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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…


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…


E-commerce startup Zilingo raises $226M to digitize Asia’s fashion supply chain – TechCrunch

If you’re looking for the next unicorn in Southeast Asia, Zilingo might just be it. The 3.5-year-old e-commerce company announced today that it has raised a Series D round worth $226 million to go after…



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…


Grab moves to offer digital insurance services in Southeast Asia – TechCrunch

Grab is Southeast Asia’s top ride-hailing firm, thanks in no small part to its acquisition of Uber’s local business last year, but the company also houses an ambitious fintech arm, too. That just added another…