Amazon is increasing its focus on Southeast Asia after the e-commerce giant launched its Prime service in Singapore. The U.S. firm landed in Singapore, its first market in Southeast Asia, in July initially offering Prime Now, its e-commerce service with an aggressive two-hour delivery window. From this week, however, it is offering its full Prime
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Viola, the Israel-based technology investment group, is launching new independent VC fund targeting fintech startups from anywhere in the world. Dubbed Viola FinTech, the “cross-stage venture fund” has an initial closing of $100 million but will extend that towards $120-150 million. It is backed by global banks, insurance companies and asset managers from North America,
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Health2Sync, a Taiwan-headquartered company that offers a diabetes tracking service, has closed a $6 million Series B round aimed at expanding its business in Japan and other markets in Asia. Health2Sync launched at the TechCrunch Hardware Battlefield at CES 2014 and it essentially offers a smarter way to track and manage diabetes. Using a BlueTooth
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This morning, Frederic reported that Intuit has acquired Tsheets, a time-tracking service, for $340 million. That’s one of the highest prices that Intuit has ever paid for an acquisition, roughly equal to the cost of the company’s acquisition of Mint Bills / Check in 2014, and slightly smaller than the acquisition of Demandforce in 2012
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Apple today is introducing a new way for app developers to acquire users for their apps: it’s launching a pay-per-install advertising product called Search Ads Basic. The “basic” branding signals that this product is being aimed at smaller developers compared with the existing Search Ads product, which is now being renamed to Search Ads Advanced.
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Jinn, the London on-demand delivery startup that shut down and was put into administration after being unable to pay creditors, has found a buyer for some of its assets. TechCrunch understands that global logistics company Rico Logistics Ltd., under its London-based luxury delivery service Henchman, has acquired the Jinn app, brand and (presumably) customer base.
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Playdots, the company that lets gamers play with Dots, will soon have a new CEO as co-founder and current COO Patrick Moberg takes over for co-founder Paul Murphy. Murphy lead the company as CEO since the founding in 2013 and will stay with Playdots as a board member. Murphy and Moberg co-founded Playdots in 2013
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