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Posts Tagged ‘Countries’

Waresix hauls in $14.5M to advance its push to digitize logitics in Indonesia

Waresix​, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country — has pulled in $14.5 million to grow its 18-month-old business. This new investment, Waresix’s Series A, is led by EV Growth — the growth-stage fund co-run by East Ventures — with participation from SMDV ...

Nigeria’s Gokada raises $5.3M round for its motorcycle ride-hail biz

In many large cities across Africa, motorcycle taxies are as common as yellow-cabs in New York. That includes Lagos, Nigeria, where ride-hail startup Gokada has raised a $5.3 million Series A round to grow its two-wheel transit business. Gokada has trained and on-boarded over 1000 motorcycles and their pilots on its app that connects commuters ...

Grocery delivery startup Honestbee is running out of money and trying to sell

Honestbee, the online grocery delivery service in Asia, is nearly out of money and trying to offload its business. The company has held early conversations with a number of suitors in Asia, including ride-hailing giants Grab and Go-Jek, over the potential acquisition of part, or all, of its business, according to two industry sources with ...

Singapore’s proposed ‘fake news’ law could stifle free speech

For many, Singapore is an idyllic and livable city in Asia. But there’s serious concern for the country and its five million population around a proposed law to curb ‘fake news’ on the internet that could have ramifications for free speech. The ‘Protection from Online Falsehoods and Manipulation Bill’ had its first reading on Monday ...

Uber may have left Southeast Asia but its APAC HQ remains in Singapore

Uber exited Southeast Asia last year after it sold its local business to Grab but it continues to remain in Singapore, where it has now opened a new regional HQ for Asia Pacific and is hiring for staff. The company — which is headed for IPO imminently — won’t be restarting its service, however, which puts ...

Venezuela is losing a generation of tech talent to its humanitarian crisis

The escalating crisis in Venezuela has seen sky-high hyperinflation, widespread hunger and a large-scale exodus out of the country. The desperate circumstances have led to more than three million Venezuelans leaving the country for a better life. According to recent numbers published by the UN, Latin American countries have doled out around 1.3 million residence ...

It’s time to disrupt nuclear weapons

Beatrice Fihn Contributor Share on Twitter Beatrice Fihn is the executive director of the International Campaign to Abolish Nuclear Weapons and the winner of the 2017 Nobel Peace Prize. “Atomic bombs are primarily a means for the ruthless annihilation of cities.” Those are the words of Leo Szilard, one of the scientists who pushed for ...

Go-Jek’s Get app officially launches in Thailand as Southeast Asia expansion continues

Go-Jek is extending its reach in Southeast Asia after its Thailand-based unit made its official launch, which included the addition of a new food delivery service. Get, which is the name for Go-Jek business in Thailand, started out last year offering motorbike taxi on-demand services to a limited part of Thai capital city Bangkok, now ...

Singapore says personal details of 14,200 *** patients were posted online

For the second time inside a year, private health information belonging to people in Singapore has been compromised. Following a hack disclosed last summer that affected the patient records of up to 1.5 million citizens, Singapore’s Ministry of Health revealed today that personal details and the ***-positive status of 14,200 people were posted online by a convinced ...

Singapore’s Credit Culture raises $29.5M for its soon-to-launch digital loan business

Singapore’s digital fintech companies are attracting investor attention and dollars in 2019. Fresh from Singapore Life — a digital-only insurer — raising $33 million across two recently closed rounds, so Credit Culture, a digital loan specialist — has banked SG$40 million ($29.5 million) ahead of its imminent launch. Credit Culture has raised its capital from ...