Tag: Asia
YouTube has seen soaring growth in South Korea
Earlier this week, Google released revenue figures for YouTube for the first time in the product’s history, revealing that the video service pulled in $15.1 billion in advertising revenues in 2019. Growth was 31% year-over-year during the quarter — strong growth for such a late-stage property, but of course, everyone…
Read More
Instamojo acquires Times Internet’s GetMeAShop to serve more small businesses in India
Instamojo, a Bangalore-based startup that helps merchants and small businesses accept digital payments, establish presence and sell on the web, has acquired Times Internet-owned Gurgaon-based startup GetMeAShop. The deal is worth $5 million and includes Times Internet making an investment in Instamojo, Sampad Swain, co-founder and chief executive of the…
Read More
Disney+ to launch in India through Hotstar on March 29
Disney plans to bring its on-demand streaming service Plus in India through Hotstar on March 29, a little earlier than expected, the company said Tuesday. In an earnings call with analysts, Disney chief executive Bob Iger said the company will launch the service in the world’s second largest internet market…
Read More
Truecaller hits 200 million users
Truecaller, one of the world’s largest caller-identification service providers, has amassed 200 million monthly active users and is increasingly proving that it can turn a profit, it said Tuesday. In India, Truecaller’s largest market, the service now has 150 million monthly active users, it said. Reaching the 200 million milestone…
Read More
Jenfi wants to solve small business lending in Southeast Asia
Small business lending is a huge market that has attracted massive attention from VC investors in recent years. Startups like Kabbage have raised more than a billion dollars in venture capital and debt to create lending platforms for businesses, and others in the space like Fundbox for lending and BlueVine…
Read More
Two-year-old Indian edtech startup Doubtnut raises $15M
Doubtnut, a Gurgaon-based startup that operates an app to help students learn and master concepts from math and science using short videos, has raised $15 million in a new financing round as it looks to serve more people in small cities and towns of the country. The financing round, Series…
Read More