Catherine Shu
Writer
The Latest from Catherine Shu
WeMo, one of Taiwan’s biggest scooter-sharing platforms, gears up for international expansion
Scooters, a common sight on the streets of Taiwan, give commuters an alternative to cars in the country’s densely-populated cities. But they also contribute to pollution and jam-packed parking space
Sentry launches new performance monitoring software for Python and Javascript
Sentry, the Accel-backed company that creates bug-monitoring software for app developers, announced its latest product today. Called Performance Monitoring, it is frontend performance monitoring softw
Auckland-based photo software startup Narrative raises $2.58 million led by Founders Fund
For many freelance photographers, marketing their businesses and editing photos takes as much time, if not much more, than photoshoots. Founded in 2017, Auckland-based Narrative helps professional pho
Luckin Coffee replaces chairman Charles Lu
Luckin Coffee has replaced co-founder and (now ex-) chairman Charles Zhengyao Lu, despite his efforts to maintain control over the troubled Beijing-based coffee chain. The company disclosed in an SEC
Project Ubin, the Singaporean money authority’s blockchain initiative, moves closer to commercialization
The Monetary Authority of Singapore (MAS) and state investment firm Temasek announced today that Project Ubin, its blockchain-based multi-currency payments network, has proven its commercial potential
Tesla lowers the starting price of its Model Y electric SUV
Tesla has lowered the price of another vehicle. This time it’s the Model Y, an electric SUV the company started shipping in March. The long-range all-wheel drive version of the car is now listed
WeWork’s chairman says it expects to have positive cash flow in 2021
After aggressive cost-cutting measures, including mass layoffs and selling several of its businesses, WeWork’s chairman expects the company to have positive cash flow in 2021. Marcelo Claure, who be
California reportedly launches antitrust investigation into Google
According to a report in Politico, California has become the 49th state to launch an antitrust investigation into Google. California and Alabama were the only states that did not participate in an ant
US government may finalize ban on federal contractors using equipment from Huawei this week
The Trump administration is set to finalize regulations this week that ban the United States government from working with contractors who use technology from five Chinese companies: Huawei, ZTE, Hikvi
Singaporean startup Karana raises $1.7 million for meat substitutes made from jackfruit
Singaporeans have a growing appetite for plant-based meat substitutes. In fact, demand for products from companies like Beyond Meat, Impossible Foods and Quorn have grown during the pandemic, partly b
Google reportedly cancelled a cloud project meant for countries including China
Updated with Google’s full statement After reportedly spending a year and a half working on a cloud service meant for China and other countries, Google cancelled the project, called “Isolated
Payfazz gets $53 million to give more Indonesians access to financial services
Indonesia is not only Southeast Asia’s most populated country, but also one of the world’s fastest-growing economies. But many people, especially outside of major cities, still lack access to basi
Uber reportedly agrees to acquire Postmates for $2.65 billion
Uber has reportedly agreed to buy Postmates in an all-stock deal worth $2.65 billion. According to Bloomberg, the deal may be announced on Monday morning. Like other travel- and transportation-related
US plans to rollback special status may erode Hong Kong’s startup ecosystem
Depending on the extent of the United States’ rollbacks on special status, a lot of Hong Kong’s appeal to American tech companies and talent may be eroded.
Meet BukuWarung, the bookkeeping app built for Indonesia’s 60 million “micromerchants”
In Indonesia, there are about 60 million “micromerchants,” typically small store owners who sell food and other staple items, and have close relationships with their customers. Many often
US suspends export of sensitive tech to Hong Kong as China passes new national security law
The United States government began measures today to end its special status with Hong Kong, one month after Secretary of State Michael Pompeo told Congress that Hong Kong should no longer be considere
AfterShip makes its automated shipping API, Postmen, available for free
AfterShip, the e-commerce shipment tracking platform, announced today that Postmen, its shipping API, is now available for free, with no limits on shipment volume. Co-founder Andrew Chan told TechCrun
Hong Kong fintech startup Qupital will offer services to eBay cross-border sellers
Qupital, a trade financing platform, said today that it has entered an agreement with eBay to be one of its officially recommended Hong Kong financing service providers. Qupital will provide offshore
Singapore-based options trading platform Sparrow raises $3.5 million Series A
Sparrow Exchange, a Bitcoin and Ethereum options trading platform based in Singapore, will launch more products after raising $3.5 million in Series A funding. The round was led by HDR Group, the owne
Taiwanese startup Deep01 raises $2.7 million for its AI-based medical imaging software
Deep01, a Taiwanese startup that develops software to help doctors interpret CT brain scans more quickly, announced today that it has raised $2.7 million. The funding was led by PC maker ASUSTek. Deep