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Struggling e-commerce firm LightInTheBox completes $85M deal for Singapore’s Ezbuy – TechCrunch

Struggling e-commerce firm LightInTheBox completes $85M deal for Singapore’s Ezbuy – TechCrunch Southeast Asia is a growing digital marketplace and increasingly a focus for startups across the world but there haven’t been many exits. So it’s notable, then, that struggling Chinese discount e-commerce service LightInTheBox has closed its acquisition of …

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Japan’s Sansan raises $26.5M to help Southeast Asia get more from business cards – TechCrunch

Japan’s Sansan raises $26.5M to help Southeast Asia get more from business cards – TechCrunch The humble business card is a target for disruption in Southeast Asia after Japanese contacts management startup Sansan raised JPY 3 billion ($26.5 million) to expand its business into the region. Founded way back in 2007, …

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Neuron Mobility raises $3.7M to bring e-scooters to Southeast Asia’s cities – TechCrunch

Neuron Mobility raises $3.7M to bring e-scooters to Southeast Asia’s cities – TechCrunch Despite the rise in electric scooters in the U.S, you’d be forgiven for thinking that Asia — the region where bike-sharing foreshadowed the rise of e-scooters — has been left off the party. But e-scooters have quietly been …

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Google invests in Japanese AI and machine learning startup ABEJA – TechCrunch

Google invests in Japanese AI and machine learning startup ABEJA – TechCrunch Google has made a rare investment in Japan after the company led a follow-on round for AI and machine learning startup ABEJA. The deal amount is undisclosed but a little digging suggests that it is likely a single-digit million …

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Singapore Government Agency Backs New Blockchain Accelerator

Singapore Government Agency Backs New Blockchain Accelerator Enterprise Singapore, a government agency set up to develop the startup ecosystem, is supporting a new blockchain accelerator program called Tribe Accelerator. Announced Tuesday by TRIVE Ventures, an early stage Southeast Asia-focused venture capital firm based in Singapore, the accelerator is being launched …

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EasyShip, a Stripe for global e-commerce shipping, raises $4M – TechCrunch

EasyShip, a Stripe for global e-commerce shipping, raises $4M – TechCrunch Easyship, a Hong Kong-based startup that aims to make international shipping for e-commerce as easy as payments, has closed a $4 million Series A round. The company was founded in 2015 by former Lazada duo Tommaso Tamburnotti and Augustin Ceyrac, …

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“The problem is Facebook,” lawmakers from nine countries tell Zuckerberg’s accountability stand-in – TechCrunch

“The problem is Facebook,” lawmakers from nine countries tell Zuckerberg’s accountability stand-in – TechCrunch A grand committee of international parliamentarians empty-chaired Mark Zuckerberg at a hearing earlier today, after the Facebook founder snubbed repeat invitations to face questions about malicious, abusive and improper uses of his social media platform — including …

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Topica raises $50M for its online learning services in Southeast Asia – TechCrunch

Topica raises $50M for its online learning services in Southeast Asia – TechCrunch Vietnam’s startup ecosystem is making forward progress. Just a week after 500 Startups’ local entity closed a $14 million fund for early-stage investments, one of the country’s elder statesmen of startups — educational service Topica — has …

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Cross-border fintech startup Instarem raises $20M for global expansion – TechCrunch

Cross-border fintech startup Instarem raises $20M for global expansion – TechCrunch Instarem, a Singapore-based startup that helps banks transfer money overseas cheaply, has raised a Series C round of over $20 million for global expansion. The round is led by MDI Ventures — the VC arm of Indonesian telecom operator …

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Google’s News Initiative heads to APAC with grants of up to $300K for media orgs – TechCrunch

Google’s News Initiative heads to APAC with grants of up to $300K for media orgs – TechCrunch Google is expanding its efforts to support media to Asia Pacific after the search giant brought its Google News Initiative to the region. Known as GNI, the program is designed to “help quality …

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