Asia
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China’s Wozlla Lands $2M For Its HTML5 Game Development Platform
Native apps may be the current vision what mobile games and apps should look like, but a number of companies are pioneering HTML5-based web apps as a more rounded alternative. One such company, China-based game development firm Wozlla, has landed a $2 million investment from PE firm Greenwood Asset Management to open its development technology to third-party developers worldwide. Read More
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China’s Mobile Engine Is Slowing, Says Gartner
Winter might well be coming for (more) smartphone makers as the sales engine of China shows signs of saturation and slowing growth, according to analyst Gartner. HTC Returns To The Red In Loss-Making Q2
No turnaround for Taiwanese mobile maker HTC which is predicting another loss-making quarter, releasing preliminary results for its fiscal Q2 today. India’s BankBazaar Raises $60M Series C Led By Amazon
BankBazaar, a startup that lets Indian consumers compare financial products online, has scored a $60 million Series C led by Amazon, with participation from Fidelity Growth Partners, Mousse Partners, and returning investors Sequoia Capital and Walden International. Xiaomi Sold 34.7M Smartphones In First Half Of 2015, Up 33% Year-On-Year
Chinese smartphone maker Xiaomi today confirmed that it sold just shy of 35 million phones in the first half of this year. Rakuten Acquires Tokyo-Based Travel Startup Voyagin
Rakuten not only runs Japan’s largest e-commerce site, but also one of its leading online travel agencies, booking over 3.8 million hotel nights each month. Now the company is expanding its horizons beyond hotels and flights with the acquisition of Voyagin, a Tokyo-based tour planning startup. Read More
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Xiaomi Expands Its Empire To Brazil, Will Sell First Smartphone There July 7
Xiaomi, the $45 billion valued Chinese firm ranked the world’s third largest smartphone maker, has taken its first step outside of Asia after launching its business in Brazil. Local Services Marketplace UrbanClap Gets $10M Series A To Expand Throughout India
UrbanClap, which claims to be India’s largest mobile-based services marketplace, wants to become even bigger. The New Delhi-based startup recently scored a Series A investment of $10 million from returning investors SAIF Partners and Accel Partners, which it will use to grow across the entire country, improve its app-based platform, and increase its company size from 100 employees to 500. Read More
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Playbasis, a company that offers gamification solutions for business and enterprises, has closed a $1.85 million Series A round as it bids to broaden its services and develop new technology such as virtual reality for companies. 
Gogoro, the Taiwan-based startup that raised $150 million in stealth mode before unveiling its flagship electric scooter, has finally revealed how much the vehicles will cost.