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Jon Russell / TechCrunch:
Viva Republica, startup behind popular Korean P2P payments app Toss, raises $40M from GIC and Sequoia China, says Toss processes $10B in transactions per month   —  The largest payment app in South Korea, Toss, has pulled in $40 million in fresh investment from Singapore sovereign wealth fund GIC and Sequoia China.
Jun 18, 2018, 5:25 PMIn context
Jon Russell / TechCrunch:
Didi Chuxing will launch its Didi Express service on June 25 in Melbourne, its third international market; the business will be run by a Didi subsidiary   —  Didi Chuxing, China's dominant ride-hailing company, is continuing its international expansion after it announced plans to launch in Australia this month.
Jun 14, 2018, 11:40 PMIn context
Jon Russell / TechCrunch:
Sweden's Truecaller acquires Indian mobile payments startup Chillr, which had raised $7.5M from Sequoia Capital and Blume Ventures   —  Sweden's Truecaller started out life as a service that screens calls and messages to weed out spammers.  In recent times the company has switched its focus to India …
Jun 13, 2018, 8:15 AMIn context
Jon Russell / TechCrunch:
Coinbase opens its crypto index fund, first announced in March, to accredited US investors for investments between $250K and $20M   —  Fresh from revealing plans to add Ethereum Classic to its exchange, crypto giant Coinbase today announced that its cryptocurrency index fund …
Jun 13, 2018, 2:30 AMIn context
Jon Russell / TechCrunch:
Vietnam's new cybersecurity law raises concerns about restricting free speech, also requires foreign internet companies to store user data locally   —  Big tech firms including Google, Facebook and Twitter have expressed major concern after Vietnam's government passed a law that promises …
Jun 12, 2018, 11:35 AMIn context
Jon Russell / TechCrunch:
Coinbase announces plans to add support for Ethereum Classic, a fork of the Ethereum token, in the coming months   —  Coinbase may be one of the most-lauded crypto exchanges, but it supports just four coins right now which is far fewer than most others.  That's about to change a little …
Jun 11, 2018, 11:25 PMIn context
Jon Russell / TechCrunch:
Xiaomi reports a net profit of $162M excluding one-off items on revenue of ~$5.37B in Q1, as it publishes its first prospectus for sale of CDRs in Shanghai   —  A month after it filed for a much-anticipated Hong Kong IPO, Xiaomi has revealed a little more financial information …
Jun 11, 2018, 7:20 AMIn context
Jon Russell / TechCrunch:
Evernote spins off its Chinese unit, Yinxiang Biji, but will remain a minority shareholder, giving Chinese management day-to-day control   —  Here's a unique approach to Western companies doing business in China.  Today, Evernote — the U.S. note-making service — span out its China-based unit …
Jun 7, 2018, 11:10 AMIn context
Jon Russell / TechCrunch:
Indian payments startup Pine Labs, which offers point-of-sale devices, raises $125M from PayPal and Singapore's Temasek, bringing total funding to $208M   —  Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion …
May 31, 2018, 10:30 AMIn context
Jon Russell / TechCrunch:
Google launches Neighbourly, a Q&A app for sharing local community knowledge in India, available as a beta in Mumbai   —  Google is increasing its focus on India after it released a new social app that's aimed at building neighborhood communities within cities in the country.
May 31, 2018, 7:35 AMIn context

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