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Posts Tagged ‘asia’

China’s coffee upstart Luckin pushes into India and Middle East

Luckin continues to expand at jaw-dropping speed as it announced plans to open shop overseas for the first time. On Monday, the Starbucks challenger from China said it has signed a memorandum of understanding to set up a joint venture with Americana Group, a major international food group. The deal will see Luckin launch a ...

With Chandrayaan-2 launch, India’s ISRO shoots for the Moon on a shoe-string budget

India took a giant leap in its space program on Monday after its space agency launched a spacecraft that is scheduled to touch down on the Moon in September. The Indian Space Research Organization (ISRO), which is India’s equivalent of NASA, confirmed the successful launch of the spacecraft as the nation inches closer to become ...

Visa invests in India-based B2B payments platform PayMate’s $25M round

PayMate, a Mumbai-based startup that helps businesses automate and digitize their payments, is raising $25 million in a new round, its founder said, as it looks to expand its presence within India and in international markets. In an interview with TechCrunch, Ajay Adiseshann, founder and CEO of PayMate, said the startup has already raised a substantial ...

White Star Capital eyes Asia growth with new Hong Kong office

For western startups looking to enter Asia and Asian startups expanding globally, more funding has become available as investors are increasingly looking to export local tech solutions to overseas markets. Globally based venture capital firm White Star Capital has set up a new office in Hong Kong this month to capture entrepreneurs in the budding ...

This soup has been simmering for 45 years in a Bangkok restaurant

A family-run restaurant in Bangkok has had a the same giant *** of soup simmering for 45 years. When it runs low, they top it off.

From Great Big Story:

It’s a beef noodle soup called neua tuna. It simmers in a giant ***. Fresh meat like raw sliced beef, tripe and other organs is added ...

After Baidu tie-up, BMW taps Tencent for autonomous driving in China

China is BMW’s largest market, and the German automaker knows in order to capture the country’s demanding consumers, its future models must support robust autonomous driving capability. But to build it itself in China is hardly possible. The success of autonomous driving relies in part on high-definition mapping, a process that requires an expansive collection ...

Hardware startups take center stage for Hardware Battlefield at TC Shenzhen

Software grabs so much attention that it even has its own catchphrase — there’s an app for that. It’s not a bad thing, but we know nothing happens without hardware. That’s why we’re hunting for the best early-stage hardware startups to take center stage at Hardware Battlefield at TC Shenzhen on November 11-12 in China. Apply ...

How US national security agencies hold the internet hostage

Team Telecom, a shadowy US national security unit tasked with protecting America’s telecommunications systems, is delaying plans by Google, Facebook and other tech companies for the next generation of international fiber optic cables. Team Telecom is comprised of representatives from the departments of Defense, Homeland Security, and Justice (including the FBI), who assess foreign investments ...

InCountry raises $15M for its cloud-based private data storage-as-a-service solution

The rise of data breaches, along with an expanding raft of regulations (now numbering 80 different regional regimes, and growing) have ****** data protection — having legal and compliant ways of handling personal user information — to the top of the list of things that an organization needs to consider when building and operating their ...

EBay picks 5.5% stake in India’s Paytm Mall

EBay said today it is buying a 5.5% stake in e-commerce marketplace Paytm Mall as the global firm makes another push to gain footprint in India’s fast-growing e-commerce market. The two firms did not disclose financial terms of the deal, but a source familiar with the matter told TechCrunch that EBay has invested between $150 ...