Sequoia-backed Indian scooter sharing startup Bounce in talks to raise $50m: Report

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Bounce is reportedly looking to close the entire $50 million round by the end of January next year.

Tencent-backer Naspers plans ‘significant investments’ on M&As in coming months

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In the first half of this year, the company has done about $750 million in deals, and there are some near-term opportunities, Naspers CFO said.


Losses at Naspers’ e-commerce unit narrow but Tencent still dominates

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Naspers has transformed itself from a newspaper publisher into a $87 billion empire, thanks to its one-third stake in tech giant Tencent. But the stake is also a headache as it dwarfs Naspers’ own market capitalisation by 40%,


Grab announces out-of-court settlement with Vietnamese taxi firm Vinasun

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Grab Vietnam country head Jerry Lim said the ride-hailing startup is optimistic that both parties will ultimately find a win-win solution that can best serve the interests of the Vietnamese.


Amazon fastest growing e-commerce player, says India head Amit Agarwal

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Earlier this week, Barclays Plc said in a report that Amazon India recorded gross sales of $7.5 billion in the year ended March 2018, compared with Flipkart’s standalone gross sales of $6.2 billion. The report has raised questions on Walmart’s assertion of Flipkart’s dominance in India.


India: Warehouses are a hot subject with investors, thanks to e-commerce boom

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The rise of e-commerce giants Amazon Inc. and Flipkart Online Services Pvt. has also stoked the need for seamless, last-mile delivery of goods.


Indonesia’s Go-Jek marks Singapore entry with launch of beta app

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Go-Jek said that the launch of beta version is part of the company’s efforts to ensure a “smooth entry into Singapore”.


Bukalapak eyes investment products, P2P lending to cash in on fintech opportunity

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Bukalapak co-founder and president Muhamad Fajrin Rasyid answers questions about Indonesia’s crowded e-commerce market, fundraising, potential listing plans and profitability.


India: Online marketplace Shop101 in talks with Kalaari, Unilever to raise $11-12m

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The funds will be used for technological development and expanding into new categories such as beauty and personal care.


Go-Jek said to enter Singapore this week to take on Grab on its home turf

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Go-Jek’s beta app will be available to a limited number of consumers before expanding to a wider population.