Here’s what you need to know.

1. On demand startup Lalamove gets $30M for expansion to 100 cities

Hong Kong based Lalamove announced it has secured $30 million from investors. Xianghe Capital, a relatively new firm, led the round, while Blackhole Capital and previous investors MindWorks Ventures and Crystal Stream contributed. Now active in 40 cities in mainland China, plus Hong Kong, Taipei, Singapore, Bangkok, and Manila, Lalamove wants to be in 100 cities by the end of the year.

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2. Amazon Go: Open for business to employees only 

Image credit: Taylor Anderson linkedin

There are five ways that Amazon will disrupt a typical American neighborhood before Amazon Go becomes readily available for the public. This includes the digitization of home services and voice enabled digital commerce.

In other news, Amazon Go may open in Seattle’s Capitol Hill neighborhood.

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3. Indonesia’s Tokopedia will explore more fintech services

In the past one year Tokopedia has been aggressively launching new features starting from payment channels to services such as mobile phone and home electricity credits purchase

Throughout 2017, Tokopedia still aims to present more new payments channels to ease transaction for every Indonesian. The company will also open access to more financial services such as loans, insurance, savings, and investment for users in different ends of the country.

Read the rest of the story here.

 

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