Asia tech news roundup – Dec 6 -

Asia tech news roundup – Dec 6

Credit: techinasia.com

  • Dec 06 2017 12:30About: 6 days ago
  • 17 views

The Health2Sync team. Photo credit: Health2Sync

Funding for a Sachin Tendulkar-backed startup, questions over Ofo’s latest capital raise, and what looks like a big win for Elon Musk and Tesla. Here are some of the top Asia-Pacific stories from today and the weekend.

Ecommerce

Amazon Prime is now available to Singaporeans (Singapore). Online shoppers in the city-state can now sign up to Amazon Prime, the ecommerce giant’s membership program. In addition to favorable international shipping rates and shorter delivery times, Prime members will also get access to Prime Video’s vault of streamed movie and TV content – intensifying Amazon’s rivalry with both regional ecommerce players and other streaming services. (Tech in Asia)

Health and wellbeing

Health2Sync raises US$6 million (Taiwan). The app for diabetics will use the funding to expand its presence in Japan. Tokyo-based insurance group Sompo Holdings led the series B round, with previous backers Alibaba and WI Harper joining in. (Tech in Asia)

Software

Happay gets US$10 million from Sequoia and other investors (India). AME Cloud Ventures, a VC fund run by Yahoo co-founder Jerry Yang, also participated in the series B round. Happay, an expenses management app for businesses, raised US$7.2 million from Sequoia and Prime Venture Partners in July 2015. (VCCircle)

Cialfo divests consultancy business to focus on software (Singapore). The startup – which works with schools, colleges, and students on admissions – sold its consulting arm to competitor ChangedEdu in an all-cash deal. The amount was not disclosed. Cailfo will now focus on its SaaS platform that helps schools to manage student applications. (Tech in Asia)

The Cialfo team

The Cialfo team. Photo credit: Cialfo

Social media

Medlinker secures US$60 million in series C fundraise (China). CEC Data, an affiliate of state-owned China Electronics Corporation, led the round. China Renaissance and existing backers Sequoia Capital and Tencent joined the investment in Medlinker, a social network for doctors. (China Money Network)

Transportation

Go-Jek IPO “within the next few years,” says CEO (Indonesia). Founder and CEO Nadiem Makarim said that the ride-hailing firm has a “set plan” to become a listed company. However, its main objective over the next year is to grow its mobile payments business Go-Pay, he added. (Bloomberg)

nadiem-laughing

Go-Jek CEO Nadiem Makarim on stage at Tech in Asia Jakarta 2016. Photo credit: Tech in Asia

Fintech

City-state’s first legal dispute over bitcoin heads to trial (Singapore). B2C2, which has developed a cryptocurrency trading API, sued cryptocurrency exchange operator Quoine in May over trades that were allegedly wrongfully reversed. It sought to recover 3,085 bitcoins (US$38.9 million at current exchange rates) from Quoine at a summary judgment hearing at Singapore’s International Commercial Court. However, the court denied B2C2’s request for summary judgment, meaning that the case will now go to trial. (The Straits Times)

Media and entertainment

Mashable shutters Asia office (Singapore). The tech news site has laid off its Singapore-based Asia editorial team. Mashable’s closure of its Asia operation comes a matter of hours after it emerged that the company will be acquired by low-cost publisher Ziff Davis. The company said that around 50 staff worldwide would lose their jobs as a result of the buyout. (Mumbrella)

Big tech

Google unveils “data-light” search app for emerging markets (Asia-Pacific). Google Go will make the US company’s web search services more accessible to people with lower-end Android devices using slow or patchy internet connections. India is expected to be the app’s main target market, and Google has a data-light edition of Android in the works too. (TechCrunch)

Investors, incubators, and accelerators

Tourism agency drops Marvelstone’s Cho as brand ambassador (Singapore). The Singapore Tourism Board (STB) will no longer be working with Joe Seunghyun Cho, co-founder and chairman of investment firm Marvelstone Group and CEO of fintech hub Lattice80. The hub is embroiled in a dispute with former landlord Hong Leong Holdings over US$1.34 million in unpaid rent and related charges. Cho recently featured in an STB promotional video. (Mumbrella)

See: Previous Asia tech news roundups

This post Asia tech news roundup – Dec 6 appeared first on Tech in Asia.



