Indonesia’s Go-Jek is planning to raise $2 billion from investors to fuel its ride-hailing battle with Grab in Southeast Asia. Go-Jek raised $1.5 billion earlier this year from investors that include Chinese trio Tencent, Meituan and JD.com, as well as Google, Allianz and Singapore sovereign fund Temasek. Now it is planning to raise a further […]
View More Go-Jek plans to raise $2B more for Southeast Asia ride-hailing battleCategory: Thailand
Thailand is becoming a critical country for blockchain
While United States regulators are still trying to figure out how to think about cryptocurrencies, Thailand’s government is already mapping out its own central bank digital currency. This is just one of numerous examples how Thailand has emerged as one the most interesting cryptocurrency and blockchain countries in Southeast Asia in 2018. Since the start of […]
View More Thailand is becoming a critical country for blockchainMessaging 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 fundThree Indonesian tech unicorns unite to back digital insurance startup
It’s almost unheard of to see three unicorns join forces to fund a startup, but that’s exactly what has happened in Indonesia. Ride-hailing company Go-Jek, e-commerce firm Tokopedia and travel booking startup Traveloka — each of which is valued in the billions of U.S. dollars — have come together to provide a Series A funding […]
View More Three Indonesian tech unicorns unite to back digital insurance startupGrab picks up $2 billion more to fuel growth in post-Uber Southeast Asia
Grab, the ride-hailing service that struck a deal to take Uber out of Southeast Asia, has announced that it has pulled in $2 billion in new capital as it seeks to go beyond ride-hailing to offer more on-demand services. The $2 billion figure includes a $1 billion investment from Toyota which was announced in June, […]
View More Grab picks up $2 billion more to fuel growth in post-Uber Southeast AsiaGo-Jek kicks off Southeast Asia expansion with Vietnam launch
Go-Jek, the Indonesia-based ride-sharing company valued at $5 billion, has begun its ambitious plan to increase its rivalry with Grab by expanding into three new markets after it opened shop in Vietnam. The service — which is known as Go-Viet — covers an initial 12 districts in Ho Chi Minh City with a motorbike on-demand service. Rival […]
View More Go-Jek kicks off Southeast Asia expansion with Vietnam launchExperian leads $28M investment in Southeast Asia fintech startup C88
Experian is making its first major bet on Southeast Asia and its population of over 650 million consumers after the financial credit giant backed Singapore-based C88 Financial Technologies, which operates financial marketplaces that help lenders reach new audiences. C88 today announced a $28 million Series C investment round that’s led by Experian with participation from a host […]
View More Experian leads $28M investment in Southeast Asia fintech startup C88Chat app Line gets serious about gaming with its latest acquisition
Line, the company best-known for its popular Asian messaging app, is doubling down on games after it acquired a controlling stake in Korean studio NextFloor for an undisclosed amount. NextFloor, which has produced titles like Dragon Flight and Destiny Child, will be merged with Line’s games division to form the Line Games subsidiary. Dragon Flight […]
View More Chat app Line gets serious about gaming with its latest acquisitionUgh, Elon Musk attacks British diver who called his submarine ‘just a PR stunt’
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After Vern Unsworth, a British diver who helped rescue the trapped Thai soccer team, called Elon Musk’s attempt at a submarine rescue “just a PR stunt” that had ‘absolutely no chance of working,” Musk has chosen to be angry online.
Surprise!
In a series of tweets Sunday morning, Musk referred to Unsworth as a “pedo,” requested video of the cave rescue, retracted that request, then promised proof that his submarine could have, in fact, performed the rescue.
It’s a lot.
Never saw this British expat guy who lives in Thailand (sus) at any point when we were in the caves. Only people in sight were the Thai navy/army guys, who were great. Thai navy seals escorted us in — total opposite of wanting us to leave.
— Elon Musk (@elonmusk) July 15, 2018 Read more…
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View More Ugh, Elon Musk attacks British diver who called his submarine ‘just a PR stunt’Following his Thailand visit, Elon Musk is going to, um, save Flint?
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Fresh off saving a soccer team visiting Thailand with a tiny submarine, Elon Musk is embarking on another heroic mission: bringing clean water to Flint, Michigan.
On Wednesday, Musk was gently needled on Twitter by someone seeking help for the people of Flint, where there’s been a water crisis since 2014.
Musk replied he was up to the task, pledging water filters for anyone in Flint who needed one.
Please consider this a commitment that I will fund fixing the water in any house in Flint that has water contamination above FDA levels. No kidding.
— Elon Musk (@elonmusk) July 11, 2018 Read more…
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View More Following his Thailand visit, Elon Musk is going to, um, save Flint?Thai cave rescue saga shows how Elon Musk’s narcissism gets the best of him
Elon Musk’s kid-size submarine may have gone unused. But his efforts to help with the rescue of the Thai soccer team trapped in a cave were definitely useful for anyone trying to understand what motivates his eccentric genius.
Elon Musk has literally…
Badass photo shows 4 Thai Navy SEALs who stayed with boys stuck in cave
The world continues to celebrate the triumphant rescue of a soccer team trapped inside a cave.
A photo of the four Thai Navy SEALs who stayed with the soccer team in the cave has gone viral after being shared on the SEALs’ Facebook page. The ph…