Financial

Financial News – Tech giants, Startups, Investments, Industry, E-commerce and Financial Policy.

Vietnamese Podcast Startup Waves Shuts Down, Returns Investor Money

Vietnamese Podcast Startup Waves Shuts Down, Returns Investor Money

Vietnamese podcast startup Waves has ceased operations and returned money to investors, Shiyan Koh, general partner of Hustle Fund, an investor, confirmed to DealStreetAsia...

Western Union Launches Cross-border Payments to Japan

Global Purchases of Used Cars from BE FORWARD Can Now Be Made Using Western Union and City Express DENVER & TOKYO-- (BUSINESS WIRE/AETOSWire)-- Western Union, a...
Online Shopping: Why It’s Better Than Buying In-Store

Online Shopping: Why It’s Better Than Buying In-Store

Online shopping has exploded during the last few decades. In 2019 alone, e-commerce sales reached a dizzying $602 billion in the US, for a...
iSeed SEA Launches Micro-Fund Targeting Indonesia, Vietnam, Thailand

iSeed SEA Launches Micro-Fund Targeting Indonesia, Vietnam, Thailand

AngelList’s India CEO Utsav Somani and its former top executive Wing Vasiksiri have joined hands together to launch a new micro-fund, targeting tech startups...
India Robotics Startup Miko Raises Rs 23 Cr in Pre-Series B Round Led by Stride Ventures

India Robotics Startup Miko Raises Rs 23 Cr in Pre-Series B...

Robotics startup Miko, founded by IIT Bombay graduates Sneh R Vaswani, Prashant Iyengar, and Chintan Raikar, along with global experts in engineering, mathematics, design,...
Uzbektelecom achieves 10% increase in average revenue per user with Nexign

Uzbektelecom achieves 10% increase in average revenue per user with Nexign

Nexign Converged BSS enabled Uzbekistan’s largest telecommunications provider to add 1.6 million subscribers to its customer base and reduce time-to-market for new products and...
Dubai’s Eyewa Raises .5 Million in Fresh Funds to Grow Its Online Eyewear Platform

Dubai’s Eyewa Raises $2.5 Million in Fresh Funds to Grow Its...

Eyewa, a Dubai-based online eyewear retailer has raised $2.5 million in a pre-Series B round from Nuwa Capital, Wamda, and EQ2 Ventures, the startup...
Indian Social Video App Public Raises Rs 260 Cr from Lee Fixel’s Addition, SIG Global, Tanglin Venture Partners

Indian Social Video App Public Raises Rs 260 Cr from Lee...

Homegrown location-based social network Public, which enables people in Tier I, II, and III cities to record and share happenings around them and provide...
Singapore-Based ACE Raises US0K in Funding from Manila Angel Investors Network

Singapore-Based ACE Raises US$400K in Funding from Manila Angel Investors Network

Singapore-based personalised celebrity video platform ACE has raised US$400K in pre-seed funding to propel global growth of the largest celebrity shout-out platform in Southeast...
Koh Boon Hwee-Backed US0M+ VC Fund Altara Ventures to Invest in 20-25 Firms in SEA

Koh Boon Hwee-Backed US$100M+ VC Fund Altara Ventures to Invest in...

A group of tech and investment veterans, including Koh Boon Hwee, Tan Chow Boon and Seow Kiat Wang, have joined hands to launch Altara...
Transsion Took in ¥1.3 Billion in Net Profit in The First Three Quarters of 2019, a Year-on-Year Increase of 732%

Transsion Took in ¥1.3 Billion in Net Profit in The First...

Transsion released its 2019 Q3 financial report which showed that the company took in ¥16.855 in revenue in the first three quarters of 2019,...
51Talk‘s Turnover Reached¥353.4 Million in Q2, a Year-on-Year Growth of 25.4%

51Talk‘s Turnover Reached¥353.4 Million in Q2, a Year-on-Year Growth of 25.4%

51Talk released its 2019 Q2 financial report which showed that took in ¥498.5 million in cash. Net revenue of 51Talk reached ¥353.4 million, year-on-year...