Indian food delivery platform Thrive shuts down operations
The company said it has difficulties scaling up in a market dominated by larger, better-funded rivals.
UAE accounting platform raises US$7.5 million in Series A funding
The funds will be used to hire new employees and develop compliance-focused products.
Indonesian creator economy platform reopens
It had previously announced it would close on October 31, 2024.
Indian sneaker e-commerce platform raises $2 million in seed funding
It offers sneakers, streetwear and luxury fashion pieces from brands including Nike, Yeezy, Dior and Louis Vuitton.
Trading platform eToro plans US IPO
An initial public offering could take place as early as the second quarter, but a timetable has not yet been determined.
Lamudi acquires mortgage fintech platform to grow home lending
Lamudi's network includes 500 property developers and 30,000 agents across Indonesia.
Blockchain platform Haven1 raises $4.6 million in private funding
Notable investors include Animoca Brands and KuCoin Ventures.
Blockchain platform Haven1 raises $4.6 million in private funding
Notable investors include Animoca Brands and KuCoin Ventures.
Indian mental health platform secures $129,000 in pre-seed funding
Build3, a social impact accelerator, led the investment with donations from schools and individual supporters.
Part of real estate platform Goro joins Indonesia’s first sandbox
Founded in 2022, Goro serves more than 100,000 users in 43 countries.
Bitget launches trading platform in Vietnam
Vietnam ranks second in the world in cryptocurrency ownership, with 21.2% of the population involved in digital assets.
South Korean startup launches artificial intelligence legal translation platform
The company targets corporate clients such as major law firms and government agencies in South Korea.
Alibaba invests over US$70 million in South Korean fashion platform
This investment brings the company’s valuation to US$2.2 billion, making it a unicorn in South Korea’s fashion e-commerce industry.
Chinese AI startup Tairex pilots virtual hospital platform
The platform covers 21 medical departments including emergency, respiratory, pediatrics, and cardiology.