Shouqi Car Rental raises US$309 million in a fundraising round led by Taiping Assets Management. Tianan Property Insurance and CCB International has also participated in the investment.

Indonesian retail firm MDS has increased its ownership in Global Ecommerce Indonesia (GEI), the parent company of local e-commerce startup, MatahariMall.com for a price tag of RP 164.9 billion (about US$12.2 million).

Taiwan-based Next Entertainment, a live broadcasting platform, has closed its US$25 million in Series A financing which is led by Inke with participation from FunPlus, GSR Ventures and Mayfield. The funds will be used for global expansion.

GIC, Tencent, and NavInfo will be part of a consortium to acquire a 10 per cent stake in HERE as the company unveils its plans to bring its products and services to China.

Startupbootcamp, which operates a global network of industry-focused accelerator programmes, has launched their first China-based programme, a digital health accelerator in Chengdu, the capital of China’s Sichuan province. This programme marks a joint partnership between Startupbootcamp and Thinkzon, a Chinese incubator accommodating over 500 enterprises in mobile internet, software R&D, and digital media. Through this […]

eBeeCare, a healthcare startup is leveraging the rise of MedTech in India and China.

Wang Feng, with his aim to bring FIIL to global heights, has launched itself on Kickstarter in December, taking pre-orders for the Carat Pro, a set of wireless headphones that are equipped with some sporty features.

IdeaSpace formally launches its annual Philippine Startup Competition for the 5th time in 2017, now accepting innovative technology ideas.

Singapore-based e-commerce technology firm Shopmatic has acquired Taiwan's Ruby on Rail's technology firm 5X Ruby for an undisclosed amount. The move was done in part to strengthen the company's research and development team as well as to facilitate the company's international market expansion plans.

Airbnb Inc authorised the sale of an additional US$153 million in equity, bringing the size of its current fundraising effort to about US$1 billion.