E-commerce startup Zilingo raises $226M to digitize Asias fashion supply chain
February 26, 2019

If you’re looking for the next unicorn in Southeast Asia, Zilingo might just be it. The 3.5-year-old e-commerce company announced today that it has raised a Series D round worth $226 million to go after the opportunity to digitize Asia’s Continue reading

Chat app Line injects $182M into its mobile payment business
February 25, 2019

Japanese messaging app company Line is pumping 20 billion JPY ($182 million) into its mobile payment business as it tries to turn things around following a challenging year in 2018.

The company announced the infusion into Line Pay, a subsidiary Continue reading

Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBanks Vision Fund
December 25, 2018

Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba.

SoftBank and Alibaba are existing investors in the business — the Chinese Continue reading

WorldsBig-Three Central Banks to Meet With Different Agendas
June 10, 2018

The world’s three most powerful central banks convene next week, with the U.S. Federal Reserve setting the pace in a retreat from the era of easy money.

Three meetings within 36 hours of each other are set to conclude with Continue reading

Fitch Upgrades Philippines in Win for Duterte’s Economic Plans
December 11, 2017

Fitch Ratings raised the Philippines sovereign rating in a boost for President Rodrigo Duterte’s economic plans, which include a tax reform that’s set to strengthen the fiscal outlook.

The rating on the nation’s long-term foreign currency-denominated debt was raised one Continue reading