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Japanese internet giant Recruit has a new $25M blockchain fund – TechCrunch

Crypto market prices may be down significantly, but new investors continue to enter the blockchain space. The latest is Recruit Holdings, the $45 billion Japanese internet giant that owns Glassdoor among other things, which quietly…

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Vynn Capital snags investment from Malaysia’s MAVCAP for its maiden Southeast Asia fund – TechCrunch

Vynn Capital, a new entrant to Southeast Asia’s startup ecosystem, is gearing up to close its maiden fund after it landed an undisclosed sum from Malaysia Venture Capital Management Bhd (MAVCAP) as one of its…


Indonesia-focused Intudo Ventures raises new $50M fund – TechCrunch

Intudo Ventures, a VC firm focused on Indonesia, has closed a new $50 million fund. This is Intudo’s second fund to date following its $20 million debut last year. The firm is a relative newcomer to Southeast Asia…


Ambitious Singapore startup Delegate wants to bring its event booking platform to the US – TechCrunch

It’s not often that you hear about a startup from Singapore with ambitions to expand to the U.S, but that’s exactly the goal for event booking service Delegate. Founded in August 2015, the company aims to…


Global investor SparkLabs launches a consultancy business for corporates – TechCrunch

Global investor SparkLabs is adding another business line after it announced a new consultancy division that’s aimed at working with Fortune 500 companies and other global corporates keen to deepen their position in tech. Best known…


First China, now Starbucks gets an ambitious VC-funded rival in Indonesia – TechCrunch

Asia’s venture capital-backed startups are gunning for Starbucks . In China, the U.S. coffee giant is being pushed by Luckin Coffee, a $2.2 billion challenger surfing China’s on-demand wave, and on the real estate side,…


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…


Facebook, Google and Twitter told to do more to fight fake news ahead of European elections – TechCrunch

A first batch of monthly progress reports from tech giants and advertising companies on what they’re doing to help fight online disinformation have been published by the European Commission. Platforms including Facebook, Google and Twitter…


Southeast Asia’s Grab is adding Netflix-like video streaming to its ride-hailing app – TechCrunch

Grab is Southeast Asia’s top ride-hailing firm thanks to its acquisition of Uber’s local business last year. Its biggest competitor gone, the company is on a push to go beyond transport and become an everyday…


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…