Asia: This Week’s Top Stories // November 8, 2015

Formation 8 Axes Plans For Third Fund, Lonsdale Now Raising $400M For “8 Partners” | 500 Startups Increases Its Southeast Asia Fund To $22 Million | Uber Expands Cash Payments To Indonesia As It Continues SE Asia Push |
ASIA
WEEK IN REVIEW
SUNDAY, NOVEMBER 8 2015 THIS WEEK'S TOP STORIES:
TOP HEADLINE | Ingrid Lunden

Formation 8 Axes Plans For Third Fund, Lonsdale Now Raising $400M For “8 Partners”

We’ve heard about consolidation in the word of startups; today comes some news about a thinning of the ranks among VCs. Formation 8 — the VC... Read More…
Jon Russell

500 Startups Increases Its Southeast Asia Fund To $22 Million

"Always be raising" is the motto of 500 Startups founder Dave McClure, and 500 Durians -- the U.S. firm's fund for Southeast Asia -- is taking that phrase very... Read More…
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Natasha Lomas

Uber Expands Cash Payments To Indonesia As It Continues SE Asia Push

Uber is expanding the option of cash payments to another market in South East Asia, testing cash payments in Bandung, Indonesia. It now accepts cash payments in... Read More…
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