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On-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicorn – TechCrunch

Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia. In doing so, the company has officially entered the unicorn club. Founded in 2013…

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China’s Alipay digital wallet is entering 7,000 Walgreens stores – TechCrunch

China’s payments heavyweights have been following tourists abroad as their home market gets crowded. Ant Financial, Alibaba’s financial affiliate with a said valuation of $100 billion, now sees its virtual wallet Alipay handling transactions at 3,000…


PayPal shutters Malaysia office as part of customer service reorg – TechCrunch

Payment giant PayPal has closed its office in Malaysia as part of a restructuring of its customer support teams. The office, located in capital city Kuala Lumpur, was home to a team of customer service…


Auto marketplace CarDekho grabs $110M to double down on insurance and financial services – TechCrunch

CarDekho, an online marketplace for car sales in India, has pulled in a new $110 million Series C funding round from a clutch of existing investors to push deeper into financial services and insurance. Sequoia…


Grab raises fundraising target to $5B as Southeast Asia’s ride-hailing war heats up – TechCrunch

Southeast Asian ride-hailing firm Grab is aiming to start the new year with a bang and an awful load of bucks. The company, which acquired Uber’s local business earlier this year, is planning to raise as…


Facebook is not equipped to stop the spread of authoritarianism – TechCrunch

Yael Grauer is an independent tech journalist and investigative reporter based in Phoenix. She’s written for The Intercept, Ars Technica, Breaker, Motherboard, WIRED, Slate and more. After the driver of a speeding bus ran over…


Netflix rival Iflix launches $5M search for up-and-coming filmmakers in Asia – TechCrunch

Netflix is increasing its efforts in Asia after it commissioned more local content and began testing more aggressive price points, but one local rival is hitting back with a program to spotlight promising creators in the region….


Neuron Mobility raises $3.7M to bring e-scooters to Southeast Asia’s cities – TechCrunch

Despite the rise in electric scooters in the U.S., you’d be forgiven for thinking that Asia — the region where bike-sharing foreshadowed the rise of e-scooters — has been left off the party. But e-scooters have…


Experian leads $10M investment in Southeast Asia fintech startup Jirnexu – TechCrunch

Consumer credit giant Experian is continuing to back Asian fintech startups after it led a $10 million investment in Southeast Asia’s Jirnexu . Jirnexu, which is headquartered in Kuala Lumpur, operates financial comparison services in Malaysia…