From Online payment to eCommerce

These three players dominate China’s consolidated food delivery market

The year of 2016 has witnessed the most dramatic changes of China’s food delivery industry with the continuous influx of hefty capital pitted against food security scandals However, as the country’s food delivery industry begins to wind down, the market is becoming more consolidated with a few leading players controlling a dominant share, with an expected worth of 165.29 billion RMB...

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PiMoney aims to provide a comprehensive aggregation solution for bank accounts, credit cards, loans and investments

The technology automates that login procedure on user’s behalf   Personal finance aggregation (PFA) is a simple way of aggregating financial information in one place. PFA tools will aggregate the information on bank accounts, credit cards, investments, loans and retirement funds in one place. There are a number of personal finance aggregation tools in Asia:...

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Thailand’s 500 Tuk Tuks hits the gas, expands investment fund to US$15 million

Over a year old, the company has invested in 20 companies — including Echelon Alumni GizTix 500 Tuk Tuks, the Thailand-based fund for the global VC firm 500 startups, announced today it will be expanding its fund size to US$15 million, a US$3 million infusion from its current number of US$12 million. Announced on his...

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Why your next company doesn’t have to (or shouldn’t) be a unicorn

Focus on creating a successful product or service rather than immediately making your way to the top “Buyers like us, we have a lot of options. It’s a buyer’s market.” My friend, a successful entrepreneur who, like me, buys software companies, went on about how venture capital is harder to come by lately. “And these...

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To succeed in IoT, hire a chief data officer

 For many businesses, ownership of the Internet of Things lies within a number of C-suite titles. But IoT demands an interdisciplinary approach, whether the desired outcome is to streamline internal processes, introduce new customer experiences or...

On-demand sales force Universal Avenue closes $10M Series A

Universal Avenue founders Universal Avenue, the Stockholm-headquartered startup that lets companies access a local sales force on demand, has closed a deal of its own.
The company has raised $10 million in fresh Series A funding, adding to the $5 million “extension” to its seed round a little under a year ago and bringing total funding to $17 million. Read More