Follow Us on Twitter

roundup today’s tech headlines from across region.

Related stories with Asia tech news roundup – Dec 6

Civilization 6 gets Korea -World News
Civilization 6 gets Korea 6 days ago
Firaxis has announced Korea for Civilization 6 expansion Rise and Fall.Nine new leaders are added to Civilization 6 with the Rise and Fall expansion, which is due out early 2018. (Our Chris Bratt runs through everything you need to know about it in the vi
Vehicle registration, transfer fees among 24 car-related fees to rise from Dec 20 -World News
Vehicle registration, transfer fees among 24 car-related fees to rise from Dec 20 6 days ago
December 06, 2017 7:24 PMSINGAPORE - Vehicle buyers will have to pay more for a wide range of vehicle-related services from Dec 20.
Singapore Airshow 2018 to showcase emerging technologies, link start-ups to larger players -World News
Singapore Airshow 2018 to showcase emerging technologies, link start-ups to larger players 6 days ago
December 06, 2017 7:34 PMSINGAPORE - The Singapore Airshow, to be held from Feb 6 to 11, will showcase emerging technologies and give start-ups a platform to pitch their ideas to larger players.
The Straits Times' News In A Minute: Dec 6, 2017 -World News
The Straits Times' News In A Minute: Dec 6, 2017 6 days ago
December 06, 2017 7:57 PMIn today's News In A Minute, we look at ageing numbers in 2018.
Promoted: People Behind Performance – Harry Tincknell -World News
Promoted: People Behind Performance – Harry Tincknell 6 days ago
We talk to Ford’s endurance racing star about winning at Le Mans, challenging for the FIA WEC ti...
Africa:African Press Review 6 December 2017 -World News
Africa:African Press Review 6 December 2017 6 days ago
[RFI] The South African economy is doing better than expected. The South African president perhaps less so. Washington has asked Kenyan opposition leader Raila Odinga to call off next week's planned alternative swearing-in ceremony. And the majority of So
2018 Jaguar I-Pace: latest news, price and pictures  -World News
2018 Jaguar I-Pace: latest news, price and pictures 6 days ago
News 6 Dec, 2017 The Jaguar I-Pace is getting closer to its delivery date, here’s all the information you need to know about the electric Jag
All-New TVS Apache RTR 160 To Be Launched Next In India -World News
All-New TVS Apache RTR 160 To Be Launched Next In India 6 days ago
TVS has not forgotten about the sporty commuter segment, which is where the Apache brand took birth and will be rolling out new iterations in the near future. Speaking on the sidelines of the Apache...
China pushed global patent filings to record high in 2016: UN -World News
China pushed global patent filings to record high in 2016: UN 6 days ago
December 06, 2017 7:37 PMGENEVA (AFP) - Global patent filings hit record highs last year, with China leading the charge, receiving more patent applications than the United States, Japan, South Korea and the EU combined, the UN said Wednesday (Dec 6).
In break with decades of US policy, Trump to recognize Jerusalem as Israel’s capital -World News
In break with decades of US policy, Trump to recognize Jerusalem as Israel’s capital 6 days ago
WASHINGTON: President Donald Trump will announce on Wednesday that the US recognizes Jerusalem as the capital of Israel and will move its embassy there, breaking with longtime US policy and potentially stirring unrest. Despite warnings from Western and Ar
State-owned Chinese newspaper on border with North Korea tells readers how to prepare for nuclear disaster -World News
State-owned Chinese newspaper on border with North Korea tells readers how to prepare for nuclear disaster 6 days ago
A state-run newspaper in northeast China published a full-page article advising local residents on how to cope with a nuclear attack – a sign of Beijing’s concern about a possible disaster in the Korean peninsula. Wednesday’s article in
Elite Collection of Natural Fancy Color Diamonds to be Showcased in Green Diamonds: Natural Radiance, Opening December 9 at the Natural History Museum of Los Angeles -World News
Elite Collection of Natural Fancy Color Diamonds to be Showcased in Green Diamonds: Natural Radiance, Opening December 9 at the Natural History Museum of Los Angeles 6 days ago
Visitors to the Natural History Museum of Los Angeles (NHMLA) will have a rare opportunity to see some of the world’s most coveted natural fancy color diamonds at Green Diamonds: Natural Radiance, opening on December 9, 2017. The post Elite Collection