Asia
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Singaporean On-Demand Grocery Startup Honestbee Gets $15M To Expand To Six New Asian Countries
Honestbee just raised $15 million for its on-demand grocery delivery service, but it has loftier aspirations. Head of marketing Shane Chiang says the Singapore-based company launched as a “social impact business” to give employment to people who can’t hold a regular job, such as stay-at-home parents, caregivers, and students. Honestbee’s part-time shoppers collect… Read More
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Works Applications, One Of Japan’s Largest Enterprise Software Makers, Launches In The U.S.
Works Applications is one of Japan’s largest enterprise software companies, but it’s still unknown in the United States. The Tokyo-based company is hoping to change that with the launch of AI Works, a cloud-based enterprise resource planning platform that uses artificial intelligence to make data entry less tedious, faster, and more accurate. Read More
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Zomato Closes Its Cashless Payments Service Following A Trial In Dubai
Following up on a big round of layoffs earlier this week, Zomato said it is shutting down its cashless payments system — a system that it had trialled in the Middle East at the beginning of this year. How Uber Scaled The Great Wall, Or 5 Tips For Acquiring Mobile Users In China
China is the largest smartphone market in the world. It’s no surprise, then, that Uber has committed more than $1.2 billion in this coming year to winning the market. After just 12 short months, Uber has gone from one percent to somewhere between 11 and 30 percent market share (stats seem to vary widely), with plans to expand to 100 new Chinese cities this coming year. Read More
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OnePlus Will Announce Another New Smartphone On October 29
OnePlus Commits To Manufacturing Some Of Its Smartphones In India
China-based budget Android smartphone maker OnePlus is the latest to pledge to make some of its devices in India. The move, which is part of the government’s Make In India campaign, follows a similar strategy from rival Xiaomi, which started producing its first device in India — the Redmi 2 Prime — in Augu Read More
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Sony Buys Gesture-Tracker And 3D-Sensor Maker, SoftKinetic
Sony has announced it has acquired Belgium-based SoftKinetic, a maker of 3D sensing computer vision technologies including Kinect-style depth cameras, CMOS depth chips and gesture-tracking middleware. Portea Medical, One Of India’s Largest Home Care Providers, Gets $37.5M From Accel
Portea Medical, a startup that provides in-home healthcare in India, has raised a $37.5 million Series B led by returning investor Accel. The round’s other participants include International Finance Corporation (IFC), a member of the World Bank Group, Qualcomm Ventures, and Ventureast. Read More
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Apple’s iPhone Market Grew 75% Year Over Year In China
Apple’s iPhone market grew 75 percent in China year over year, Apple CEO Tim Cook announced on stage today. The Greater China region is Apple’s second-largest market after the Americas. When Apple released the big-screened iPhone 6 and iPhone 6 Plus last September, the company’s sales in China really took off. In Apple’s Q3 earnings, the company reported $13.2 billion… Read More
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Why Southeast Asia Is Leading The World’s Most Disruptive Mobile Business Models
Earlier this summer, more than 35,000 industry leaders gathered at Mobile World Congress Shanghai 2015 to discuss the future of mobile, making it the largest-ever mobile-focused event in Asia. I was joined by peers from Netflix, Line, Ola Cabs, Flipkart and Twitter to discuss future business models for the mobile Internet. Most of this discussion steered towards China and India, but I was there… Read More
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