Melody Yong

50 Flips | 10 Magazines | 17 Likes | 2 Following | @melojelowelo | Keep up with Melody Yong on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Melody Yong”

Skyline AI raises $3M from Sequoia Capital to help real estate investors make better decisions

Skyline AI, an Israeli startup that uses machine learning to help real estate investors identify promising properties, announced today that it has raised $3 million in seed funding from Sequoia Capital. The round will be used to build its tech platform and hire experts in data science and machine …

Dropbox up another 7% on day two

Dropbox’s surge on the stock market has continued, with the company going up another 7 percent on its second day on the stock market.<p>The company saw its shares close at $30.45, giving the company above a $13 billion market cap, fully diluted.<p>When it priced its IPO, there was a question as to …

CardUp raises $1.7M to help small businesses get more out of their credit cards

CardUp founder and CEO Nicki Ramsay (front, second from right) with her team<p>CardUp, a Singapore-based startup that enables users to make large, recurring payments by credit card even to recipients that don’t accept cards, has raised $2.2 million SGD (about $1.7 million) led by Sequoia India and …

Uber’s India rival Ola could add public transport services following latest acquisition

The rumors are true, India’s Uber rival/potential-future-M&A-buddy Ola has acquired transportation startup Ridlr in an undisclosed deal.<p>Mint reported the imminent transaction last week, describing it as a fire sale, and today Ola confirmed the deal. The terms are undisclosed so you can make of that …

SoftBank leads $450M investment in Paytm’s e-commerce business

SoftBank is at it again giving money to companies that rival startups it has already invested in.<p>The Japanese firm and its long-time ally (and existing Paytm backer) Alibaba have come together to invest $450 million more into Paytm’s e-commerce business, Paytm Mall, as first reported by Mint. The …

Chinese bike-sharing pioneer Mobike sold to ambitious Meituan Dianping for $2.7B

Meituan Dianping, the fast-growing Chinese firm valued at $30 billion, is buying Mobike, a Chinese startup that helped pioneer bike-sharing services worldwide, in a major piece of consolidation.<p>The deal was heavy rumored yesterday and TechCrunch has today confirmed with two sources that it has been …

Singapore-based smart lock maker Igloohome raises $4M

Singapore-based smart lock maker Igloohome has closed a $4 million Series A round.<p>The investment was led by Insignia Ventures, the new firm started by ex-Sequoia venture partner Yinglan Tan. Phillip Private Equity, X Capital Ventures, K3 Venture’s Kuok Meng Xiong, angel investor Koh Boon Hwee, and …

Coinbase unveils fund for early-stage cryptocurrency startups

Coinbase has launched a new fund called Coinbase Ventures to invest in early-stage cryptocurrency and blockchain startups. In a blog post, Coinbase head of corporate and business development Emilie Choi said that the fund’s goal is to strengthen the sector.<p>“At least in the beginning, our goal is …

China’s SenseTime, the world’s highest valued AI startup, raises $600M

The future of artificial intelligence (AI), the technology that is seen as potentially impacting almost every industry on the planet, is widely acknowledged to be a war between tech firms in America and China.<p>In a notable side-note to that battle, China now has the world’s highest-valued AI startup …

Instabridge, the Wi-Fi sharing community, scores $3M more funding for Asia expansion

Sweden’s Instabridge, the Wi-Fi sharing community and mobile app that has proved particularly popular in Brazil and Mexico, has scored $3 million in further funding — money it’s pegged for Asia expansion, starting with India.<p>The new round is led by Luminar Ventures (headed up by Magnus Bergman and …

Insurance giant Allianz confirms $35M investment in Asian ride-sharing unicorn Go-Jek

German insurance giant Allianz is following Google and Tencent by backing Go-Jek, the Indonesia-based ride-hailing and local services company valued at over $4.5 billion, after it announced an investment.<p>The money comes from Allianz X, the firm’s digital investment arm, which confirmed it put in …

WeWork confirms deal to buy Naked Hub, one of its main competitors in China

WeWork is buying up one of its largest competitors in China after it announced a deal to acquire Naked Hub.<p>The deal was widely reported by Chinese media yesterday, but WeWork has now confirmed it through a blog post from its CEO Adam Neumann. Terms of the transaction are not disclosed but Bloomberg …

Dating service East Meet East raises $4M to develop AI matching and expand into Asia

East Meet East, a New York-based matchmaking service focused on connecting Asian people in the U.S., is expanding its focus to go after dating opportunities in Asia after it raised a $4 million Series A funding round.<p>The money comes from existing backer 500 Startups and new investors Asahi Medialab …

Zuora’s IPO is another step in golden age of enterprise SaaS

Zuora’s founder and CEO Tien Tzuo had a vision of a subscription economy long before most people ever considered the notion. He knew that for companies to succeed with subscriptions, they needed a bookkeeping system that understood how they collected and reported money. The company went public …

Funding Societies, a Southeast Asian lending platform, gets $25M Series B led by Softbank Ventures Korea

