Jun 17, 2014 | China, East Asia, News
WeLab, the startup that runs WeLend, Hong Kong’s first peer-to-peer lending site, has raised a $14 million Series A from TOM Group and Sequoia Capital. The company says it plans to launch a new product in mainland China later this year that will use big data for...
Jun 9, 2014 | News, Southeast Asia
TechCrunch June 9, 2014 aCommerce, a regional end-to-end e-commerce logistics and service provider for Southeast Asia, has closed a Series A funding round of $10.7 million. According to the company, this is the largest Series A for a Thailand-based startup and one of...
Jun 5, 2014 | China, East Asia, News
China’s biggest e-commerce firm Alibaba has bought a 50% stake in Guangzhou Evergrande Football Club for a reported 1.2 billion yuan ($192m; £114m). Guangzhou Evergrande is one of China’s most successful football clubs. It was the first Chinese team to win...
May 29, 2014 | News, Southeast Asia
TechCrunch May 29, 2014 GrabTaxi, the taxi-calling app that claims to be the largest in Southeast Asia, said today that it has raised a $15 million Series B led by GGV Capital with participation from Qunar and returning investor Vertex Venture Holdings. The latter led...
May 28, 2014 | News, North America
The growth of e-commerce behemoths like Amazon and the convenience they offer to shoppers have been especially hard on local brick-and-mortar stores. A startup called Bindo wants to reverse that trend. Headquartered in New York City with offices in Hong Kong, Bindo...