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Li Auto says it will push for “major overseas growth” this year

TechNode

Details: Li Auto has been working with a group of high-quality and experienced authorized dealers in Central Asia, the Asia-Pacific region, and several other markets and will increase its investments in Latin America and Europe, according to Li. Meanwhile, the companys annual profit plunged by nearly a third to RMB 8 billion ($1.1

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Sequoia Capital Southeast Asia backs cross-border payments startup Tazapay

TechCrunch

million in Series A funding led by Sequoia Capital Southeast Asia. Its API covers over 170 markets for card payments, and 85 markets for local payments collection, which means its customers can accept payments in different countries without having to set up local entities. Tazapay was created to solve those problems.

Asia 92
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Backed by Tiger Global, Intellect is creating culturally-competent mental healthcare for Asia

TechCrunch

Mental health startup Intellect ’s ambitious goal is to be available across the Asia-Pacific, but ensure localized, culturally-competent care in each of the many markets it serves. Intellect describes this as “the largest venture round raised by any mental health company in Asia.”

Asia 98
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Seoul-based payment tech startup CHAI gets $60 million from Hanhwa, SoftBank Ventures Asia

TechCrunch

The round was led by Hanhwa Investment & Securities, with participation from SoftBank Ventures Asia (the early-stage venture capital arm of SoftBank Group), SK Networks, Aarden Partners and other strategic partners. The Seoul-based startup announced today it has raised a $60 million Series B.

Asia 127
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SoftBank Vision Fund 2 invests $160M in media localization provider Iyuno-SDI Group

TechCrunch

Iyuno-SDI Group , a provider of translated subtitles and other media localization services, announced today it has raised $160 million in funding from SoftBank Vision 2. How localization leader Iyuno Media Group opens entertainment to international audiences. The company said this makes the fund one of its largest shareholders.

Local 94
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Warren gets $1.4 million to help local cloud infrastructure providers compete against Amazon and other giants

TechCrunch

Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. ” Many local providers also offer lower prices and give a large amount of bandwidth for free, attracting SMEs. . It recently closed a $1.4

Local 109
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Southeast Asia insurtech Igloo increases its Series B to $46M

TechCrunch

Igloo , a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. Igloo currently works with 20 global, regional and local insurers across Southeast Asia.

Asia 94