Article Trunk



Posts Tagged ‘Vietnam’

Cute “mouse-deer,” long lost to science, has been photographed again

This is a silver-backed chevrotain, aka "mouse-deer," from Vietnam. Until this and other camera trap photographs were taken in the last two years, no scientific evidence of the rabbit-sized animal had been collected in three decades. From Nature:

The animal was first described in 1910 from four specimens, but since then only one verifiable record ...

A huge database of Facebook users’ phone numbers found online

Hundreds of millions of phone numbers linked to Facebook accounts have been found online. The exposed server contained over 419 million records over several databases on users across geographies, including 133 million records on U.S.-based Facebook users, 18 million records of users in the U.K., and another with more than 50 million records on users ...

Grab promises to invest $500 million into Vietnam

Ride-hailing company Grab is going to focus some of its efforts on Vietnam with a $500 million investment over the next five years to grow its activities in the country. While Grab started as a ride-hailing company, it is now much more than that. The company has become a “super app” that you can open ...

Watch a locomotive tear down Vietnam’s terrifying “train street”

Hanoi has a train track running down a thin alleyway, immediately adjacent to homes, pubs, cafes and, well, all the tourists there to see if Train Street is for real. Alexatron: "Whilst most people would argue that a train passing through their neighborhood is a crazy dangerous thing, the local Vietnamese people have turned it ...

Aspire raises $32.5M to help SMEs secure fast finance in Southeast Asia

Aspire, a Singapore-based startup that helps SMEs secure working capital, has raised $32.5 million in a new financing round to expand its presence in several Southeast Asian markets. The Series A round for the one-and-a-half-year old startup was funded by MassMutual Ventures Southeast Asia. Arc Labs and existing investors Y Combinator — Aspire graduated from ...

Grab raises more money — again

Southeast Asia’s highest-capitalized startup is sitting on even more money from investors today after ride-hailing Grab announced it has raised $300 million from Invesco. The deal takes Singapore-based Grab $7.5 billion raised to date. The money is part of its ongoing — feels-like-everlasting — Series H round which was started last June via a $1 ...

Brankas wants to bring Southeast Asia’s banks and e-commerce into the digital era

Fintech continues to be among the biggest topics driving startups and investment in Southeast Asia. The region’s ‘internet economy’ is forecast to grow massively as its 600 million people increasingly come online — already Southeast Asia more internet users (350 million) than the U.S. has people but developing a robust payment landscape underpins those heady ...

Samsung Ventures’ first investment in Southeast Asia is HR startup Swingvy

Samsung Ventures, the VC arm of the Korean electronics giant, has made its first investment in Southeast Asia after it backed HR startup Swingvy. Singapore-based Swingy’s service provides HR services, payroll and insurance for SMEs on a freemium basis. The company announced this week that it raised $7 million that was led by the Samsung ...

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 ...

Go-Jek brings in Misfit co-founder and ex-Facebook head to lead Vietnam business

Ambitious ride-hailing startup Go-Jek’s Southeast Asia expansion plan suffered a blow when it lost the leadership team behind its business in Vietnam, but now it has replaced them with the former head of Facebook in the country. Christy Trang Le, who led Facebook’s business in Vietnam for nine months before quitting for family reasons in ...