Investment | Startup Thailand

Investment

  • Lance Armstrong just wrote his first check as VC

    Lance Armstrong  revealed last month that an early investment in Uber — courtesy of a $100,000 check that he funneled into the company in 2009 through Lowercase Capital — “saved” his family from financial ruin. This was after evidence surfaced in 2012 that he used performance-enhancing drugs and he was stripped not only of his seven consecutive Tour de France titles but also lost the many lucrative endorsement deals he enjoyed at the time.

  • Ford’s iconic F-Series trucks are going electric

    Ford’s legendary and popular F-Series pickup line will soon have electric options, the company announced today. The move is intended to “future-proof” the enormous truck business against rising gas prices and regulations favoring electric vehicles over internal combustion.

  • Thailand’s internet economy ranked no.2 in SEA

    E-commerce and online media push Thailand’s internet economy to rank the second largest in Southeast Asia, worth US$12 billion (394 billion baht) in 2018, just behind Indonesia.

  • KBank makes a $50 million strategic investment in Grab

    KASIKORNBANK (KBank) announces a strategic investment of $50 million in Grab, Southeast Asia’s leading online-to-offline (O2O) platform, as part of Grab’s ongoing fundraising round. The strategic partnership aims to transform the Grab experience for Grab’s users, driver-partners, merchants and agents, by leveraging KBank’s expertise in digital banking.

  • Microsoft is investing in Grab

    Microsoft will inject an undisclosed amount in ride-hailer Grab as part of a strategic partnership, the firms said in a joint statement today.