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Uber has agreed to purchase 24,000 units of XC90 SUV from Volvo between 2019 and 2021, to build its self-driving fleet. ...
Business • Tech • Transportation|
In China, KFC in partnership with Alipay, has launch the “Smile to Pay” service, a facial recognition service that allows customers of the fried chicken food chain to...
Business • Tech|
In order to expand its property, local conglomerate Sterling Paper Group of Companies (SPGC) announce that it has acquired 85% stake in Openovate, a web and mobile developer....
Grab, the leading ride-sharing service in South East Asia, just announce that Didi Chuxing and Softbank will invest up to US$2.0 billion in the company. Grab anticipates that it...
Investment • Tech|
In a SEC filing, Verizon is moving forward with the $4.8 billion acquisition of Yahoo! which will later be integrated with AOL, a company that Verizon acquired for $4.4 billion on...
Business • Internet • Tech|
Sainul Abudheen K, reporting for e27; Launched in January 2016, PaidUp is a mobile app that turns your phone into a prepaid digital wallet, enabling you to find, order and...
Philippines • Startups|
In a move similar to Uber Philippines, Grab Philippines has announced that it will place a cap on its ride rates until January 30, 2017. This is also in response to LTFRB’s...
Business • Philippines • Tech|
In response to LTRFB’s warning regarding unreasonable price surge, Uber Philippines announced that it will temporarily implemented an artificial limit on their price surge...
Business • Cars • Philippines • Tech|
Yon Heong Tung, reporting for e27; Leading Malaysia-based digital media group REV Asia (which has well-known Malaysian entrepreneurs such as 500 Startups’s Khaliee Ng, Catcha...
Business • Malaysia • Tech|
Alexandria Sage, reporting for Reuters; Honda Motor Co said on Wednesday it had entered into formal talks with Alphabet Inc’s new self-driving division Waymo to add...
Business • Cars • Tech|
Anisa Menur A. Maulani, reporting for e27; Malaysian e-commerce aggregate startup iprice announced that it has raised a US$4 million Series A led by existing backers Asia Venture...
Business • Malaysia • Startups • Tech|
Saudi Arabia’s largest telecommunications company, STC will acquire 10 percent stake in Middle Eastern ride-hailing app Careem for $100 million. STC is already a stake...
Business • Saudi Arabia • Startups • Tech|
Anisa Menur A. Maulani, reporting for e27; Kuala Lumpur-based data company Pixelated, which owns the brand KATSANA, today announced that it has raised a MYR4 million (US$893,000)...
Investment • Singapore • Startups|
Katie Roof, reporting for TechCrunch; Apple is considering investing up to $1 billion in the SoftBank Vision Fund, according to a report from The Wall Street Journal. With a...
Apple • Investment|
Japanese car and motorcycle maker Honda just invested an undisclosed amount in Grab, Southeast Asia’s leading ride-hailing platform. Both companies also signed a memorandum...
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