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…

Korea’s Ticket Monster raises $115M in a $1.2B downround to ramp up in grocery, travel

 After an M&A rollercoaster that involved getting acquired by LivingSocial and then Groupon (before getting spun out…

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…

Netflix enters China via licensing deal with top video streaming service iQiyi

 China has long eluded Netflix. The company officially gave up on its original plan to enter…

JD.com creates new unit for its logistics services

 JD.com, China’s second-largest e-commerce company after Alibaba, will create a new business group called JD Logistics.…

Alibaba’s Ant Financial invests in Chinese bike-sharing startup unicorn Ofo

 Ofo, the Chinese bike-sharing startup that recently claimed unicorn status, announced this weekend that it has…

Netflix rival iFlix reveals its first original content series for emerging markets

 Fresh from raising $90 million from investors in Match, iFlix, a Netflix-like service for emerging markets, has announced…

Samsung’s Galaxy S8 is now on sale in the U.S., Canada and Korea with more launches to come

 If you’ve been holding out patiently for the Galaxy S8 and Galaxy S8+, Samsung’s newest flagship…