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Jon Russell / TechCrunch:
Indonesian e-commerce startup Bukalapak, which was valued at $1B last year, raises $50M Series D   —  Chances are you may be familiar with Tokopedia, especially after it commanded a $7 billion valuation last November when it raised $1.1 billion from investors like Alibaba and SoftBank's Vision Fund.
Jan 18, 2019, 3:55 PMIn context
Jon Russell / TechCrunch:
Indian education unicorn Byju's acquires Osmo, which develops interactive play apps that tie into custom hardware, for $120M   —  Weeks after it raised a massive $540 million funding round, Indian education unicorn Byju's is on the M&A path.  The company announced today it has snapped up U.S-based Osmo …
Jan 16, 2019, 12:55 PMIn context
Jon Russell / TechCrunch:
US-Indian online education startup Emeritus, which partners with universities to offer digital courses, raises $40M Series C led by Sequoia India   —  The funding streak for educational startups in Asia continues into 2019 after Emeritus, a U.S-Indian company that partners with universities …
Jan 10, 2019, 11:20 AMIn context
Jon Russell / TechCrunch:
Vietnam accuses Facebook of failing to take down “slanderous content” in violation of cyber security law that took effect on January 1   —  Well, that didn't take long.  We're less than 10 days into 2019 and already Vietnam is aiming threats at Facebook for violating …
Jan 9, 2019, 7:25 AMIn context
Jon Russell / TechCrunch:
Alibaba acquires Berlin-based Data Artisans, which provides distributed systems and large-scale data streaming services for enterprises, for €90M   —  Alibaba has paid €90 million ($103 million) to acquire Data Artisans, a Berlin-based startup that provides distributed systems …
Jan 8, 2019, 9:40 AMIn context
Jon Russell / TechCrunch:
CarDekho, which operates a range of online stores that sell new and second-hand cars and motorbikes in India, raises $110M Series C at a $400M-$500M valuation   —  CarDekho, an online marketplace for car sales in India, has pulled in a new $110 million Series C funding round from a clutch …
Jan 3, 2019, 8:30 AMIn context
Jon Russell / TechCrunch:
Source: Grab has raised the fundraising target of its ongoing Series H round from the original $3B to $5B   —  Southeast Asian ride-hailing firm Grab is aiming to start the new year with a bang and an awful load of bucks.  The company, which acquired Uber's local business earlier this year …
Dec 28, 2018, 9:30 AMIn context
Jon Russell / TechCrunch:
Source: Epic Games has earned $3B in profits in 2018, fueled by the continued success of Fortnite   —  Epic Games had as good a year in 2018 as any company in tech.  Fortnite became the world's most popular game, growing the company's valuation to $15 billion but it has helped the company pile up cash, too.
Dec 27, 2018, 11:10 AMIn context
Jon Russell / TechCrunch:
Sources: SoftBank's Vision Fund is planning to invest $1B in Singapore-based ride-hailing service Grab; source: investment could be as much as $1.5B   —  SoftBank's Vision Fund is set to continue its recent spree of investments in Asian tech unicorns.  The mega fund — which is targeted at $100 billion — is planning
Dec 21, 2018, 7:20 PMIn context
Jon Russell / TechCrunch:
iflix, a Netflix-like streaming service targeting emerging markets, is selling its Africa business to concentrate on Indonesia, Malaysia, and the Philippines   —  Iflix, the emerging market Netflix competitor that's backed by Sky, is leaving Africa to double down on its business in Asia.
Dec 21, 2018, 10:15 AMIn context

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