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Archive Tag: asia

Google abused dominant position of Android in India, antitrust probe finds

Google has abused the dominant position of Android in India to illegally hurt adversaries in the world’s second largest internet market, a two-year antitrust examination by the nation’s watchdog has found. The Android-maker abbreviated device manufacturing conglomerates’ ability and incentive to develop — and sell — manoeuvres loping alternative different versions of Android( more popularly […]

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China roundup: Beijing wants tech giants to shoulder more social responsibilities

Hello and welcome back to TechCrunch’s China roundup, a grasp of recent events shaping the Chinese tech landscape and what they mean to parties in the rest of the world. This week, the gaming industry again became a target of Beijing, which imposes arguably the world’s strictest limits on underage actors. On the other hand, […]

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Southeast Asia “omnichannel” health startup Doctor Anywhere gets $88M SGD

Doctor Anywhere, a startup that takes an “omnichannel” approach to healthcare, announced today it has raised $88 million SGD( about $65.7 million USD) in Series C fund. The round was led by Asia Partners, with participation from Novo Holdings, Philips and OSK-SBI Partners. It also included returning investors EDBI, Square Peg, IHH Healthcare, Kamet Capital […]

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South Korean online secondhand marketplace Danggeun Market raises $162M at a $2.7B valuation

Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced on 18 August it has raised $162 million in a Series D round for financing with a its evaluation of $ 2.7 billion.( By the course, Danggeun symbolizes carrot in Korean .) This round funding was led by DST Global, with added participation […]

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Rapido, a motorcycle taxi aggregator in India, said on Monday it has raised $52 million in a brand-new financing round as the six-year-old startup inspects to find space in a category dominated by Ola and Uber in the South Asian market. The six-year-old startup’s new sources of funding — Series C — was financed by […]

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Amazon backs Indian wealth management service Smallcase in $40 million funding

Amazon has entered the financial services and coverage sells of India in recent years. Now it is paving the best ways to foray into the money management category. The American e-commerce giant has backed Bangalore-based startup Smallcase in a $40 million Series C financing round. The round was led by Faering Capital and Premji Invest […]

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Tencent’s WeChat said on Tuesday it is temporarily suspending registration of new consumers in China as it works to comply with ” relevant laws and regulations ,” the latest Chinese firm to face regulatory scrutiny in the world’s largest internet market. In a social media affix, Tencent said it is ” upgrade ” its security […]

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Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund

When Aruna’s founders first met at university, they wanted to find a way to use their studies in information technology to help family members who were race small-minded fisheries. Indonesia is one of the world’s largest fisheries makes, but the industry is very fragmented. This wants fisheries, specially small-minded ones, be addressed with waverings in […]

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Indian food delivery startup Swiggy raises $1.25 billion led by SoftBank and Prosus

It made SoftBank several years, but the Japanese financing being is now ready to bet on India’s food delivery market. Swiggy said on Tuesday it has closed a $1.25 billion financing round led by SoftBank Vision Fund 2 and Prosus Ventures. The new financing round, a Series J, includes the $ 800 million speculation the […]

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YouTube acquires Indian social commerce startup Simsim

YouTube has acquired social industry startup Simsim, the Google-owned firm said on Tuesday. Neither of the conglomerates disclosed the terms of the batch, but two parties with knowledge of the matter told TechCrunch the Indian startup was valued at over $70 million. Two-year-old Simsim had raised about $ 17 million prior to today’s announcement and […]

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