Mobility Living

The Indonesian ride-hailer has unveiled the names and branding for the “autonomous” units that it’s establishing in the two countries as part of its US$500 million regional expansion plan.

Bike-sharing firm oBike has ceased operations in Singapore as of today, suggesting that the cost of complying with stricter regulation of bike-sharing in the city-state forced its departure.

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Uber Pulls Out of Southeast Asia, Selling Operation to Rival Grab Grab to buy ride-sharing, food delivery businesses in region Uber gets 27.5% stake in rival, CEO to join Grab’s board Uber Technologies Inc. has agreed to sell its Southeast Asian operations to Grab, withdrawing from yet another fast-growing region to end a war of […]

Grab unveils bike- and scooter-sharing app in salvo against Mobike and Ofo Grab is about to launch an app that will allow consumers to hire bicycles and electric scooters from a variety of providers. GrabCycle Beta will integrate offerings from oBike, GBikes, Anywheel, and Popscoot. It will be piloted on Sentosa Island in Singapore before […]

How this Singapore-based investor bought into Uber, Spotify, Alibaba, and other tech giants K2 Global has been investing in startups since 2015, but the venture capital fund and its founder, Ozi Amanat, are seldom in the news. Singapore-based Amanat has been in the game for a decade or so. angel investorasiafinancialinvestorsingaporeuberventure capital

Hijup Acquired U.K.’s Largest Modest Fashion Marketplace Haute-Elan | Dailysocial Post acquisition, Hijup will launch Hijup UK Limited as first step of going global asiabusiness expansiondigital businessentrepreneurshipfashionmarketplaceoperating a companystartup

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MOLPay, iPay88 to introduce Digi’s vcash e-wallet as payment option Available for all Malaysians regardless of telecom operator P2P and e-payment transactions are free for users DIGI Telecommunications Sdn Bhd (Digi) has inked agreements to appoint online payment networks MOLPay and iPay88 as partners for its mobile payment service vcash. asiae-moneye-walletfinancialmalaysiamobile paymentpayment gatewaypayment networksouth east […]

IDC recognises significant Indonesian market disruptors Grab is Digital Disruptor of the Year in Indonesia and Malaysia Companies need to pick three to four things and focus IDC’s Digital Transformation Awards (DXa) recognises organisations that have significantly disrupted the market or have transformed it using digital and disruptive technologies. The Indonesian awards were given in […]

Thai logistics startup GIZTIX raises Series A funding round GIZTIX raises the funding round from a group of investors led by AddVentures by SCG fundinginvestmentlogisticseries Asouth east asiastartupthailand

Here are the 11 cryptocurrency exchanges approved by Japanese regulators Yesterday, Japan’s Financial Services Agency (FSA) revealed that it has approved 11 companies to run cryptocurrency exchanges in the country. The official endorsement of these operators comes several months after the FSA decided to take a more active role in the burgeoning cryptocurrency market. blockchaincryptocurrencyfinancialfundingicojapan

Virtual gaming items marketplace Itemku raises $1.2m but legal issues persist Five Jack, the South Korea-based company that operates a marketplace for virtual goods in Indonesia, today announced it raised US$1.2 million in series A investment from 500 Startups and Korean VC K-Run Ventures. Another Korean investor, which the company didn’t name, also put in […] The post Virtual gaming items marketplace Itemku raises $1.2m but legal issues persist appeared first on Stage Asia - Asia startups directory .

Payments company Ayopop raises $1m seed funding Indonesia’s Ayopop specializes in bill payments, which means it wants users to pay for things like their phone bills, electricity, and internet services through its app. Ayopop launched about a year ago and has been angel funded so far, with some investment from venture capital firm Gree. The post Payments company Ayopop raises $1m seed funding appeared first on Stage Asia - startups directory .

Snapcart raises $3m to improve its customer engagement and analytics tech Indonesia-based cashback and consumer analytics startup Snapcart announced today a fresh injection of US$3 million. This is a follow-on round on the startup’s pre-series A financing that closed last year. The round was led by Vickers Venture Partners and existing investors joined in, including […] The post Snapcart raises $3m to improve its customer engagement and analytics tech appeared first on Stage Asia - startups directory .

Online lenders like UangTeman to face new regulations in Indonesia Indonesia’s financial services authority (OJK) is working on new rules for online money lenders, The Jakarta Globe reported earlier this week. The expected release date is between April and June this year. The regulations concern online lenders who give out loans from their own capital […] The post Online lenders like UangTeman to face new regulations in Indonesia appeared first on Stage Asia - startups directory .

Jack Ma’s Ant Financial makes first investment in the Philippines Just over three months after Ant Financial first made a move into Southeast Asia with an investment in Thailand, the Chinese web giant has taken a stake in a fintech company in the Philippines. The deal, for an undisclosed amount, sees Ant Financial, maker of […] The post Jack Ma’s Ant Financial makes first investment in the Philippines appeared first on Stage Asia - startups directory .

Sexy no more: Indonesian online lingerie store Lolalola shuts down While the startup will cease operations as of January 4, customers will still be able to continue shopping on Lolalola’s social media platform The post Sexy no more: Indonesian online lingerie store Lolalola shuts down appeared first on Stage Asia - startups directory .

Indonesian logistics startup Anterin opens new R&D centre in Jogjakarta Anterin also cited a plan for national and international expansion in 2017 The post Indonesian logistics startup Anterin opens new R&D centre in Jogjakarta appeared first on Stage Asia - startups directory .

Funding famine gnaws at one more food startup: Eatfresh shuts retail food delivery Bangalore-based startup Eatfresh has suspended its on-demand food delivery service and is now focusing on group and bulk orders. “Dear customers, we no longer operate our on-demand meal delivery service, and will only cater to party or bulk orders in the future. The post Eatfresh shuts retail food delivery appeared first on Stage Asia - startups directory .