recent acquisition of project marketing solution, ePropertyTrack, in July.
India’s largest e-commerce firm Flipkart has bought a minority stake in digital maps provider MapmyIndia to improve its supply chain efficiency. The companies didn’t disclose the financial details of the deal. Flipkart will license map data and location technologies from MapmyIndia (promoted by CE Info Systems Pvt. Ltd) and deploy… Read more »
“I don’t see banks at all as my competitors. They just can’t move fast enough,” N26 CEO Valentin Stalf says.
In developments related to e-commerce businesses in Indonesia, MatahariMall.com (MatahariMall), funded by the Lippo Group, launches its mobile app while online tourism start-up Gogonesia is looking to raise up to $500,000 next year to expand its business. Mataharimall launches mobile app MatahariMall has launched its mobile app to provide a seamless shopping experience to customers…. Read more »