Asia
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Amazon will acquire startup Emvantage for an undisclosed amount to develop its Indian e-commerce site’s payment platform. In a press announcement, Amazon said the Noida-based company’s employees will start working for Amazon’s payment team after the transaction is completed. Read More
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Yello Mobile — the Seoul, Korea-based mobile apps business that has grown by raising nearly $150 million and acquiring over 80 other app startups — has picked another $30 million in funding. This latest cash injection comes from SBI Holdings, a digital financial services group based out of Japan that announced a strategic partnership with Yello at the end of last year. When… Read More
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Not to be outdone on the Galaxy S7 and S7 Edge leaks that were all over the Internets yesterday, Samsung has published an official launch website for its forthcoming pair of flagships — which includes a new promo video for the S7 Edge with some heavy hints about features… Read More
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There’s less than a week to go until LG’s pre-MWC press conference, where the company is expected to lift the veil on a new flagship smartphone, the LG G5. But the South Korean mobile maker has another handset to show off in Barcelona — which it’s just announced today. Read More
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Millions of people in Southeast Asia are going online for the first time through their smartphones. The region’s “mobile-first” approach makes it especially attractive for e-commerce, social network, and gaming companies—when their apps work, that is. Unfortunately, users are often frustrated by slow connection speeds. Neumob, a service that decreases load times for… Read More
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Facebook’s Free Basics — the company’s zero-rated mobile service — has been under fire in India over net neutrality violations for months, and now the country’s regulator has weighed in hard on the issue: FreeBasics and services like it have been banned, according to an announcement from TRAI. Facebook has issued a statement in response to the ruling that looks… Read More
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