Asia Pacific
-
$18.7 M Series A funding secured by EV maker Ion Mobility
TVS Motor Company has joined Ion Mobility, a Singapore-based manufacturer of electric vehicles, as a strategic investor after the company…
Read More » -
$30 M debt financing secured by B2B e-commerce platform ShopUp
A debt financing of $30 million has been obtained for ShopUp, a B2B e-commerce platform located in Bangladesh. Lendable, a…
Read More » -
Beat marketplace Airbit acquired by music firm BandLab
Airbit, a beat marketplace with its headquarters in the US, has been purchased by BandLab, a Singapore-based music company. The…
Read More » -
VC firm Foxmont Capital Partners raised $21.3 M for its second fund
A Philippines-based venture capital firm called Foxmont Capital Partners has raised $21.3 million for its second fund. With respect to…
Read More » -
Indonesia received $100 M fund from MUFG
Through its subsidiaries MUFG Innovation Partners Co. (MUIP) and MUFG Bank, Mitsubishi UFJ Financial Group (MUFG) has partnered with Indonesia-based…
Read More » -
PayPal to eliminate 2,000 employees globally
The president and CEO of payment giant PayPal, Dan Schulman, said in a message to staff that the company will…
Read More » -
5% of its total employees laid-off by GIC backed Chainanalysis
According to reports, a corporate representative confirmed that Chainalysis, a US-based blockchain analysis startup, had laid off approximately 5% of…
Read More » -
At its Berlin headquarters, Delivery Hero slashes 156 employees
According to an internal email from the company’s CEO, Niklas Stberg, Foodpanda’s owner Delivery Hero has fired 156 workers. The…
Read More » -
$15 M Series A funding raised by cybersecurity firm Blackpanda
According to a release, Primavera Venture Partners and Gaw Capital Partners led a $15 million Series A investment round for…
Read More » -
Apparel giant Gap Greater China acquired by Baozun
After receiving regulatory approval, Chinese e-commerce supporter Baozun said that it has finished buying American clothes giant Gap’s Greater China…
Read More »