Tag: tokyo
Fashion wholesale marketplace Joor opens China office
Joor, an online marketplace that connects fashion brands and retailers around the world, has opened its first China office in downtown Shanghai as it eyes growth in the region. The 11-year-old New York-based company works as a virtual showroom for brands, which traditionally would meet with their retail partners in…
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Japan’s Uncovered Fund launches $15M fund to back early-stage startups in Africa
Uncovered Fund, a VC firm targeting early-stage startups in Africa, announced today that it has launched its $15 million fund which is expected to close at the end of June this year. The Tokyo-based outfit founded by Takuma Terakubo in 2019 will invest $50,000 to $500,000 in African startups in…
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Uber is finally available in Tokyo as a taxi service
Uber is a mainstay in numerous giant cities, but it hasn’t had a foothold in Tokyo — a combination of strict limits on ridesharing and public wariness has kept it out of Japan’s best-known metropolis. Now, however, it’s part of the landscape. Bloombe… Source
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American Airlines cuts long-haul international flights by 75%
American Airlines said it will suspend 75% of its long-haul international flights from the U.S., beginning March 16 in response to decreased demand and government travel restrictions put in place to lessen the spread of COVID-19. American Airlines had already reduced its capacity. This latest move, which was announced Saturday…
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These specialized Africa VC funds are welcoming co-investors
For global venture capitalists still on the fence about entering Africa, a first move could be co-investing with a proven fund that’s already working in the region. Africa’s startup scene is performance-light — one major IPO and a handful of exits — but there could be greater returns for investors…
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Japanese vacation rental management startup H2O raises $7 million Series B from investors including Samsung Ventures
Japan’s tourism industry is booming, but it faces a hotel room shortage, especially in Tokyo as it prepares for the Summer Olympics. H2O addresses the market opportunity with a platform that helps vacation rental owners manage their properties. The startup announced today it has raised $7 million in Series B…
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