Asia
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T-Shirt Design App Snaptee Raises $750,000 In Additional Funding
Snaptee, an app that lets users turn their smartphone photos into T-shirt designs, has raised an additional $750,000 from new investors SXE Ventures, Nest, Groupon Hong Kong co-founder Danny Yeung, and Joel Neoh, the CEO of Groupon Taiwan and Groupon Malaysia. The latest funding brings the total Snaptee has raised so far to $1.95 million. Read More
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Facebook Turns On “Bandwidth Targeting” To Match Mobile Ads To Your Network Quality
Facebook today counts more users, and faster growth, outside of its home market of the U.S. than inside it, but the U.S. still accounts for nearly half of all the social network’s ad revenues. To help boost the ratio in emerging, rapidly expanding markets, where mobile devices are the primary means for going online, today Facebook said it would turn on a new piece of ad tech called… Read More
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Korean Bitcoin Exchange Korbit Raises $3M Series A
Korean bitcoin exchange Korbit has raised $3 million in Series A funding led by SoftBank Ventures Korea and Pantera Capital, with participation from BAM Ventures, and returning investors Bitcoin Opportunity Corp., Tim Draper, Pietro Dova, and Strong Ventures. The startup told TechCrunch that it will use its Series A to improve the quality of its products and services and make additional hires. Read More
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Talking On Tablets On The Rise In Asia
The phone-sized tablet — aka the phablet — was born in Asia, so it’s fitting that the region is now apparently driving a trend for talking on even larger slabs of glass and plastic. Analyst IDC says tablets with a screen of 7 inches or larger are increasingly shipping with cellular voice capabilities — and getting increasing traction the Asia/Pacific region,… Read More
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The Fair Labor Association Delivers Its Findings On Two Apple Supplier Facilities
Back in 2012, Apple signed up for the Fair Labor Association’s voluntary audits in order to bring more transparency to its production practices and supplier partnerships. Today, the FLA released a new report, which contains an audit of two facilities operated by supply partner Quanta in Changshu and Shanghai. The results of the report capture a snapshot of the state of affairs at… Read More
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Thai Fashion Site WearYouWant Scoops Up $1.5M Series A
WearYouWant, a fashion retail site, has raised $1.5 million in Series A funding. The round was lead by Digital Media Partners (DMP), a venture firm that specializes in emerging markets, as well as Japanese e-marketing firm OPT SEA. Other investors include IMG Investment Partners and WearYouWant co-founder Julien Chalte. Read More
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Financial Management Platform 8 Securities Closes $9M Series B
Stock trading and financial management platform 8 Securities has closed a $9 million Series B to support its expansion in Japan and China. Returning investors include Velocity Capital and Leitmotiv Private Equity. Xiaomi’s One More Thing
The young electronics company Xiaomi is exploding in China and seems posed to take over the world. In the four short years since its founding, Xiaomi has become the electronics brand to watch in the most populous nation on earth. Xiaomi is the now the real deal — thanks in part to its unabashed appropriation of design cues from companies like Apple. Read More
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Surprise! Xiaomi’s New Metal-Edged Flagship Looks Like An iPhone. But Its $13 Wearable Is Novel
Fast growing Chinese Android smartphone startup Xiaomi, which earlier this month reported that it had shifted ~26 million handsets in the first half of this year, has unveiled a new flagship device which it will be hoping powers it over its sales target of 60 million smartphones in full year 2014. It’s also taken the wraps off its first wearable: the Mi Band. Read More
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VCs Find Fertile Ground In Women’s Health
Silicon Valley entrepreneurs and investors may be predominately male, but they’re fully attuned to the women’s health market. Mobile health apps have become increasingly popular as consumers seek to monitor every aspect of their lives through their mobile devices. In the past few quarters, apps targeting women’s health are topping the charts in terms of popularity and… Read More
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