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Stripe brings its payments platform to India at last

Stripe announced today that it’s launching its payment gateway and processing service in India, after roughly seven years in operation in 25 countries. The company, which lets online businesses accept payments from customers with a per-transaction charge and no setup fee, is right to enter India now: as the company …

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Spotify and Tencent agree to swap stakes in their music businesses

Tencent’s overseas investment splurge continues after the company confirmed a deal with Spotify that will see the duo make investments in each other’s music businesses. Tencent Music Entertainment (TME), the Chinese firm’s subsidiary that manages its music streaming and karaoke services, will make an undisclosed minority investment in Spotify through …

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Uber lands investment from Singapore’s largest taxi operator in blow to rival Grab

Uber has struck a major deal in Southeast Asia after ComfortDelGro, Singapore’s largest taxi operator, announced [PDF] it has agreed to buy a majority share of the ride-hailing giant’s Singapore-based business. The deal will see a joint venture valued at SG$642 million (US$474 million) established to run Uber Singapore. Comfort will …

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China’s Didi is coming to Mexico to battle Uber

Didi Chuxing, the go-to ride-hailing service in China, is looking to bring the fight to Uber in North America by entering Mexico soon, reports Reuters. The company – which claims to have 450 million users on its platform and is the second most highly valued venture-backed private firm on the …

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China’s JD partners with accelerator program Plug and Play to reach US startups

E-commerce giant JD.com, the closest rival to Alibaba in China, is broadening its presence in Silicon Valley after it announced a collaboration with accelerator firm Plug and Play to seek out and work with promising U.S. startups. The e-commerce giant said it will share technologies, including AI, cloud and smart …

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China’s JD partners with accelerator program Plug and Play to reach US startups

E-commerce giant JD.com, the closest rival to Alibaba in China, is broadening its presence in Silicon Valley after it announced a collaboration with accelerator firm Plug and Play to seek out and work with promising U.S. startups. The e-commerce giant said it will share technologies, including AI, cloud and smart …

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Ford recruits Alibaba to help break into China’s electric vehicle industry

Ford has put a lot of focus on China’s electric vehicle market — with a local joint venture expected to lead to 15 electric or hybrid models on sale in the country by 2025 — and today the automotive giant announced a tie-in with Alibaba to fulfill its ambitious goals. The …

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Facebook co-founder’s B Capital leads $10M investment in Indian payment startup Mswipe

B Capital, the investment firm from Facebook co-founder Eduardo Saverin that is backed by BCG, has stepped into India after it backed smart point-of-sale company Mswipe in its first deal in the country. The U.S.-Asia fund is investing $10 million into Bangalore-based Mswipe alongside DSG Consumer Partners in what is an extension …

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As Cook and Pichai leave China, Valley confronts rising internet tyranny in world’s second largest market

It’s been a bad few months for internet freedom in China (and really a bad few decades, but who is counting?). The government brought into force a broad-ranging “cybersecurity law” earlier this year that empowers Beijing to take unilateral control over critical internet infrastructure, while also mandating that foreign companies …

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