Asia
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Line Pay, The Messaging App’s Mobile Payments Service, Makes Its Global Debut
Back in October, Line Corporation, which operates the messaging app, announced plans for a mobile payments service. Now the feature, called Line Pay, will be available December 8 as an update for most users around the world. MOCAheart Makes Keeping Track Of Your Heart’s Vital Signs Easy
MOCAheart wants to make keeping track of your cardiovascular health as easy as pressing a button. The device, which is currently on Kickstarter, was developed by a team led by Naama Stauber and Dr. Daniel Hong, who was a physician at National Taiwan University Hospital, one of the country’s top teaching hospitals, before becoming an entrepreneur. Read More
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Mobile Marketplace Carousell Raises $6M Series A Led By Sequoia Capital
Carousell, a mobile app marketplace that lets sellers upload items with a few taps on their smartphones, has raised $6 million in Series A funding led by Sequoia Capital. The Singaporean startup’s existing investors, Rakuten Ventures, Golden Gate Ventures, 500 Startups, and serial entrepreneur Darius Cheung, also returned for this round, which brings Carousell’s total raised so far… Read More
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Singaporean Mobile Game Developer Inzen Raises $748,000 To Tackle The Chinese Market
Inzen, a Singapore-based mobile game developer, has raised a Series A round of $935,000 SGD (about $748,000). The company is setting its sights on China as it prepares to launch a new portfolio of titles for international markets next year. Its latest funding round, which brings the total Inzen has raised to $1,485,000 SGD (about $1,190,000) so far, was led by Japan’s Incubate Fund,… Read More
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Deep Identity Raises $470,000 To Help Companies Manage Access On Their Networks
Deep Identity, a Singapore-based startup that helps companies manage access to their internal networks and services, has raised US$470,000 (SG$589,000) to expand its services into the cloud and open a presence in Europe. SwiftKey Eyes The Far East With Beta Launch Of Chinese On Android
Predictive keyboard maker SwiftKey, which is backed by investors including Index and Accel, has finally launched a Chinese beta of its software on the Android platform. This follows the launch of SwiftKey for Japanese beta back in May.
This time last year the U.K. startup — which was founded back in 2008 — told TechCrunch the two Asian languages were the big outstanding… Read More
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Korean Internet Giant Daum Kakao Launches Its Own Mobile Payment Platform
Daum Kakao, one of the largest Internet companies in South Korea, has launched a mobile payment platform called BankWalletKakao as it addresses concerns about its ability to grow in international markets. Daum Kakao was formed last month by the merger of Daum, one of South Korea’s largest Internet portals and search engines, with Kakao, the maker of KakaoTalk, South Korea’s most… Read More
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Bharti SoftBank Acquires 36.5% Stake In Indian Media Startup ScoopWhoop
Bharti SoftBank, a joint venture between business group Bharti Enterprises and SoftBank Corp., announced today that it has acquired a 36.5 percent stake in ScoopWhoop, an Indian-focused media startup. Though financial terms were undisclosed, the deal is interesting because it’s the latest in a series of investments by SoftBank in Indian startups. The Japanese telecom giant recently said… Read More
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Xiaomi Now The World’s Third Biggest Smartphone Maker, Says IDC
Xiaomi is now the world’s third largest smartphone maker, due in large part to the success of its high-end Mi4, says new research by IDC. This is also the first time that Xiaomi has broken into the research firm’s list of the top 5 smartphone makers in the world. Samsung remains at the lead despite declining shipment volume, followed by Apple, Xiaomi, and Lenovo and LG, which tied… Read More
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Nintendo Second-Quarter Earnings Push Past Expectations
Nintendo, which has seen several quarters of disappointing results, managed to pull out a quarterly operating profit of 215 million yen ($2 million) in its second quarter, compared to an 18 billion yen operating loss in the same quarter a year ago. According to Thomson Reuters Starmine, analysts had expected a 3.7 billion yen loss for the quarter. Read More
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