KFit buys Groupon Singapore to continue its pivot to e-commerce

 Subscription gym startup KFit has continued to morph into Groupon after it acquired the third country…

iflix raises $90M to expand its Netflix alternative to more emerging markets

 iflix, a Netflix-like service that covers Southeast Asia and other emerging markets, has closed $90 million…

Samsung Pay is now live in India

 Samsung Pay has launched in India where it is working on selected devices, according to a…

Uber agreed to, then scrapped, a non-compete deal with Indonesian unicorn Go-Jek

 Uber may have a reputation for steamrolling its competitors, but it can be conciliatory at times. In…

It’s Alibaba versus Amazon in India’s e-commerce market

 The battle for supremacy in India’s e-commerce space looks set to become a slug out between two…

Alibaba’s arch rival JD.com spins out its financial services business

 While Alibaba’s Ant Financial fintech affiliate is out doing deals to expand its global presence and raising a…

LeEco slashes India headcount but denies it will exit the country

 Ambitious Chinese tech firm LeEco is downsizing its presence in India less than six months after…

Klook raises $30M for its Asia-focused travel activity platform

 Klook, a service for finding and booking travel activities, has closed a $30 million Series B…