AsiaYo, a travel accommodation booking platform based in Taipei, Taiwan, has raised a $7 million Series B led by Alibaba Taiwan Entrepreneurs Fund, a non-profit initiative run by the Chinese e-commerce giant, and China Development Financial. Darwin Ventures and Delta Ventures also participated in the round, which brings AsiaYo’s total raised since its launch in […]
View More Taiwan-based travel startup AsiaYo raises $7M Series B led by Alibaba Taiwan Entrepreneurs FundCategory: taiwan
As Taiwan prepares to vote on LGBTQ issues, a homophobic group is running ads before kids videos on YouTube
This Saturday, several issues related to LGBTQ equality, including marriage, are up for referendum in Taiwan’s mid-term elections. A little more than a year after the country’s top court ruled in favor of same-sex marriage, the LGBTQ community is once again fighting for their rights due to efforts by anti-gay groups. The battle has reached […]
View More As Taiwan prepares to vote on LGBTQ issues, a homophobic group is running ads before kids videos on YouTubeLidar startup AEye raises $40M Series B led by the Taiwanese government’s investment firm
Lidar technology developer AEye will scale its operations globally through manufacturing partnerships after raising a $40 million Series B. The round was led by Taiwania Capital, the investment firm created and backed by Taiwan’s National Development Council, and included returning investors Kleiner Perkins, Intel Capital, Airbus Ventures, and Tychee Partners. This brings the California-based startup’s […]
View More Lidar startup AEye raises $40M Series B led by the Taiwanese government’s investment firmSparkLabs Taipei closes initial $4.25M for its first fund, adds Jeremy Lin as an advisor
SparkLabs Taipei, part of SparkLabs Group, the global network of accelerator programs and funds that works with emerging startup ecosystems, has raised $4.25 million in an initial close led by CTBC Group, along with individual investors, for its first venture capital fund. SparkLabs Taipei also announced today that it has added Atlanta Hawks player Jeremy […]
View More SparkLabs Taipei closes initial $4.25M for its first fund, adds Jeremy Lin as an advisorChat app Line’s games business raises $110M for growth opportunities
Messaging app firm Line has given up majority control of its Line Games business after it raised outside financing to expand its collection of titles and go after global opportunities. The Line Games business was formed earlier this year when Line merged its existing gaming division from NextFloor, the Korea-based game publisher that it acquired in […]
View More Chat app Line’s games business raises $110M for growth opportunitiesFirst DJI, now Bang & Olufsen gets Line Friends-themed products
Line is a pretty busy company. Beyond a messaging app that claims over 160 million users, the company operates service like music streaming, manga, food delivery, games and it is also venturing into crypto. The company has long been known for its playful characters — Line Friends — which are a core part of its […]
View More First DJI, now Bang & Olufsen gets Line Friends-themed productsChina’s Didi Chuxing launches taxi-hailing service in Japan
China’s Didi Chuxing is fighting fires at home around passenger safety, but overseas the ride-hailing giant has moved into another new market after its taxi-booking service began operations in Japan. The service has gone live in Osaka, the city of nearly nine million people, and parts of the surrounding area including Kansai International Airport. The Didi […]
View More China’s Didi Chuxing launches taxi-hailing service in JapanAfter extradition to Texas, 3D-printed gunmaker Cody Wilson is out on bail
Last week, after Hatreon creator and 3D-printed gun activist Cody Wilson was charged with the sexual assault of a minor, he managed to evade arrest briefly in Taipei. On Friday, authorities successfully located Wilson and extradited him back to Texas, booking him into a Harris County jail. Now, Wilson is out on a $150,000 bond. Facing […]
View More After extradition to Texas, 3D-printed gunmaker Cody Wilson is out on bailDeliveroo will enter Taiwan, its fourth market in the Asia-Pacific so far
Food delivery service Deliveroo is making headway in its Asian expansion strategy. The London-based company announced today that it will launch in Taiwan in the coming weeks, starting with Taipei, the country’s capital, before heading to other cities. This marks Deliveroo’s fourth market in the Asia-Pacific region (the others are Australia, Hong Kong and Singapore) […]
View More Deliveroo will enter Taiwan, its fourth market in the Asia-Pacific so farFacebook is opening its first data center in Asia
Facebook is opening its first data center in Asia. The company announced today that it is planning an 11-story building in Singapore that will help its services run faster and more efficiently. The development will cost SG$1.4 billion, or around US$1 billion, the company confirmed. The social networking firm said that it anticipates that the […]
View More Facebook is opening its first data center in AsiaGaming in Asia may be crypto’s killer dApp
As money and talent flows into the crypto and blockchain worlds, a persistent question keeps coming up: what is going to be the “killer app” that drives adoption for these nascent technologies? The answer may well be quite simple: gaming in Asia. That’s the theory for Cryptokitties, the notable purveyor of cute cats. The company has […]
View More Gaming in Asia may be crypto’s killer dAppMessaging firm Line launches a dedicated crypto fund
Messaging company Line is continuing to burrow deep into the crypto space after it announced the launch of a $10 million investment fund. The fund will be operated by Line’s Korea-based blockchain subsidiary Unblock Corporation, which is tasked with research, education and other blockchain-related services. The fund will be called Unblock Ventures and it’ll initially have […]
View More Messaging firm Line launches a dedicated crypto fund