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Stayzilla, India’s Airbnb for homestays, closes its service

February 23, 2017 Jon Russell 0

Source: TechCrunch Asia  Stayzilla, an Airbnb for homestays in India, is closing down its service. The company was founded six years ago and had raised $34 million from investors, including a $20 million Series […]

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Rocket Internet’s Zalora is retreating from two more countries in Asia

February 23, 2017 Jon Russell 0

Source: TechCrunch Asia  Zalora, the Rocket Internet-backed online fashion store, is continuing its retreat from Asia. The firm sold off its businesses in Vietnam and Thailand last year, and now it is withdrawing from […]

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Indonesia’s Printerous raises $1.4M to digitize traditional printing

February 23, 2017 Jon Russell 0

Source: TechCrunch Asia  Printerous, an Indonesia startup that is bringing the country’s printing industry into the digital era, has raised $1.4 million. The round was led by Golden Gate Ventures with participation from U.S. firm […]

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Indonesia’s Kejora announces first close of $80M fund for Southeast Asia

February 22, 2017 Jon Russell 0

Source: TechCrunch Asia  Indonesia-based early-stage investment firm Kejora has announced the first close of a second fund which is targeted at $80 million for investments in Southeast Asia. Kejora, which is known for its Ideabox accelerator program […]

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India’s top mobile operator Airtel is buying smaller rival Telenor

February 22, 2017 Jon Russell 0

Source: TechCrunch Asia  Less than a month after Vodafone confirmed it is in talks to merge with Idea Cellular and create India’s largest mobile operator, one piece of M&A has been confirmed in that space. Bharti […]

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India’s top mobile operator Airtel is buying smaller rival Telenor India

February 22, 2017 Jon Russell 0

Source: TechCrunch Asia  Less than a month after Vodafone confirmed it is in talks to merge with Idea Cellular and create India’s largest mobile operator, one piece of M&A has been confirmed in that space. Bharti […]

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Supr Daily is digitizing milk delivery in India

February 22, 2017 Jon Russell 0

Source: TechCrunch Asia  Getting product lock-in is key in the world of startups. Your app, service or products needs a hook that brings your users back time and time again. How about a startup that […]

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500 Startups reboots its efforts in China, but there’s no dedicated fund

February 22, 2017 Jon Russell 0

Source: TechCrunch Asia  500 Startups is rebooting its efforts in Greater China after it hired a new head of business for the region, which covers mainland China, Hong Kong and Taiwan. Edith Yeung, a […]

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Microsoft launches Skype Lite Android app for India and other emerging markets

February 21, 2017 Jon Russell 0

Source: TechCrunch Asia  Microsoft has retooled Skype, the messaging service synonymous with business users, for people living in emerging markets. Today, at its Future Decoded event in India, Microsoft took the wraps off Skype Lite. The […]

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Baidu’s iQiyi video service raises $1.53 billion

February 21, 2017 Jon Russell 0

Source: TechCrunch Asia Baidu is charging up its video content push after iQiyi, its YouTube-style service in China, raised $1.53 billion from the sale of convertible notes to investors. The deal appears to end speculation […]

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Meitu’s new phone includes a dual pixel front camera and AI-powered beautification

February 21, 2017 Jon Russell 0

Source: TechCrunch Asia  Selfie app and phone company Meitu has unveiled its latest smartphone, which doubles down its focus on selfie cameras and beautification. Meitu went public in December with a Hong Kong listing […]

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Alibaba’s Ant Financial expands to Korea with $200M investment in Kakao Pay

February 20, 2017 Jon Russell 0

Source: TechCrunch Asia  Alibaba affiliate Ant Financial is making yet another M&A deal. The firm is investing $200 million into a fintech project belonging to Kakao, the $5 billion firm that runs Korea’s dominant messaging […]