Funding Societies co-founders Reynold Wijaya and Kelvin Teo.<p>Funding Societies, a peer-to-peer lending platform in Southeast Asia, said today that it has raised a $25 million Series B led by Softbank Ventures Korea, the Japanese tech conglomerate’s early-stage venture capital unit. The round …

Eventbrite acquires Spanish ticketing platform Ticketea

Eventbrite has been shopping again in Europe — announcing today that it’s picked up Spanish ticketing firm, Ticketea. Terms of the deal have not been disclosed but we’re asking around.<p><b>Update:</b> One source pegs it at between €8-10M, while another says it’s closer to €12-15M (perhaps factoring in terms …

Razer doubles down on Southeast Asia and payments with acquisition of MOL

Gaming hardware maker Razer, which went public in a big IPO in Hong Kong last year, is doubling down on payments after it announced a deal to acquire MOL, a company that offers online and offline payments in Southeast Asia.<p>Razer made an initial $20 million investment in MOL last June to supercharge …

Despite IPO surge, Hong Kong investors aren’t tech savvy, warns Razer CEO

Xiaomi and Ant Financial are two of a cluster of major tech names being linked with IPOs in Hong Kong. But, despite a burst of upcoming tech listings and new measures that are tipped to encourage more, the country still has some way to go to match the U.S. as a destination for startup exits, …

Xiaomi officially files for Hong Kong IPO to raise a reported $10 billion

Xiaomi’s much-speculated IPO process has kicked off officially after the Chinese smartphone giant filed to go public on the Hong Kong Stock Exchange.<p>The first draft of its filing does not include proposed financial details of its listing, but the South China Morning Post reports that the …

Southeast Asia e-commerce startup iPrice raises $4M led by chat app Line’s VC arm

iPrice, a service that aggregates Southeast Asia’s e-commerce websites in a single destination, has pulled in new funding led by messaging app Line’s VC arm, Line Ventures.<p>The round is officially undisclosed, but TechCrunch understands from a source close to negotiations that it is worth around $4 …

Asia-based recruitment app GetLinks nabs investment led by Alibaba’s Hong Kong fund

GetLinks, a Thailand-based startup that offers a job finder app in six countries Southeast Asia and neighboring regions, has closed new funding led by Australia’s Seek group and Alibaba’s Hong Kong Entrepreneur fund.<p>The size of the investment was not disclosed. GetLinks previously raised $500,000 …

Y Combinator is going after Chinese startups with its first official event in China

High-profile U.S. startup accelerator Y Combinator is making a push to bring more China-based startups into its program after it announced its first official event in the country.<p>YC has made a push to include startups from outside of North America in recent years. That has seen it bring in …

Early Go-Jek investor NSI Ventures goes independent and rebrands to Openspace

NSI Ventures, the Singapore-based VC firm affiliated with PE firm Northstar Group that invested early in ride-sharing unicorn Go-Jek, is going independent after it announced it has rebranded to Openspace Ventures.<p>NSI Ventures was started by Hian Goh, an entrepreneur who sold his startup Asia Food …

India’s Jugnoo adopts a unique take on ride-hailing to help fill Singapore’s Uber void

Another contender is throwing its hat into the ring to replace Uber in Southeast Asia after India’s Jugnoo, a startup that specializes in offering autorickshaws on demand in India, revealed it plans to enter Singapore.<p>Uber announced its exit from Southeast Asia last month in a deal that sees Grab …

Former Google China head targets AI opportunities with new $900M Sinovation fund

Sinovation Ventures, one of China’s prominent funds which is helmed by former Google China head Kaifu Lee, has announced a new investment fund that’s targeted at a total raise of $900 million.<p>This newest fund is the firm’s fourth, and it promises to be its largest to date. Sinovation is a little …

Nintendo’s annual profit rockets by 500% after selling 15M Switch consoles

Nintendo has announced impressive financial results thanks to strong sales its Switch console, and a new CEO.<p>Operating profit rose by a huge 505 percent to reach 178 billion yen ($1.6 billion) over the last financial year. Revenue was also up by an impressive 116 percent to hit 1.06 trillion yen …

Bangladesh’s version of Go-Jek raises over $10M in a round led by Go-Jek

$4.5 billion-valued ride-sharing startup Go-Jek may be busy in Southeast Asia, where it is aiming to step into the gap following Uber’s exit, but that isn’t stopping it from looking at opportunities elsewhere in the world.<p>Over in Bangladesh, motorbike-taxi hailing service Pathao has announced that …

How to Write a One-Page Business Plan

It's not as hard as you think.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Starting a business is no easy feat, and at the backbone of every business is a solid business plan. Before those words scare you, you'll be happy to know there's a simple way to do this.<p>In this video, …

See world's largest cave, Hang Son Doong, in Vietnam | CNN Travel

9 Wedding Trends That Are Out For 2017

As we work our way to the end of 2016, it’s time to say goodbye to some wedding trends that have run their course. Here are 9 that need to retire in …

Weddings