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· Carl Samson
Uber Shuts Down in Taiwan After Raking $35 Million in Fines in Just One Month
Uber has suspended its operations in Taiwan after accumulating NTD $1.1 billion ($35 million) in fines. The amount built up within a month after a new law that bans unlicensed taxi services took effect. As per local reports, the ride-hailing company was caught for over 48…
· Benny Luo
Filipino-American Who Made Millions Off Snapchat Explains Why He’s Spent NONE Of It
At 28, Garrett Gee is living the life. In 2011, he launched his QR code startup Scan in his college dorm at BYU. In 2013, he received national attention after pitching his company on Shark Tank in his flip-flops. A year later, Gee sold Scan to Snapchat for $54 million, making…
· Ryan General
China is Spending $168 Million to Control the Weather
China’s power over the weather is set to grow exponentially in the next few years as its government begins bankrolling a weather control project to the tune of 1.15 billion yuan (almost $168 million). The initiative is reportedly an effort to combat drought in the country’s…
· King Malleta
How a Japanese High School Dropout Built an $87 Million Tour Bus Empire
Kimi Takura was probably not expecting that his once one-man driving business would turn into a bus empire largely known all over Japan. Takura dropped out of high school after his father’s business went bankrupt. He then started working to be able to earn money and buy his own…
· Carl Samson
The World’s Most Expensive Trip Will Fly You Around the World For $14 Million
The world’s most expensive trip begins in August and there’s a whole lot in store for those who can afford it. Launched by experiential travel boutique DreamMaker, the trip called “Passport to 50” will tour 20 cities in 20 days, circumnavigating the globe via two privately…
· Khier Casino
English Teacher in China Makes Nearly $2 Million Selling Lessons Online
Zhu Wei, an English teacher from China who started his own online tutoring company in 2015,has now made nearly $2 million in the midst of the country’s flourishing English-teaching market. Zhu’s live streaming course includes nine two-hour lessons for 799 yuan ($116) per student.
· King Malleta
Philippine President Signs Executive Order to Give Free Birth Control For 6 Million Women
President Rodrigo Duterte is forcing the Supreme Court’s hand by signing an Executive Order that aims to lift the contraceptives ban in the Philippines. The Supreme Court has placed a temporary restraining order from distributing free contraceptives that supports the…
· Carl Samson
China Will Have 415 Million New Tech Jobs in by 2035
While robots have started replacing workers in China, 415 million jobs are expected in the country by 2035 — and they’re all in tech. If it sounds promising, employees might want to start learning skills that are not easily replaced by artificial intelligence as soon as…
· King Malleta
Indian Woman Finds $15 Million Deposited in Her Bank Account and No One Will Claim It
What would you do if you wake up one day and find millions in your used-to-be empty bank account? Well, an Indian woman has been trying to figure out how she will deal with the millions strangely deposited to her account. Uttar Pradesh-based Sheetal Yadav said that she got the…
· Carl Samson
A Dating App Exclusively For Asian Americans Just Raised $1 Million
If you haven’t heard yet, a dating service tailored for Asians in the U.S. is around, and it just raised $1 million of venture capital from multiple investors. You can now kiss your old app goodbye.
· Editorial Staff
Meet the 23-Year-Old Blind Indian Man Who Built a $16 Million Startup
Srikanth Bolla had a very difficult start in life, but it didn’t prevent him from achieving a level of success that many may never reach, despite being born blind. The 23-year-old made a name for himself after getting a scholarship from the prestigious Massachusetts Institute of…
· Ryan General
Hong Kong Seizes $1.2 Million Worth of Fake Products at Popular Street Market
Hong Kong customs officials rounded up 10 suspected members of a counterfeit syndicate and seized HKD $10 million ($1.28 million) worth of fake products on Thursday at the city’s Ladies Market in Mong Kok. The bust on the busy Tung Choi Street, which aims to shut down the…
· Ryan General
A Chinese Club Just Offered Lionel Messi an Insane $500 Million 5-Year Contract
A wealthy football club from the Chinese Super League is reportedly eyeing Argentine superstar Lionel Messi with an offer that would definitely be difficult to refuse. Chinese club Hebei China Fortune, currently helmed by Chilean coach Manuel Pellegrini, is offering the…
· Editorial Staff
How a Teen ‘Cheated Coded’ His Way into Running a $20 Million a Year Startup
Oftentimes, when we aspire to do something, we complain about not having enough resources to get it done. If we want to build a company, we delay doing it because raising money is hard. If we want to become Hollywood’s next biggest actor, we say we don’t know the right people.…
· Khier Casino
U.S. Delays $430 Million Aid Package to the Philippines Over Human Rights Concerns
The U.S. has postponed an aid package worth up to $430 million to the Philippines due to “significant concerns” about civil liberties infringements under President Rodrigo Duterte. Just days after Duterte admitted to personally killing people, the U.S. embassy in the Philippines…
· King Malleta
Irish Man Offers Million Dollar Dowry to the Family of His Thai Bride-To-Be
An engagement party between an Irish man and a Thai woman became the talk of the town because of the seven figure dowry that the man is willing to give to the family of his bride-to be. According to Coconuts Bangkok, people from the Surin Province in Thailand were wowed when an…
· Khier Casino
Malaysian Student Who Spent Accidental $3.4 Million Bank Deposit on Luxury Handbags Pleads Not Guilty
Christine Jiaxin Lee, who splurged on luxury items after Australian bank Westpac accidentally transferred AUD $4.6 million ($3.4 million) into her account, has pleaded not guilty. Lee, 21, a Malaysian chemical engineering student who has been living in Australia for five years…
· Editorial Staff
150 Million People in Southeast Asia Shop on Facebook and Instagram
Southeast Asia is a burgeoning market for social commerce with about 30 percent of online sales in the region happening through social media in 2016. New data from consulting firm Bain & Co. published in the Wall Street Journal, social media websites, such as Facebook and…
· Ryan General
Australian Woman Makes $1 Million in One Day Selling Soap in China
An Australian woman was among the many retailers who made bank during the Chinese shopping bonanza that is Singles’ Day. In just 24 hours, Melbourne-native Danielle Di Pilla made a whopping $1 million on Singles’ Day by selling 350,000 units of her “Goat Soap” to eager Chinese…
· King Malleta
Shortage of Women in Vietnam Means 4 Million Vietnamese Men Will Never Have a Wife
If Vietnam’s current imbalanced sex ratio continues, around 4 million Vietnamese men will have no chance to get married by the year 2050, according to Asian News Network (via AsiaOne). The Hanoi Population and Family Planning Department stated that their city’s male to female…
Grab
Grab is the everyday super-app of Southeast Asia — rides, food, and payments in one wallet across eight countries, the way hundreds of millions actually move and eat.
GrabNASDAQ:GRAB
Grab is the everyday super-app of Southeast Asia — rides, food, and payments in one wallet across eight countries, the way hundreds of millions actually move and eat.
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