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Singapore Startup Carousell Set to Become Latest SEA Unicorn in Merger with Rival 701Search
Singapore’s Carousell, a startup that operates in the online classifieds business space, announced recently that it had agreed to a merger with 701Search, a subsidiary of Norwegian multinational telecommunications giant Telenor Group. The merger of…
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How AI is Helping This Southeast Asian Unicorn Gain Dominance
When people mention artificial intelligence – or AI – technologies, it usually conjures up images of futuristic talking robots that understand human emotions, or of a dystopian future where machines have taken over the planet…
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Aspiring Southeast Asian Unicorns to Watch: Vietnam’s E-commerce Startup Sendo
Sendo operates both business-to-business and consumer-to-consumer models, serving more than 300,000 sellers and 10 million buyers.
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China Wants to Accelerate Blockchain Adoption. Here are Some of the Country’s Blockchain Projects
China’s President Xi Jinping, speaking during a group study session for members of the Politburo last Thursday, said that the country “must clarify the main direction, increase investment, focus on a number of key core…
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How the United States and China became a Unicorn Factory
What do China and the United States have in common? The answer is more than 200 unicorn startups, according to the Hurun Research.