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China’s logistics titan YTO nets close to $1B from Alibaba in overseas push

China’s logistics titan YTO nets close to $1B from Alibaba in overseas push

by admin | Sep 2, 2020 | News

E-commerce has brought in a logistics boom in China over the last decade, transforming small-town delivery businesses into multinational corporations. One leading player, YTO, is gearing up for international expansion after it secured 6.6 billion yuan or $970 million...
3one4 Capital launches $100M fund to back early-stage startups in India

3one4 Capital launches $100M fund to back early-stage startups in India

by admin | Sep 2, 2020 | News

3one4 Capital, a venture capital firm in India, today announced a $100 million fund as the young investment firm looks to back more early-stage startups in the world’s second largest internet market. The new fund, third for the five-year-old Bangalore-headquartered...
Indonesian insurtech startup PasarPolis gets $54 million Series B from investors including LeapFrog and SBI

Indonesian insurtech startup PasarPolis gets $54 million Series B from investors including LeapFrog and SBI

by admin | Sep 2, 2020 | News

PasarPolis, the Indonesian-based startup focused on making insurance policies more accessible in Southeast Asia, announced today it has closed a Series B round totaling $54 million. Investors include LeapFrog Investments and SBI Investment, both firms that focus on...
GM, Ford wrap up ventilator production and shift back to auto business

GM, Ford wrap up ventilator production and shift back to auto business

by admin | Sep 2, 2020 | News

As the COVID-19 pandemic spread to the United States, a number of automakers and other manufacturers announced plans to retrofit factories to help ease the shortage of personal protective gear and ventilators. Now, two U.S. automakers have fulfilled their separate...
Toss Lab raises $13 million Series B for its collaboration platform JANDI, the ‘Slack of Asia’

Toss Lab raises $13 million Series B for its collaboration platform JANDI, the ‘Slack of Asia’

by admin | Sep 2, 2020 | News

As Slack ramps up its investment in Asia, Toss Lab, the South Korea-based creator of enterprise collaboration platform JANDI, is preparing to become a more formidable rival. The startup announced today that it has raised a $13 million Series B led by SoftBank Ventures...
Daily Crunch: Apple launches ‘Exposure Notification Express’ for COVID-19

Daily Crunch: Apple launches ‘Exposure Notification Express’ for COVID-19

by admin | Sep 1, 2020 | News

Apple and Google are adding support for app-less exposure notifications, Facebook says it might block news sharing in Australia and Samsung has a new foldable phone. This is your Daily Crunch for September 1, 2020. The big story: Apple launches ‘Exposure Notification...
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