A fantasy sports exchange founded by Irish betting veteran Paddy Power is bringing NFT-enabled live trading to rugby fans in a bid to expand globally. American Sports Exchange (ASX Sports), just signed a deal with New Zealand digital media company RugbyPass to use its data to allow fans to participate in ASX’s virtual stock market […]
LG Energy Solution gets Korea Exchange’s nod for planned IPO
LG Energy Solution, the battery unit wholly owned by LG Chem, received preliminary approval for an initial public offering, the Korea Exchange said in a statement on Tuesday. LG Energy Solution is reportedly planning to submit its IPO application to Financial Supervisory Service as early as this week, aiming to list at the end of […]
Southeast Asia multi-currency neobank YouTrip raises $30M Series A, will launch corporate card
Singapore-based YouTrip, an online bank that focuses on making multi-currency transactions less costly and more efficient, announced today that it has raised a $30 million Series A. YouTrip founder and CEO Caecilia Chu said the round was led by prominent family offices in Asia who prefer to remain unnamed, but are returning from earlier rounds. […]
India’s Slice becomes unicorn with $220M funding from Tiger Global, Insight Partners and Advent
Rajan Bajaj, founder of fintech Slice, chimed in on a Twitter thread early this year and wondered aloud what he needs to do to turn his startup into a unicorn before he turns 30. At just 28, Flipkart alum Bajaj has figured it out. I turned 28 few weeks back. I want @sliceit_ to become […]
Forest bags $8M seed round to acquire Japanese e-commerce brands
Japan has been the birthplace of traditional arts and crafts since ancient times. Craftmanship, meticulous attention to detail and balance of design and functionality have contributed to creating unique Japanese products like pottery, traditional fabrics, washi (paper), woodwork, glasses, bento-boxes and more. This craftsmanship continues to be passed along from generation to generation and live […]
TabTrader raises $5.8M for a mobile app that aggregates crypto exchange data
As many of the top cryptocurrencies seem to temporarily stabilize near all-time highs, users looking to speculate on tokens that are a bit more volatile are searching across exchanges to find deals. Amsterdam-based startup TabTrader has been capitalizing on this search with a platform that aggregates prices and token availability across dozens of exchanges. While […]
India police charge Amazon executives in marijuana smuggling case
Police in Madhya Pradesh, a central state in India, have registered a case against executive directors of Amazon India in connection with alleged use of the e-commerce marketplace for smuggling of marijuana in the South Asian market, they said Saturday evening. The police didn’t disclose how many senior executives they had charged, but said it […]
Key executives resign after Pony.ai combines trucking and passenger car R&D units
Pony.ai, the self-driving startup that operates in both the U.S. and China, has lost at least two executives from its trucking team following the combination of the company’s passenger car and self-driving truck R&D teams. The development, initially detailed by two sources familiar with the internal restructure that happened quietly in September, was later confirmed […]
India’s Paytm makes market debut
A decade ago, Vijay Shekhar Sharma flew to Hong Kong to attend an All Things D conference. At the event, he watched Silicon Valley executives Jack Dorsey and Brian Chesky talk about the firms they were building. But the conversation that would change the trajectory of his firm, One97 Communications, was an interview of Alibaba […]
Baidu’s robotaxi service aims to be in 100 cities by 2030
Baidu keeps ramping up its autonomous driving ambitions. The Chinese tech company made its name in search engines and still relies greatly on search ads for revenues. But it’s hoping that its heavy bet on autonomous driving will pay off down the road. Apollo Go, Baidu’s robotaxi service, aims to be in 65 cities by […]