Tag "Asia"

Flipkart invests $35 million in Indian giant Arvind Fashions’ unit

July 9, 2020 0

Flipkart on Thursday announced it has invested $35 million in Arvind Fashions for a significant minority stake in one the decades-old Indian firm’s subsidiaries as

Facebook expands Instagram Reels to India

July 8, 2020 0

As scores of startups look to cash in on the video content void that ban on TikTok and other Chinese apps has created in India,

Facebook expands Instagram Reels to India

July 8, 2020 0

As scores of startups look to cash in on the video content void that ban on TikTok and other Chinese apps has created in India,

TikTok faces ban in the US; pulls out of Hong Kong

July 7, 2020 0

The world’s most popular short video app continues to be in the crosshairs of politicians globally. On Monday night, Secretary of State Mike Pompeo told

Facebook-backed Unacademy acquires PrepLadder for $50 million

July 7, 2020 0

Indian online learning platform Unacademy said on Tuesday it has acquired Chandigarh-based startup PrepLadder for $50 million as the Facebook-backed edtech giant scouts for deals

Paytm, Vijay Shekhar Sharma to acquire insurance firm Raheja QBE for $76M

July 6, 2020 0

Paytm, India’s most valuable startup, and its co-founder and chief executive, Vijay Shekhar Sharma, announced on Monday they have reached an agreement to acquire insurance

Facebook makes education push in India

July 5, 2020 0

Facebook, which reaches more users than any other international firm in India, has identified a new area of opportunity to further spread its tentacles in

US plans to rollback special status may erode Hong Kong’s startup ecosystem

July 4, 2020 0

For two months, the people of Hong Kong waited in suspense after China’s legislature approved a new national security law. The legislation’s details were finally

Intel to invest $253.5 million in India’s Reliance Jio Platforms

July 3, 2020 0

Intel said on Friday it will invest $253.5 million in Jio Platforms, joining a roster of high-profile investors including Facebook, General Atlantic, and Silver Lake

Facebook is shutting down Lasso, its TikTok clone

July 2, 2020 0

Facebook is no longer betting on Lasso, an app it launched a year and a half ago, to take on TikTok. The social juggernaut’s TikTok

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