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Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines – TechCrunch

Tencent backs fintech firm Voyager to set up battle with Alibaba in the Philippines – TechCrunch China’s internet battle is rapidly reproducing itself in Southeast Asia. One new hotspot is the Philippines, where Tencent just agreed to invest in Voyager, a fintech business started by telecom firm PLDT. The deal …

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Go-Jek is close to launching a ride-hailing service in Singapore – TechCrunch

Go-Jek is close to launching a ride-hailing service in Singapore – TechCrunch Indonesia’s ride-sharing startup Go-Jek plans to land in Singapore, its arch-rival Grab’s front lawn, as soon as this month as its regional expansion program gains speed, TechCrunch has come to understand. Go-Jek has grown to become a $5 …

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Middle East’s Careem is the latest ride-sharing unicorn to get an India-based tech team – TechCrunch

Middle East’s Careem is the latest ride-sharing unicorn to get an India-based tech team – TechCrunch India is the new tech outsourcing destination for ride-hailing companies. Southeast Asia’s Grab and Go-Jek both have sizable engineering teams in the country, and now that duo is joined by another billion-dollar company. Careem, …

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Ride-hailing startup Shohoz raises $15M to build the Grab of Bangladesh – TechCrunch

Ride-hailing startup Shohoz raises $15M to build the Grab of Bangladesh – TechCrunch Uber may be global but it is very much the alternative in some parts of the world. One such place is Bangladesh — the South Asian country that’s home to 160 million people — where local rival Pathao …

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Go-Jek plans to raise $2B more for Southeast Asia ride-hailing battle – TechCrunch

Go-Jek plans to raise $2B more for Southeast Asia ride-hailing battle – TechCrunch Indonesia’s Go-Jek is planning to raise $2 billion from investors to fuel its ride-hailing battle with Grab in Southeast Asia. Go-Jek raised $1.5 billion earlier this year from investors that include Chinese trio Tencent, Meituan and JD.com, …

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Golden Gate Ventures closes new $100M fund for Southeast Asia – TechCrunch

Golden Gate Ventures closes new $100M fund for Southeast Asia – TechCrunch Singapore’s Golden Gate Ventures has announced the close of its newest (and third) fund for Southeast Asia at a total of $100 million. The first hit a first close in the summer, as TechCrunch reported at the time, …

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Southeast Asia’s Fave raises $20M and adds mystery strategic investor from China – TechCrunch

Southeast Asia’s Fave raises $20M and adds mystery strategic investor from China – TechCrunch So you thought group-buying was dead?! Not in Southeast Asia where Fave, a company that aims to connect local merchants with customers using discount sales, has closed a $20 million Series B round as it explores expansion …

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Go-Jek kicks off Southeast Asia expansion with Vietnam launch – TechCrunch

Go-Jek kicks off Southeast Asia expansion with Vietnam launch – TechCrunch Go-Jek, the Indonesia-based ride-sharing company valued at $5 billion, has begun its ambitious plan to increase its rivalry with Grab by expanding into three new markets after it opened shop in Vietnam. The service — which is known as Go-Viet …

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Google adds new Singapore data center as Southeast Asia reaches 330M internet users – TechCrunch

Google adds new Singapore data center as Southeast Asia reaches 330M internet users – TechCrunch Google is adding a third data center to its presence in Singapore in response to continued internet growth in Southeast Asia. It’s been three years since it added a second center in Singapore, and during …

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Golden Gate Ventures hits first close on new $100M fund for Southeast Asia – TechCrunch

Golden Gate Ventures hits first close on new $100M fund for Southeast Asia – TechCrunch One of the fascinating things about watching an emerging startup ecosystem is that it isn’t just companies that are scaling, the very VC firms that feed them are growing themselves, too. That’s perhaps best embodied …

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