Tag: Asia
Indonesian startup Newman’s uses online medicine to tackle sensitive health issues
An Indonesian startup called Newman’s is using telemedicine to help Indonesian patients get care for stigmatized health issues. Part of Y Combinator’s winter 2020 batch, the startup launched last month with prescription hair loss treatments and plans to expand into other verticals, including erectile dysfunction and smoking cessation. Newman’s was…
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Google Cloud announces four new regions as it expands its global footprint
Google Cloud today announced its plans to open four new data center regions. These regions will be in Delhi (India), Doha (Qatar), Melbourne (Australia) and Toronto (Canada) and bring Google Cloud’s total footprint to 26 regions. The company previously announced that it would open regions in Jakarta, Las Vegas, Salt Lake City, Seoul and…
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India restores social media access in Kashmir for 2 weeks
For the first time in eight months, people in Kashmir can use WhatsApp, Facebook, Twitter and other social media services without any fear or use of specialized software — though things are not back to normal yet. India said on Wednesday that it has temporarily lifted the ban on social…
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SoftBank-backed Indian startup Oyo to cut 5,000 jobs globally
Oyo said on Wednesday it is laying off 5,000 people from its global workforce as the Indian budget hotel startup looks to cut its spendings and chase profitability. The latest round of job cuts would reduce Oyo’s headcount to 25,000 in over 80 countries where it operates. An Oyo spokesperson…
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Alipay owner Ant Financial takes minority stake in Klarna
Some big moves in the payments platform space: Ant Financial Group, the owner of China’s Alipay payment platform has announced it’s taking a minority stake in Swedish payments platform Klarna — which has a strong European presence and a flagship product that lets shoppers buy now and pay later in…
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India lifts ban on cryptocurrency trading
India’s Supreme Court on Wednesday overturned central bank’s two-year-old ban on cryptocurrency trading in the country in what many said was a “historic” verdict. The Reserve Bank of India had imposed a ban on cryptocurrency trading in April 2018 that barred banks and other financial institutions from facilitating “any service in…
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