From Online payment to eCommerce

Didi becomes more expat-friendly in China with addition of bilingual features

The best part? Translation between English and Chinese to facilitate driver-rider communications Didi Chuxing, the Chinese ride-hailing giant that swallowed Uber China, has announced the beta launch of bilingual functions on its app. The service is now only available in the country’s three top metropolises of Beijing, Shanghai, and Guangzhou, where most foreigners live and travel, […]

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Indonesian B2B e-commerce platform Bizzy acquires Alpha, gets ex-Mbiz CEO as new CEO

Bizzy and Mbiz have been seen as direct competitors in Indonesia’s budding B2B/G e-commerce sector Indonesian B2B e-commerce and e-procurement platform Bizzy announced that it has acquired B2B online marketplace Alpha for an undisclosed sum, according to a report by DailySocial. The Jakarta-based startup also announced the appointment of Alpha CEO and Founder Andrew Mawikere […]

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Grammarly raises $110 million for a better spell check

 Some people really need help with grammar. By the way, “a lot” is two words. “Your” and “you’re” are not the same thing. Grammarly has been quietly building a freemium grammar checker to help students, writers and people who want to make a good impression on social media or email. Now they’re raising $110 million from General Catalyst, IVP,… Read More

Singapore startup Anchanto raises funding to expand e-commerce logistics platforms in Asia

Anchanto’s participating investors were beauty products distributor Luxasia and Japanese e-commerce company transcosmos inc. Japan Singapore-based e-commerce fulfilment company Anchanto has secured funding from beauty products distributor Luxasia Group and existing investor Japanese e-commerce transcosmos inc. Japan (TCI). The figure was not disclosed. Anchanto will use the newly-raised capital to grow its e-commerce logistics SaaS platform in […]

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Peak Ventures shores up its second fund for $50 million

 Utah-based Peak Ventures has closed on a second fund for $50 million, outpacing Kickstart Seed Fund as the seed VC firm with the largest coffers in the state thus far. Peak took in $23 million for the first fund and has since invested in local startups like Owlet and Homie as well as the New York-based Nigerian education startup Andela. Sid Krommenhoek and Jeff Burningham launched the fund… Read More

Dell Technologies Capital emerges from stealth, announces over 70 investments

 Most venture capital funds that have 27 exits under their belt are not in stealth. In fact, most venture capital firms today don’t even know what 27 exits looks like. But Dell Ventures, in stealth until today, has been steadily investing at a rate of about $100 million per year. The group certainly knows what the market is willing to buy. It’s seen nearly 37 percent of… Read More