Asia
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HTC’s New Vive Dev Kit Blends VR And AR
Virtual reality. If you’re sick of the sound of VR already consider that a taster of the queasy sensations tech companies are aiming to flog consumers this year. To wit: HTC has just announced a second gen dev kit version of the Vive virtual reality headset it’s making in partnership with games publisher Valve. Read More
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The Unicorns Of Southeast Asia
I have spent most of my life living and traveling in Southeast Asia; the last two years as the mentor to Asian startups. Southeast Asia — home to 620 million people across 11 countries — has been skyrocketing with tremendous growth; case in point, the 16 percent increase in Aggregate Investment Deal Value, to US$1.05 billion in 2014. Read More
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Alibaba To Invest $1.25B In Restaurant Delivery Service Ele.me, Says Report
Alibaba will reportedly invest $1.25 billion in Ele.me, a food delivery service based in Shanghai, says financial news site Caixin (link via Google Translate). The deal would Alibaba the startup’s biggest shareholder, with a 27.7 percent stake. Tesla’s Model S To Get Spotify Premium For Free Outside Of The US
If you’re buying a Tesla Model S, you can probably afford to bring your own tunes to the mix, but the company has announced today that you’ll get free Spotify Premium integration with your purchase in Europe, Australia and Hong Kong. Not for the US, but it’s still one final burn for the previously implemented and now acquired Rdio. Here’s what Spotify’s… Read More
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Rivigo, An Indian Logistics Startup That Uses Tech To Ensure Driver Safety, Raises $30M Series B
Rivigo, an Indian startup that wants to build a more reliable and safer logistics network, has raised a $30 million Series B led by SAIF Partners. The funding, which includes equity and debt financing, will go toward improving Rivigo’s proprietary hardware platform, which it uses to reduce driver fatigue, find the best traffic routes, and monitor the performance of its trucks. Read More
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Colopl Launches $50M Global Fund Dedicated To Virtual Reality
There’s no shortage of ideas and projects in the virtual reality space. There are tons of studios popping up all over the world to create immersive content for the platform. With the Oculus, HTC and Sony offerings coming next year, now’s a better time than any to dabble in the space. If only there was money to be raised. Welp, Colopl, a company deeply rooted in mobile gaming,… Read More
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China’s UnionPay Steps Into Mobile Payments In JV With UK Startup Powa
On the heels of reports that Apple Pay is gearing up for a February launch of Apple Pay in China, the country’s biggest credit card company has entered into a JV with a mobile payments startup out of the UK to take its own steps into smartphone-based transactions. UnionPay, the state-run company that controls debit and credit card payments processing in China, has inked a 10-year… Read More
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Samsung Galaxy S7 To Get Pressure Sensitive Screen, Faster Charging Port, Says WSJ
Samsung is set to take a leaf out of Apple’s playbook for the next iteration of its flagship Galaxy smartphone. According to the WSJ — quoting “people familiar with the matter” — the Galaxy S7 will have a pressure sensitive display when it launches next spring. Korea’s Yello Mobile Raises $47M More At A $4B Valuation Led By Formation 8
Korea’s Yello Mobile has made a name for itself raising $100 million and using it to hoover up more than 80 startups to build its mobile apps business, which now serves 18 million users. Now, Yello Mobile is raising again: it has racked up another $47.2 million in financing, led by existing investor Formation 8. The funding comes as convertible debt at a $4 billion… Read More
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Flipkart Exits The E-Book Business, Transfers Users To Rakuten Kobo
Flipkart, one of the biggest players in India’s booming e-commerce market, has conceded that there is one part of online retail it can’t win, and stopped selling e-books. Users who have already made purchases can still access their libraries on the Flipkart e-book app or through Kobo, the e-book platform owned by Rakuten. Read More
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