Daily News | Softbank led Snapdeal 100 million US dollars; Paytm said the latest round of valuation is 15 billion US dollars


After Southeast Asia’s talks with Gojek, the Malaysian government “in principle agreed” to enter the country’s market.According to KrASIA’s quote from The Star, the relevant departments in Malaysia are expected to take 1-2 months to design and implement the new service.In addition, the proposal must be submitted to the Cabinet for approval.However, some people believe that the Malaysian government has chosen to give green lights to foreign companies instead of supporting local companies, such as Dego Ride, the first startup in Malaysia to offer “two-wheeled taxis”.It is reported that the company was banned in March 2017 due to safety concerns.Singapore: Tesla is not a green lifestyle, we are not interested.According to 36, Sina Finance reported that Singapore’s Minister of Environment and Water Resources, Masagos Zulkifli, said in an interview on Wednesday that Singapore has placed more emphasis on subway and bus travel.Musk had previously criticized Singapore for its slowness in accepting and deploying electric vehicles. Ma Shangao asked Musk’s comment: “Muske wants a way of life. We are not interested in lifestyle. We are interested inIt is a suitable solution to the climate problem.” India’s soft silver led Snapdeal 100 million US dollars, the former tried to promote Flipkart’s acquisition of Snapdeal.According to KrASIA, Softbank will invest 60 million US dollars in the investment, and another 40 million US dollars will be invested by small and medium investors who are interested in participating.It is reported that Snapdeal has to reduce the size of its employees and cut costs as losses continue to increase.Snapdeal sold all non-core subsidiaries.In the past two years, the decline in the performance of competitors and the popularity of the Internet have made Snapdeal’s situation better.Snapdeal said that in the fiscal year 2018-2019, its revenue increased by 73% to $129 million, and losses were reduced by 70% to approximately $26 million.Tiger Global led the Indian wealth management platform INDwealth with $15 million in financing.According to Yourstory, in November last year, INDwealth raised $30 million in funding.With the $15 million raise, the company raised a total of $45 million.It is reported that the funds will be used for the formation of artificial intelligence, technology, research and development, consulting and other teams, as well as marketing and customer acquisition plans.Paytm said the latest valuation rose 25% to $15 billion.According to DealStreetAsia, Paytm founder Vijay Shekhar Sharma said that several employees have cashed in $150 million in stocks.It is reported that three months ago, Paytm employees sold $150 million in Esops (employee shareholding plan) to New York investors.In addition, Paytm said that about 14 million merchants are using the service, and it plans to increase it to 24 million by the end of the fiscal year.ZoloStays, a shared accommodations provider in India, plans to raise $100 million in Series C funding.According to Inc42, ZoloStay raised $30 million in the B round of financing in January.It is reported that ZoloStay was established in 2015 and its platform is designed to provide affordable housing for people who are studying or working outside.In addition, ZoloStay said the funds will be used to increase listings and improve existing conditions in existing homes.Zolostay also said that the company currently has more than 500 employees, and will increase recruitment after the round of financing.OYO plans to lay off 150-200 salespeople.According to ET Tech, 60 salespeople from New Delhi and Gurgaon have been laid off.It is reported that OYO had previously had a dispute with its partners and its business was affected. The layoffs may be related to this.In June this year, there were media reports that OYO planned to lay off 1,000 people from the team of the Chinese subsidiary OYO Hotel, but the OYO spokesman denied this statement.Amazon’s largest park is on line in India: it covers an area of ​​38,400 square meters.According to a 36-year report from Reuters, Amazon opened the company’s largest park in Hyderabad, India on Wednesday.Amazon said that the latest Indian park covers an area of ​​9.5 acres (about 38,400 square meters), costing “hundreds of millions of dollars”, the park will have 1.8 million square feet (about 170,000 square meters) of office space, the floor area is3 million square feet (about 280,000 square meters).The park will accommodate more than 15,000 employees.Currently, Amazon has about 62,000 employees in India, and about one-third of them are in Hyderabad.The Indian government will open the internal online mall GeM to the public and become a competitor of Amazon and Flipkart.According to KrASIA, in the fiscal year 2018-2019, GeM’s revenue was about $2.4 billion and is expected to be close to $7 billion in the fiscal year 2019-2020.Amazon and Flipkart had revenues of about $3.2 billion and $3.8 billion in the last fiscal year.It is reported that GeM currently only allows government departments, the public sector and its employees to purchase products.The business department proposed the above proposal to open GeM to the public and transform it into a complete B2C model.The transformation process will be carried out in three phases: in the first phase, private companies with government contracts will be allowed to shop; in the second phase, these enterprises will be allowed to purchase in bulk; in the third phase, they will become platforms for individual users.Other Sensor Tower: 2019 Q2 Korean mobile game market total revenue of 902 million US dollars, an increase of 8.7%.According to the latest data from Sensor Tower store information, the total revenue of the Q2 Korean mobile game market in the App Store and Google Play reached US$902 million in 2019, an increase of 8.7% year-on-year and 4.5% quarter-on-quarter.Among them, revenue of TOP100 mobile games in the App Store and Google Play totaled 710 million US dollars, a quarter-on-year increase of 2.3%, down 13.4%.文 | 云晞@36氪出海编 | Zhao Xiaochun @36氪出海图 | Oriental IC.