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SoftBank-backed Socar, South Korea’s largest car-sharing startup, tumbles on market debut

TechCrunch

trillion won (approximately $1 billion) in March from Lotte Rental, the rental car unit of South Korean Lotte Group. FMS is different from car-sharing, which has been Socar’s flagship business for the past ten years, and if stabilized, it is a B2B SaaS that guarantees a high-profit ratio,” Park said. The startup raised a total of 379.7

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Kodland, which teaches kids digital skills, grabs $9M to scale its online coding school

TechCrunch

Canada, CIS Region, Malaysia, Indonesia and Argentina — with the startup offering proprietary localized content for each target region (although its users are spread across some 40 countries). Kodland’s remote courses for children aged 6-17 are currently available in the U.K., Ireland, the U.S.,

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Here are the 8 startups graduating from Chinaccelerator’s third class

The Next Web

Toy Cloud has seen some early interest from hackerspaces, makerspaces and developer groups. They’re running a test in Malaysia and are gearing up to launch in Beijing soon. “They like to make things that do cool stuff and we just make it possible for them to do more of that,” Tan said. Weibo Agent.

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Indonesia’s IDEAL takes the pain out of applying for mortgages

TechCrunch

million in pre-seed funding led by AC Venture and Alpha JWC, with participation from Living Lab Ventures and Ciputra Group. With that in mind, Indonesia has one of the lowest credit to GDP ratios in the region, signifying that there is a lot of economic value potential that can be unlocked. The startup announced today it has raised $3.8

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Una Brands launches with $40M to roll up brands on multiple Asia-Pacific e-commerce platforms

TechCrunch

Many of the most notable startups in the space, like Thrasio , Berlin Brands Group and Branded Group , focus on consolidating Amazon Marketplace sellers. Una did not disclose the ratio of equity and debt in the round. One of the biggest funding trends of the past year is companies that consolidate small e-commerce brands.

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​​Xpeng, Zeekr, and more enter Thailand, eye expansion across Southeast Asia

TechNode

Credit: Zeekr Debut in Bangkok: Xpeng named on Monday three major dealer groups to sell and service its EVs for Southeast Asia: Neo Mobility Asia for Thailand, Premium Automobiles for Singapore, and Bermaz Auto for Malaysia. The EV maker, an affiliate of Chinas GAC Group, said on Jan. 31 (in Chinese) it will invest 2.3