Why one of the largest ecommerce platforms in Taiwan is expanding into Southeast Asia and India’s first unicorn for 2021
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WhatsApp said it would delay the launch of the new policy from some time next month to May 2021.
We dive into the key players in India’s edtech scene and look at what fresh funding will do for this autonomous vehicle startup.
On January 4, the US-based WhatsApp said it reserves the right to share information about its users with its parent company.
The move comes after the internet titan received reports from users as well as government agencies.
In today’s ExchangeWire news digest: Google admits that some news media sites were excluded from its Search results in Australia as part of an experiment; WhatsApp and YouTube both climb to almost half a billion monthly active users in India; and…
Amazon Prime Video and Bharti Airtel, India’s second-largest mobile carrier, are teaming up to launch a mobile-only video service. Variety reports that Prime Video Mobile Edition will bolt on to a number of the carrier’s pre-paid plans, with a…
As expected, OnePlus is jumping into the wearable market. The company announced the OnePlus Band today, a cheap and cheerful fitness tracker bound for India. The centerpiece is a 1.1-inch AMOLED touchscreen with a 126 x 294 resolution and, acc…
PlayStation gamers in India will finally have the chance to get their hands on a PS5 within a few weeks’ time. The official PlayStation India Twitter account has announced that Sony’s new console will be available in the country on February 2n…
Young cyber enthusiasts from India are increasingly striking gold and making a recession-proof career by hunting bugs for tech giants
Tesla is preparing to push into a potentially vast market for its electric vehicles. Reports have suggested the company will expand into India in early 2021. While that might not occur as soon as January, CEO Elon Musk said on Twitter the move…
How these Indian startups reigned supreme in 2020, and a Chinese edtech unicorn’s US$300 million win
2020 forced India’s tech startups to think fast. From scaling down operations to venturing into new markets, they had to evolve in the Covid-19 world.
China’s year in review, Lalamove’s US$515 million fundraise, and India’s new unicorn.
Apple has once again put a manufacturer on probation over reported labor abuses. The company told TechCrunch in a statement that it has halted new contracts for Wistron after discovering pay issues at the contractor’s factory in the Narasapura…
The company said it aims to raise a total of US$6.8 million for the fund, with a ticket size of up to US$136,000 per startup.
In today’s ExchangeWire news digest: the FTC has ordered Big Tech firms to explain their practices for handling their users’ data; Facebook reasserts its interest in India as it prepares to host ‘Fuel for India 2020’; and 2021 w…
In 2018, Wakefit closed US$8.8 million in a round led by Sequoia Capital.
Online fantasy sports has skyrocketed in India. While many take a dim view of the industry, Indonesia could follow in the South Asian country’s footsteps.
Facebook is typically quick to ban groups advocating for real-world violence, but it may have been reluctant earlier this year. Wall Street Journal sources claimed Facebook wanted to ban the Indian nationalist group Bajrang Dal as a “dangerous…
There are at least 40 different OTT platforms in India, all vying for the attention of anyone with an internet connection.
The company is looking to scale its distribution network and ramp up production capacity.
The Alibaba-backed firm hasn’t launched a formal sale process and financial details of the potential deal have yet to be finalized.
Its CEO Ritesh Agarwal added that Oyo has achieved roughly “85% of the gross margin dollars” of its pre-Covid-19 levels.
The partnership will focus on rolling out its software-as-a-service platform, Stack Overflow for Teams, across the country.
These three Indian startups are looking to make a difference with their tech.
India is bringing app-based ride hailing services under dedicated regulation for the first time, and it might just set an example for other countries. TechCrunch reports the country has instituted guidelines that set expectations for both driv…
The latest round comes after the company raised US$22.5 million from hedge fund Steadview Capital in March at a valuation of US$1.2 billion.
Amazon warehouse workers in several countries are planning to carry out strikes and protests on Black Friday, one of the biggest sales events of the year for the company. Among other things, they’ll call on Amazon to improve pay and safety conditions…
How this market research platform plans on becoming the “Bloomberg of startups,” and what fresh funding will do for this HR tech firm
In today’s ExchangeWire news digest: the UK government proposes a bill to officially ban Huawei and sanction non-compliant telcos; the Indian government bans a further 43 apps made by Chinese developers from its cyberspace; and Australia reviews …
In today’s ExchangeWire news digest: the UK government proposes a bill to officially ban Huawei and sanction non-compliant telcos; the Indian government bans a further 43 apps made by Chinese developers from its cyberspace; and Australia reviews …
The latest ban includes Aliexpress and video-based shopping platform Taobao Live.
India adds 43 Chinese apps to its lengthy blacklist including Alibaba platforms, Chinese online retailer JD.com’s affiliate companies move closer to IPOs.
Only a third of the population currently own a device needed to go online.
The development comes after Flipkart also acquired mobile gaming startup Mech Mocha’s intellectual property earlier this month to drive user engagement.
Clinikk claims it has grown subscribers by 40% quarter on quarter and projects that it will have at least 300,000 new subscribers within the next three months.
Why OTT players are fighting for a slice of India’s growing video-streaming market, and Tencent’s poorly timed announcement of its Q3 earnings
Earlier this year, inFeedo raised US$700,000 in its pre-series A round.
The video-streaming market in India is a tough nut to crack, and all players in the OTT space are doing everything possible amid growing competition.
In today’s ExchangeWire news digest: the government of China introduces a draft set of news rules to tackle “monopolistic behaviour” amongst the country’s ecommerce leaders; WhatsApp launches its payment service in India; and Bl…
The launch comes after the company won approval from the National Payments Corporation of India.
It comes after PIF invested US$1.5 billion in Reliance Industries’ digital arm Jio Platforms for a 2.32% equity stake in June.
In today’s ExchangeWire news digest: the EU Commission prepares to present new legislation that will impose tighter regulation on Big Tech; WPP merges India-based agency The Glitch with VMLY&R; and SocialCode rebrands as Code3.
EU prep…
In today’s ExchangeWire news digest: the FCC affirms its decision to repeal the net neutrality rules in a 3-2 vote held last Tuesday; IAB Europe’s CEO issues a more detailed response to the DPA’s report that its Transparency and Conse…
GlowRoad has raised US$7 million in a fresh funding round from Accel, Singapore-based Vertex Ventures, and IND Fund.
Going overseas has always been tough for China tech, and in this political climate, it’s even tougher. But politics isn’t everything.
In an era of increasing geopolitical tensions, Indian startups provide a viable alternative entry strategy into Southeast Asia.
China’s domestic tech proxy war has spilt over into Southeast Asia and India. Here’s what it looks like.
The latest investment comes two months after the company secured its first round in August.