SparkLabs launches its latest accelerator program in Taipei

Accelerator network SparkLabs launches its newest program today in Taipei. Headed by managing partner Edgar Chiu (pictured above), SparkLabs Taipei will focus on preparing Taiwanese startups to enter other countries. Chiu was COO of Taipei-based app developer Gogolook when it…

Iflix raises $133M for its Netflix-style service for emerging markets

Iflix, an Asia-based startup providing Netflix-like streaming services in emerging markets, has landed $133 million in fresh funding to accelerate its business. The investment was led by U.S. media conglomerate Hearst, which counts BuzzFeed, Vice and Roku among its investment…

Hong Kong’s Gobee raises $9M to take on China’s bike-sharing unicorns worldwide

China’s Ofo and Mobike may be the Uber of bike-sharing thanks an early head start and more than $1 billion in cumulative funding that’s financing aggressive international expansions, but that isn’t deterring smaller players. Hong Kong’s Gobee Bike, one such upstart…

China’s Didi invests in Taxify, an Uber rival operating in Europe and Africa

Didi Chuxing, the ride-sharing company that forced Uber out of China, has expanded its increasingly global empire after it made an undisclosed investment in Taxify, an Uber-like service that operates in Europe and Africa. Four-year-old Taxify is headquartered in Estonia…

Flipkart’s on-off-on-off-on-off deal to acquire Snapdeal is now officially dead

What a difference a week makes. Less than seven days after Flipkart’s much-rumored acquisition of Snapdeal appeared to be nearing completion following months of speculation, the deal has officially died. All that stood between a reported $900-$950 million acquisition was the…