Techmeme

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Jon Russell / TechCrunch:
Alibaba leads $1.1B investment in Indonesia-based e-commerce firm Tokopedia   —  Alibaba has continued its push into Southeast Asia after it led a $1.1 billion investment in Tokopedia, an e-commerce firm based in Indonesia.  —  A valuation for the deal was not announced …
Aug 17, 2017, 11:35 AMIn context
Jon Russell / TechCrunch:
Hong Kong's PCCW raises $110M for 18% stake in its video and music streaming unit from Hony Capital, Foxconn, and Temasek   —  This week seems to be a good one for media streaming companies in Asia.  Hot on the heels of Malaysia-based Iflix raising $133 million for its Netflix-like service …
Aug 14, 2017, 6:00 AMIn context
Jon Russell / TechCrunch:
Didi Chuxing makes an undisclosed investment in Middle Eastern ride-hailing service Careem, which operates in 80 cities across 13 countries   —  A week after its first investment in Europe, Chinese ride-sharing giant Didi Chuxing is spreading its wings once again after it announced a financing deal …
Aug 8, 2017, 2:35 AMIn context
Jon Russell / TechCrunch:
Iflix raises $133M led by Hearst, which has also backed Roku, for its $3/month Netflix-style service for emerging markets   —  Iflix, an Asia-based startup providing Netflix-like streaming services in emerging markets, has landed $133 million in fresh funding to accelerate its business.
Aug 7, 2017, 12:30 PMIn context
Jon Russell / TechCrunch:
Didi Chuxing makes an undisclosed investment in Taxify, an Uber rival that operates in 18 countries in Europe and Africa   —  Didi Chuxing, the ride-sharing company that forced Uber out of China, has expanded its increasingly global empire after it made an investment in Taxify …
Aug 1, 2017, 5:00 AMIn context
Jon Russell / TechCrunch:
Apple removes all major VPN apps from the App Store in China; the apps allowed users to bypass China's internet censorship   —  The Chinese government's crackdown on the internet continues with the news that Apple has removed all major VPN apps, which help internet users overcome …
Jul 29, 2017, 9:50 AMIn context
Jon Russell / TechCrunch:
Xiaomi unveils Mi AI smart speaker, available in China for ~$45, to control Xiaomi hardware and other smart products, play media, more   —  Hot on the heels of reports that Facebook is developing its own take on Amazon Echo, China's Xiaomi has joined the tech company masses by jumping into the increasingly crowded smart speaker space.
Jul 26, 2017, 12:30 PMIn context
Jon Russell / TechCrunch:
Grab raises $2B from SoftBank and Didi Chuxing, which says the round could expand by $500M, to help defeat Uber in SE Asia; source: Grab valuation now over $6B   —  Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing …
Jul 23, 2017, 11:19 PMIn context
Jon Russell / TechCrunch:
After a total of $20M in VC funding, Omise raises $25M in an ICO to build new Ethereum-based p2p payments platform Omise Go   —  By now you've probably heard of ICOs.  The alternative fundraising option has been used to raise more than $500 million in funding this year alone …
Jul 8, 2017, 1:05 PMIn context
TechCrunch:
Gaming firm Razer seeks to raise over $600M in Hong Kong IPO   —  Gaming firm Razer has filed to go public through an IPO in Hong Kong as it looks to raise more than $600 million to go after growth opportunities.  —  The U.S.-based company, which traces its origins back to Singapore, filed initial paperwork on Friday.
Jul 1, 2017, 3:10 PMIn context

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