Bitcoin startups in Asia take aim at remittances market

    “We started in 2014, when bitcoin crashed from $1,000 to $200-$300 and luckily our business model didn’t rely on speculation,” said SCI co-founder Miguel Cuneta. HONG KONG/SEOUL: Bitcoin, battered by warnings about volatility and bubble-like appreciation, may have found a way to play a niche role in a big market: overseas money transfers. Used as […]

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    Google to provide seed funding for renewable energy in Asia

    In the long term, Google’s aim is to use renewable energy to provide all the electricity used in its operations. Photo: AFP Beijing: Google is providing seed funding to the Center for Resource Solutions to set up renewable energy certification programs across Asia, which will help companies to know the power they buy comes from […]

    App Annie bets on Southeast Asia, India to capture smartphone surge

    App Annie—derived from App Nanny, to imply it takes care of all things app—is mostly unknown outside of tech circles yet counts the biggest names in the industry among its customers. Singapore: A Singaporean shophouse may seem an unlikely symbol of Asia’s mobile boom. Yet one muggy evening in March, about a hundred people packed […]

    Uber opens its first Centre of Excellence in Asia in Hyderabad

    Uber operates in 26 cities in India. Photo: AP Hyderabad: Taxi aggregator Uber Technologies Inc. opened its first centre of excellence in Asia in Hyderabad as the San Francisco-based company centralizes several of India operations at a single location in its third biggest market. The facility will have staff providing round the clock specialized support […]