WeLab, an financial tech startup that operates online lending platforms in Hong Kong and China, has raised $220 million in combined equity and debt financing. The round, which WeLab says is its Series B+, brings its total funding so far to $425 million. Investors include the Alibaba Hong Kong Entrepeneurs Fund, the World Bank’s International Finance Corporation (IFC) and Credit Suisse,… Read More
Category: Asia
Tencent could play a role redesigning Snapchat following $2B investment
Tencent, the Chinese internet giant valued at $470 billion, may have a hand in rebooting the Snapchat app to make it more competitive with Instagram and Facebook.
Off the back of some very poor financials announced this week, parent company Snap said it is retooling the messaging app “to make it easier to use.”
Now Tencent, which upped its stake in Snap with the purchase of 12… Read More
Some poor guy had to sit between Trump and South Korea’s president for a ‘casual’ meal
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Oh man, imagine having to be this guy.
On Tuesday, U.S. president Donald Trump stopped by military base Camp Humphreys for lunch, during his official visit to South Korea.
For some reason, they sat one single soldier between Trump and South Korean president, Moon Jae-in. So that guy sat awkwardly while Trump and Moon talked across him.
“Why me?”
Image: weibo
A video clip of the incident has been picked up on South Korean TV, highlighting the poor guy’s stunned expression as he sat between the two world leaders, apparently too terrified to eat. Read more…
More about Asia, Military, South Korea, Donald Trump, and Soldier
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Amazon launches Alexa-less Fire TV Stick for international users of its Prime video service
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Indonesia wanted to block WhatsApp because people are sending ‘obscene GIFs’
WhatsApp appears to be the latest social media platform to run afoul of Indonesia’s censorship rules.
The populous Southeast Asian nation on Monday vowed to block WhatsApp within 48 hours, if it did not ensure that “obscene” GIFs were removed from th…
Indonesia wanted to block WhatsApp because people are sending ‘obscene GIFs’
WhatsApp appears to be the latest social media platform to run afoul of Indonesia’s censorship rules.
The populous Southeast Asian nation on Monday vowed to block WhatsApp within 48 hours, if it did not ensure that “obscene” GIFs were removed from th…
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