Temasek jumps into China’s bike rental startup war with investment in MoBike

 Temasek, Singapore’s state-owned investment firm, has jumped into China’s on-demand cycle war after it backed MoBike. China’s ride-sharing…

Alibaba’s Ant Financial extends global reach with first investment in the Philippines

 Alibaba affiliate Ant Financial has again extended its global reach after it completed its maiden investment in…

Malaysia’s Dah Makan raises $1.3M for an organized approach to food delivery

 Dah Makan has become the first food delivery startup to raise significant capital in Southeast Asia this…

Apple assembling devices in India won’t mean cheaper iPhones yet

 Apple appears to be moving forward with plans to begin assembling its phones in India, but…

Southeast Asia’s Playlab invests $1M in Brazilian gaming startup Cupcake Entertainment

 Thailand-based casual game studio Playlab has turned investor after it invested $1 million into Cupcake Entertainment, a…

Samsung vice chairman arrested on bribery charges

 Samsung vice-chairman/heir-apparent Jay Y. Lee has been arrested in Korea on charges of corruption. Lee is…

Snap poised to raise up to $3.2B from IPO at a valuation of $18.5B

 Snap, the parent company of Snapchat, has set a valuation range of $16.2 billion to $18.5 billion for…

India-based used car marketplace Truebil refills its tank with $3M raise

 Truebil, a marketplace for selling used cars in India, has closed a $3 million post-Series A…