The proptech major plans to ramp up investments into its data capabilities and its mortgage marketplace PropertyGuru Finance, among others.
Tech in Asia
Its value falls from US$8.2 billion to US$3.1 billion.
It’s still early days for Ruangguru, which had only just begun deploying capital from its big funding round.
The Slack rival said it plans to expand more outside of Korea and Taiwan, including Japan, Vietnam, Malaysia, and the UAE.
A look at corporate venture capital in Southeast Asia, and a startup that helps businesses achieve growth on the region’s top ecommerce platforms
Looking ahead, the company said it'll focus on digital lending and digital insurance brokerage.
These 10 hiring companies prove that there are plenty of opportunities out there for jobseekers with the right skills and experiences.
From ecommerce, an e-magazine, a messaging service, a lifestyle site, to investing in a gaming startup - Singtel has done it all.
The Indonesian edtech player that quadrupled its revenue but sextupled its losses and the startup that helps businesses go online
The round is led by Thakral Corporation and Sun SEA Capital, an existing investor backed by Sunway Group.
Dhanapala provides MSMEs with working capital to develop their businesses and increase financial inclusion in Indonesia.
The top articles for the week: Sea’s food delivery business in Vietnam, Razer’s profitable H1 and Ex-Honestbee staff who want their money back
Here are the companies in Japan that are attracting tons of investors and have the resources to spend on software, talent, and expansion.
Edtech leads the week’s funding news, with two online platforms receiving US$272 million between them.
The debate over whether a VC should have more or fewer co-investing buddies, and the positive year-on-year revenue growth of Bilibili
It will focus on startups working on 5G, AI or machine learning and analytics, internet of things, mobile edge computing, and mobile and SaaS applications.
The move was done "in order to further protect the rights and interests of consumers," a spokesperson for the short-video platform said.
The startup witnessed 2.5x year-on-year growth in GMV in Q2 2020 due to the rise of ecommerce in Indonesia.
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ByteDance aims to enter into exclusive talks with a bidder in the next 24 to 48 hours and ink a deal by Sept. 15.
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