Month: April 2018

Analysts have long-warned of a growth crunch in China’s smartphone space, and it’s looking like that’s very much the case right now. China’s smartphone growth has been the feel-good story for domestic OEMs who have clocked impressive figures as the billion-plus population has rushed online via mobile devices. However, the market reached saturation point in
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GetLinks, a Thailand-based startup that offers a job finder app in six countries Southeast Asia and neighboring regions, has closed new funding led by Australia’s Seek group and Alibaba’s Hong Kong Entrepreneur fund. The size of the investment was not disclosed. GetLinks previously raised $500,000 in 2016, and it later added $150,000 more to that
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NSI Ventures, the Singapore-based VC firm affiliated with PE firm Northstar Group that invested early in ride-sharing unicorn Go-Jek, is going independent after it announced it has rebranded to Openspace Ventures. NSI Ventures was started by Hian Goh, an entrepreneur who sold his startup Asia Food Channel in 2013, and finance exec Shane Chesson in 2014. The firm
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Facebook is getting the developing world online, even as the developed world criticizes its privacy practices. Mark Zuckerberg said today on Facebook’s Q1 2018 earnings call that “our Internet.org efforts have helped almost 100 million people get access to the internet who may not have had it otherwise.” That’s up from 40 million in November 2016.
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Kubernetes has gained in popularity quickly over the last 18 months, but like many highly technical solutions it requires a level of expertise many companies are lacking. A Bangalore/San Francisco startup called Hasura hopes to simplify all of that with a managed Kubernetes solution built with developers in mind. Today, the company announced a $1.6
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Riding high on the growing consumer demand for podcasts, a startup called Castbox this morning announced the close of $13.5 million in Series B funding for its technology-fueled podcast app. The round was led by SIG China, and includes participation from existing investors IDG Capital, Qiming Venture Partners and GSR Ventures. To date, Castbox has raised $29.5
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Twitter is making good on its pledge to fight the persistent problems of spam, bots, harassment and misinformation that have plagued the social platform for years. Today, in its generally positive Q1 earnings report, the company announced that changes it has made related to TweetDeck and its API — two of the most common spam
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