By Quynh Nguyen
Charity Safford has been appointed Chief Executive Officer for three markets – Vietnam, Cambodia and Myanmar.
The deal is set to see 99.co — which is backed by investors including 500 Startups, Golden Gate Ventures, East Ventures, Sequoia India and Facebook co-founder Eduardo Saverin — emerge as a strong competitor to PropertyGuru in Singapore and Indonesia.
The two co-working space operators earlier announced plans to merge to compete with industry leader WeWork, whose operational footprint in Asia extends to China, Hong Kong, and India.
The collaboration with ComfortDelGro is expected to give Uber a leg up in its battle for market share with Grab, Southeast Asia’s dominant ride-hailing player.
The acquisition comes less than a year after it bought Indonesian payments startup Kudo.
Roads everywhere are some of the most heavily regulated spaces, but Japan has stringent rules for its sidewalks.
Upon completion of the deal, JD.com will become one of Tiki’s largest shareholders.
Sleekr is among the five companies that received between $2 million and $3 million from Money Forward.
Ofo will be the first international company to launch bike sharing in India.
While Taobao’s inclusion in the blacklist does not carry any direct penalties, it is a blow to Alibaba’s efforts to shed perceptions that its sites are riddled with fakes and that its anti-piracy policies are inadequate.