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Uber gets a $10 billion ride with Softbank

Uber is on the verge of its biggest ever funding round after approving SoftBank’s bid to buy a sizeable stake

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Uber is on the verge of its biggest ever funding round after approving SoftBank’s bid to buy a sizeable stake.

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The deal looks set to allow Softbank and an array of other investors to buy a US$10 billion stake in the ride-hailing firm, reports Bloomberg this morning.

Here’s how Uber, Softbank, and its rivals stack up after this game-changing investment:

Uber funding history

Uber funding history

Uber funding history

Uber funding history

This post Uber and the ride-hail funding war appeared first on Tech in Asia.

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Startups

Vietnam Loship secures investment from Skype co-founder

This capital injection marks Loship as the first portfolio company of MetaPlanet in Vietnam and Southeast Asia.

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Hanoi (VNS/VNA) – Loship, Vietnam’s fast-growing one-hour-delivery e-commerce startup, has announced its latest investment from Skype co-founder Jaan Tallinn.

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Traveloka to launch financial services in Vietnam and Thailand

Traveloka, which says it has 40 million active monthly users, is developing “buy now, pay later” services for Vietnam and Thailand.

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Indonesian company Traveloka and Southeast Asia’s largest online travel startup, plans to launch financial services in Vietnam and Thailand as it eyes a listing in the US, its president said.

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Thai Gaming Startups And Trends For 2021

Thailand is one of Southeast Asia’s most important markets for mobile games. There are about 531 Thai publishers on Google Play and about 1,684 Thai published games available for download on the store.

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The name Thailand may not easily come to mind in any discourse on mobile or online gaming. However, with an estimated 27 million video gamers and projected revenue of $54m from online games in 2021, Thailand has positioned itself as a rising force in the gaming industry.

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