Egypt’s ExpandCart Raises .5 Million Series A to Help Merchants Build Online Stores

Egypt’s ExpandCart Raises $2.5 Million Series A to Help Merchants Build...

Cairo-based ecommerce enablement platform ExpandCart has raised $2.5 million in a Series A round, it announced today in a statement to MENAbytes. The round...
Israel AI21 Labs Completes  Million Round Led by Pitango

Israel AI21 Labs Completes $25 Million Round Led by Pitango

Israeli startup AI21 Labs has completed a $25 million series A round led by Pitango First, the seed and early stage fund of Pitango’s...
China’s Pinduoduo Plans to Raise Up to USD 6.1 Billion to Invest in Agriculture And Manufacturing

China’s Pinduoduo Plans to Raise Up to USD 6.1 Billion to...

Chinese e-commerce company Pinduoduo (NASDAQ: PDD) is to raise up to USD 6.1 billion to invest in agricultural logistics infrastructure and responsive manufacturing as...
China’s Internet Giant NetEase Sees Robust Growth in Q3

China’s Internet Giant NetEase Sees Robust Growth in Q3

Chinese internet giant NetEase Inc. posted net revenue of 18.66 billion yuan (about 2.83 billion U.S. dollars) in the third quarter (Q3) of the...
Nasdaq-Listed China’s Bilibili Reports Record High Q3 Revenue, Up 74%

Nasdaq-Listed China’s Bilibili Reports Record High Q3 Revenue, Up 74%

Chinese online entertainment platform Bilibili Inc notched up a total net revenue of 3.23 billion yuan ($493.3 million) in the third quarter (Q3) of...
Vietnam’s Taxi Associations File Complaint over Unfair Competition against Grab

Vietnam’s Taxi Associations File Complaint over Unfair Competition against Grab

Major taxi associations in Vietnam’s three biggest cities Hanoi, Da Nang, and Ho Chi Minh City have contacted the National Assembly, the country’s legislative...
SG’s Blue Planet Receives m from Sysma Holdings

SG’s Blue Planet Receives $10m from Sysma Holdings

Singapore-headquartered Blue Planet Environmental Solutions Pte Ltd (Blue Planet) has received $10 million from Sysma Holdings Limited, an investment holding company, looking to tap...
Matrix Partners India Leads .7 Mn Funding Round in Bengaluru-Based DaMENSCH

Matrix Partners India Leads $6.7 Mn Funding Round in Bengaluru-Based DaMENSCH

Bengaluru-based Damensch Apparel, which operates men’s innerwear brand DaMENSCH, has raised $6.7 million (about Rs 50 crore as per current exchange rates) in a...

Ombudsman for Banking Services celebrates excellence at its 2020 awards

We are living in a world that is in a constant state of disruption. In this world, trust becomes a vital component of any...

Pride Factor Academy Creates Consumer Education Workshops for Financial Services Industry

Interactive Digital Workshops Comply with Social Distancing Criteria in Amended Financial Services Codes   Recent amendments to the standards required for Consumer Education programmes in...
Chinese Lufax Spinoff And Thailand’s KBank Launch Wealth Management Platform

Chinese Lufax Spinoff And Thailand’s KBank Launch Wealth Management Platform

Singapore-based Lu International, a wealth management subsidiary of Chinese fintech unicorn Lufax, and Thailand’s Kasikornbank (KBank), on Tuesday rolled out a new service for...
Israeli OurCrowd Announces  Million Strategic Investment from Japan’s ORIX

Israeli OurCrowd Announces $60 Million Strategic Investment from Japan’s ORIX

Jerusalem-based equity crowdfunding company OurCrowd Ltd. has raised $60 million from the ORIX Corporation as part of a strategic investment by the Japanese company....