Tag: Asia
Amazon launches miniTV, a free video streaming service, in India
Amazon, which already charges some of the world’s lowest fees for Prime Video in India, is going a step further to win more users in the world’s second largest internet market. The e-commerce giant on Saturday launched miniTV, an ad-supported video streaming service that is available within the Amazon shopping app…
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Why SPACs aren’t targeting African startups
One. That’s the number of African tech companies that have gone public on the NYSE in the last 10 years. Two, if you’re counting local exchanges. The former is African-focused e-commerce company Jumia and the latter is Egyptian fintech company Fawry. As a tech company, Fawry’s listing on the Egyptian…
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Xbox teams up with Tencent’s Honor of Kings maker TiMi Studios
TiMi Studios, one of the world’s most lucrative game makers and is part of Tencent’s gargantuan digital entertainment empire, said Thursday that it has struck a strategic partnership with Xbox. The succinct announcement did not mention whether the tie-up is for content development or Xbox’s console distribution in China but…
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Vietnamese flexible pay startup Nano raises $3M seed round
Nano Technologies, a startup that lets workers in Vietnam access their earned wages immediately through an app called VUI, has raised $3 million in seed funding. The oversubscribed round was led by returning investors Golden Gate Ventures and Venturra Discovery, and included participation from FEBE Ventures, Openspace Ventures and Goodwater…
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Vitalik Buterin donates $1 billion worth of ‘meme coins’ to India COVID Relief Fund
Vitalik Buterin, the creator of Ethereum, on Wednesday donated Ethereum and “meme coins” worth $1.5 billion in one of the largest-ever individual philanthropy efforts. Buterin transferred 500 ETH and over 50 trillion SHIB (Shiba Inu), a meme coin, worth around $1.14 billion at the time of transaction, to the India…
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Direct-to-consumer orthodontic startup Impress raises $50M to scale across Europe
As the famous phrase goes, ‘software is eating the world’ and now software is eating dentistry. Or, perhaps more accurately, the arena of orthodontics — the specialty of dentistry that deals with things like braces — is slowly but surely being digitalized. To whit, Impress, a Southern European player in…
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