Tag: Asia
Disney+ beats expectations to reach 116 million subscribers in Q3
Disney’s streaming service is seeing improved growth, after initially seeing slower numbers of subscriber additions in Q2 as COVID lockdowns and mask mandates came to an end. Today, Disney+ beat analyst expectations for subscriber growth in Disney’s blowout third quarter, reaching 116 million paid subscribers — above the 114.5 million…
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Twitter locks account of India’s largest opposition party
Twitter has locked the account of Indian National Congress, the South Asian nation’s largest opposition party, for violating its rules days after the American social network temporarily suspended profiles of several of the party’s senior leaders. The Indian National Congress wrote about the Twitter episode on Facebook Thursday. “When our…
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India’s Eruditus valued at $3.2 billion in $650 million fundraise
Mumbai-based Eruditus, which works with top universities globally to offer more than 100 executive-level courses to students in over 80 nations, said on Thursday it has raised $650 million in a new financing round led by Accel and SoftBank Vision Fund 2. The new financing round — which includes both…
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Singapore’s logistics tech startup Parcel Perform raises $20 million
Singapore-headquartered Parcel Perform, which connects merchants with e-commerce carriers and provides shipment tracking features, said on Wednesday it has raised $20 million in a new financing round as it scales its business in several parts of the world. Cambridge Capital led the logistics tech startup’s Series A financing round, while…
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Twitter now in compliance with India’s new IT rules, government says
Twitter is now complying with India’s new IT rules, New Delhi told a court Tuesday, in a move that is expected to ease months-long tension between the American social media network and the government of the key overseas market. A lawyer representing the Indian government told the Delhi High Court that…
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India’s UpGrad enters unicorn club with $185 million fundraise
UpGrad, a Bangalore-based startup that specializes in higher education and upskilling courses, said on Monday it has raised $185 million in a new financing round that valued it at $1.2 billion. Singapore’s Temasek, the World Bank’s International Finance Corporation, and IIFL financed the round, first tranche of it — about…
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