Paktor, a major rival to Tinder in Asia, moves into live-streaming via merger deal

 Dating app Paktor, often dubbed ‘The Tinder of Southeast Asia,’ just sealed up its move into…

SeedPlus closes $18M early-stage fund backed by Cisco, Eight Roads and others

 SeedPlus, the early-stage investment firm backed by Singapore’s Jungle Ventures, has closed its debut fund at a total…

Rakuten invests $2.8M in ‘Airbnb for business travel’ startup MetroResidences

 Rakuten is getting into the Airbnb for business sector after it invested SG$4 million ($2.8 million)…

Google invests in new subsea cable that connects Singapore to Australia

 Google today announced that it will invest in a new subsea cable that will connect Singapore…

Twitter’s head of Asia Pacific is leaving the company after 4.5 years

 Twitter is losing the head of its Asia Pacific business, Aliza Knox, after she announced the end…

Amazon delays its entry into Southeast Asia

 Amazon has postponed its much-anticipated entry into Southeast Asia. The company initially planned to launch local…

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…

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…