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Carsome from Malaysia Raises $170M From Taiwan’s MediaTek And Others.
Malaysian used-car marketplace, Carsome Group, said it has raised $170 million in a funding round from investors, including Taiwanese chipmaker MediaTek. This has cemented its position as Malaysia’s largest tech unicorn as it’s now valued…
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Pasarnow, an Indonesian e-groceries Platform New Cities Expansion with 3.3 million USD Funding
An Indonesia e-grocer platform, Pasarnow successfully funded 3.3 million USD and has stated that this amount will be spent on expanding their regional coverage and increase their grocery supply-chain capabilities and last-mile solutions. The funding led…
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Unicorn Status For Chinese Car Wash Firm YGL Backed By Alibaba
Self-service car wash company Yigongli (YGL), a startup developed by Shanghai HELIOS Network Technology and backed by Alibaba has recently joined China’s latest unicorn status with a value of over $1 billion. The “hundreds of…
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Razer Earns $34m Profit In The First Half Of The Year As Revenue Soars
Razer, the Singapore-based gaming giant, announced that its first-half revenue was at an all-time high. The company’s hardware and fintech offerings continuous growth contributed to the result. According to Razer, the total revenue rose by 68% to…
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India’s upGrad Enters Unicorn Club with $185m Funding from IFC, Temasek and Others
Educational technology platform for higher education upGrad is now part of the unicorn club as they have raised $185 millions at a valuation of $1.2 billion, it announced on Monday. Unicorn is a term…
