asia

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The Economic Times: Bengaluru-based Jumbotail, a B2B e-commerce company that supplies groceries to mom-and-pop stores, raises an $85M Series C led by Artal Asia — The funding was led by Artal Asia Pte. Ltd., an affiliate of Invus, a global equity investment firm with over $10 billion of...

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Alibaba has always aspired to bring its e-commerce service to customers outside China. Its strategy is multi-thronged. The giant’s house-developed AliExpress has found success in Russia in recent years. In 2016, it bought Lazada, which came out of the Rocket Internet empire, and has helped the...

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Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. The startup has closed three funding rounds of Series B within the past six months, bringing the...

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Bloomberg: Sources: Binance is in talks to set up a cryptocurrency exchange in Indonesia with PT Bank Central Asia, owned by the Hartonos, Indonesia's richest family — - Bank Central Asia, Telkom Indonesia are in talks with Binance — Discussions ongoing for a cryptocurrency trading platform

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