Flipkart acquires Israeli analytics startup Upstream Commerce

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This is Flipkart’s second acquisition in as many months, after the Walmart-controlled firm acquired Indian AI startup Liv.ai in August.

India: Oyo plans to hire 2,020 technology experts in global push

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With another 2,020 experts joining by 2020, Oyo will continue to invest in technologies like artificial intelligence, machine learning, and IoT.


Grab, Uber receive $9.5m slap on the wrist from Singapore competition regulator

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The Competition and Consumer Commission of Singapore ruled that Grab’s takeover of Uber’s Southeast Asia operations had substantially decreased competition in the ride-hailing market.


India’s Ola in funding talks with Naspers at a valuation of $7-8b

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Besides Naspers, Ola is also in talks with Singapore’s Temasek Holdings Ltd and two other funds to raise $1 billion in fresh capital


Google tweaks privacy policy for Indian payment app after Paytm complaint

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The row has erupted amid heightened debate about user privacy and how technology firms treat data in India and abroad.


Indonesian authorities taking on aggressive Chinese online lenders

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The wave of predominantly Chinese fintech lenders, who often do not register and employ aggressive debt collection practices, is now alarming regulators.


Amazon announces picking up stake in owner of Indian supermarket chain More

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The U.S. tech company would effectively own a stake in More’s supermarkets and hypermarkets, intensifying competition with rival Walmart, which acquired Indian online marketplace Flipkart this year.


Amazon in market entry talks with Indonesian government: Report

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According to the country’s Finance Minister Sri Mulyani Indrawati, the discussion with Amazon has been about the terms related to its planned investment, including matters of tax and regulations.


Indonesia’s newest unicorn Bukalapak taps local kiosks in top spot chase

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Bukalapak, which counts Singapore’s GIC and China’s Ant Financial among its investors, trails only Alibaba-backed PT Tokopedia, according to iPrice Group.


Singapore’s Sea mulls roping in external investor to fund e-commerce unit

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Opening its e-commerce arm Shopee to external investment has been something the company has been thinking about, chief strategy officer Alan Hellawell said, while acknowledging that the group felt that the business has been undervalued by the market.