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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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Twitter names first international markets to get checks on political advertisers – TechCrunch

Twitter has announced it’s expanding checks on political advertisers outside the U.S. to also cover Australia, India and all the member states of the European Union. This means anyone wanting to run political ads on…


CEO of Rappler, a media company critical of the Philippines government, is arrested – TechCrunch

There’s serious concern around press freedom in the Philippines after Maria Ressa, the CEO of independent media company Rappler, was arrested last night. Ressa, who was CNN’s bureau chief in Manila and then Jakarta prior…


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…


Facebook removes hundreds of accounts linked to fake news group in Indonesia – TechCrunch

Facebook said today it has removed hundreds of Facebook and Instagram accounts with links to an organization that peddled fake news. The world’s fourth largest country with a population of more than 260 million, Indonesia…


Go-Jek makes first close of $2 billion round at $9.5 billion valuation – TechCrunch

Southeast Asia-based ride-sharing firm Go-Jek is making progress with its plan to raise up to $2 billion in fresh capital to fund its battle with close rival Grab. Indonesia-headquartered Go-Jek has closed an initial chunk…


VCs give us their predictions for startups and tech in Southeast Asia in 2019 – TechCrunch

The new year is well underway and, before January is out, we polled VCs in Southeast Asia to get their thoughts on what to expect in 2019. The number of VCs in the region has…


Go-Jek buys fintech startup Coins.ph for $72M ahead of Philippines expansion – TechCrunch

Ride-hailing startup Go-Jek’s expansion into the Philippines ran into problems earlier this month over its ownership structure, but that isn’t deterring the Indonesian company from investing into the market. Today, Go-Jek announced it has acquired local…


Go-Jek’s Southeast Asia expansion runs into a roadblock in the Philippines – TechCrunch

Southeast Asian ride-hailing challenger Go-Jek has expanded into three new markets as it bids to expand beyond its native Indonesia, but it is having major issues getting into a fourth. The company — which rivals…


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…