Startups
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
Uber is on the verge of its biggest ever funding round after approving SoftBank’s bid to buy a sizeable stake.
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:
This post Uber and the ride-hail funding war appeared first on Tech in Asia.
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.
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.
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.
(more…)
Thailand welcomes first Finnair flight from Stockholm to Phuket
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More COVID-19 restrictions are relaxed in Thailand from 16 October 2021
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China’s economy stumbles on power crunch
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Quarantine-Free Thailand Reopens for Vaccinated Tourists From 1 November 2021
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The ASEAN-India Trade in Goods Agreement
The ASEAN-India Trade in Goods Agreement (the “Agreement”) is a trade deal between the ten member states of ASEAN and...