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Food and financial services now make up more than 50% of Grab’s gross merchandise volume, according to Lim Kell Jay, the regional head of GrabFood. The margins for food delivery are better than for ride-hailing, Lim says.
Equity crowdfunding (ECF) operator PitchIN is now accepting Bitcoin and NEM tokens for fundraising campaigns on its platform.
A unit of Ericsson AB pleaded guilty to foreign bribery and the parent company agreed to pay more than US$1bil (RM4.17bil) to resolve a long-running US corruption investigation.
Space exploration, trading, and combat game Star Citizen, in development since 2011 with a portion available to its 2.5 million early access backers, has passed US$250mil (RM1.04bil) raised.
Google CEO Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, extending a long retreat from public roles and active management by Page and Sergey Brin at the company they co-founded 21 years ago.
At 29, Spandan Sharma doesn't own a flat, a car, or even a chair – one of a growing number of Indian millennials bucking traditional norms and instead opting to rent everything from furniture to iPhones.
Vinted, an online marketplace for second-hand clothes, has surfed a sustainable fashion wave to become Lithuania's first technology startup to reach "unicorn" status with a valuation of over US$1bil.
Silver Lake’s expensive foray into English football reflects the soaring value of live matches and a bet that Manchester City’s hundreds of millions of fans represent a big revenue opportunity.
Online services have upended the world of advertising by enabling marketers, including political campaigns, to refine their pitches to specific groups of people or geographic areas.
Indonesian police said on Nov 26 they have arrested 85 Chinese citizens for involvement in a cross-border telephone and Internet fraud ring after receiving a tip from Chinese police.