Funding aside, India’s startup space saw plenty of sideline drama in 2017

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While mutil-billion dollar fundings came back, amidst substantial cutback in valuations, and even as early-stage investments in Indian startups declined in 2107, the drama on the sidelines in this space during the year, however, grabbed significant headline space. As the year draws to a close with a  record $13.7 billion investments… Read more »

Singapore: Fatfish Internet backs $260k investment in CryptoFoundry

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Fatfish Internet Group invests in Singapore-based CryptoFoundry, a cryptocurrency financial services firm.


An investor’s best friend: China’s booming pet market sparks deals

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Chinese shoppers are set to spend 46.3 billion yuan ($7 billion) on their pets by 2022, up from 17.5 billion yuan this year.


Alipay scouts Chinese tourists to crack open difficult but lucrative Japanese market

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Alipay is working with retailers in popular tourist spots such as the Ameya Yokocho shopping street in Tokyo’s Ueno district. 


Chinese ride-sharing firm Didi Chuxing raises $4b in new funding round

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The round values the firm at close to $50 billion and was joined by existing backer SoftBank.


Uber dealt blow as EU court rules it is a transport service

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Ride-hailing app Uber provides a transport service and can be regulated like traditional taxis, the European Union’s top court said on Wednesday.


LINE Corporation picks a minority stake in Mobike Japan

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Following the transaction, LINE will own less than 20 per cent of Mobike Japan. 


Didi Chuxing aims to expand in Taiwan with franchises

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Didi plans to only operate as a taxi hailing platform in Taiwan and is seeking to work with existing drivers that it’s recruiting through its Facebook page.


Uber’s gig moves on as top EU court sets rules of road for apps

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A loss for Uber would mean countries in the EU will have to classify Uber as a transportation service.


Singapore’s Grab launches operations in Cambodia

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Grab has signed a memorandum of understanding with Cambodia’s Ministry of Public Works and Transport to support infrastructure development.