Business

Xiaomi to open their own store in the Philippines

Chinese smartphone manufacturer is gearning to open their own retail store in the Philippines. In a article on Yugatech, “Xiaomi will officially return in the Philippines...

TV 5 to shutdown online news website Interaksyon.Com in March

InterAksyon.com, the online news portal of TV5 will shutdown this March. The news of Interaskyon’s closure was later confirmed by its editor-in-chief, Roby Alampay, who is...

Angkas launches Angkas Padala, an On-demand Roadside Delivery Service

Even though Angkas is still resolving their issue with LTFRB, the motocycle ride-sharing company launched an on-demand roadside delivery service called Angkas Padala. Angkas...

Disney acquires 21st Century Fox for $52.4 Billion, unites X-Men, Bart and Deadpool with the Avengers

In what could be just describe as a blockbuster deal, Disney has acquired 21st Century Fox for $52.4 Billion in stock, the actual value of the detail is well over $66 billion. The...

Uber to purchase 24,000 Volvo XC90 SUV for its self-driving fleet

Uber has agreed to purchase 24,000 units of XC90 SUV from Volvo between 2019 and 2021, to build its self-driving fleet. ...

KFC partners with Alipay to launch “Smile to Pay” payment system

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...

Sterling Paper acquires 85% stake in Openovate

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....

Didi Chuxing and Softbank to invest up to US$2.0 billion in Grab

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...

Yahoo! to be renamed as Altaba Inc., after the Verizon acquisition

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...

PaidUp helps Philippine SMEs crowdfund working capital from customers

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...

Grab Philippines to cap its ride rates until January 30

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...

Uber Philippines to limit its price surge until January 15

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...

Malaysia’s REV Asia acquires 3 popular Malay content portals – Siraplimau, Myresipi, Kongsiresep

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...

Honda, Alphabet’s Waymo in talks over self-driving technology

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...

iPrice raises US$4M Series A led by Asia Venture Group, Venturra Capital

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...