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World News

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…


Apple is offering interest-free financing to boost iPhone sales in China – TechCrunch

Apple is looking to get over its sales woes in China by offering prospective customers interest-free financing with a little help from Alibaba. Apple’s China website now offers financing packages for iPhones that include zero…


Rakuten’s Viber chat app plans to charge to operate chatbots in controversial move – TechCrunch

Viber, the messaging app owned by Japanese e-commerce firm Rakuten, is poised to implement a controversial new strategy that will see it charge companies that run chatbots on its platform. The conventional wisdom is to…



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…


Uber is reportedly close to making a tactical exit from India’s food delivery industry – TechCrunch

Uber has said adamantly that it won’t exit India (or any more markets) following a hattrick of retreats from China, Russia and Southeast Asia, but does that include its food delivery business? The answer could…



Baidu’s video site iQiyi adds 37M subscribers in 2018 amid mounting losses – TechCrunch

China’s Baidu, which is often compared to Alphabet’s Google, is showing no signs of slowing down its pace of betting on video content as its core advertising unit feels the squeeze from rivals. The company’s latest…