Philippine's online marketplace PackDelicious which delivers pre-packaged food has recently received support from Tagcash Ltd., a micropayment platform.
Internet giant Baidu reportedly plans to invest about US$100 million in NextEV, a high-end electric car manufacturer founded in Shanghai in November 2014. The alliance is intended to boost Baidu’s faltering autonomous driving business.
Singapore's Bigo Live, a social video streaming app has recently closed its series C funding round to fuel its oversea expansion and research and development projects.
Studio XID, a developer of ProtoPie, a mobile app prototyping tool, received US$1 million funding from Line Plus Corporation and Evergreen Venture Partners.