Singapore’s Homage, a service for in-home care for the elderly, raises $1.2M

 Homage, a Singapore-based startup that connects caregivers with elderly people seeking assistance, has closed a $1.2 million…

Pinterest is now blocked in China

 China has blocked one of the few Western social media sites that had remained accessible to its…

World Bank’s IFC investment firm invests $2M in Southeast Asian fund SeedPlus

 SeedPlus, the early stage investment firm launched by Singapore-based VC firm Jungle Ventures last year, has…

Facebook Stories, yet another Snapchat clone, is rolling out to users worldwide

 Facebook is introducing yet another feature that clones Snapchat Stories to its massive global userbase. Facebook…

Prominent Twitter accounts compromised after third-party app Twitter Counter hacked

 A number of prominent Twitter accounts were hacked to tweet Nazi messages after Twitter Counter, a popular…

Burda brings its global investment fund to Southeast Asia

 German media giant Hubert Burda is diving into Southeast Asia’s startup ecosystem after its investment arm opened an…

Uber rival Grab expands its engineering team with new offices in India and Vietnam

 Grab, the main rival to Uber in Southeast Asia, is expanding its engineering footprint after announcing…

Euronet outbids Alibaba’s Ant Financial with $1 billion offer for MoneyGram

 Alibaba’s conquest to own a piece of the global money transfer industry just suffered a huge…