AirAsia, the budget airline for Southeast Asia that’s headquartered in Malaysia, isn’t commonly associated with startup investments, but today the company announced that it has bought a 50 percent share in trip planning service Touristly in a deal worth MYR 11.5 million, or $2.6 million. The deal…
Tag: TechCrunch
Facebook has snapped up musical selfie startup Eyegroove
One of the latest trends in the social media world is fan-made videos that include music, usually big hits that everyone is familiar with. These clips, which are typically short, funny, and enjoyable to make, number in the millions, and they are being created mostly by young people who see it as …
Snapchat raises $1.81 billion in new funding round
Messaging app Snapchat Inc has raised $1.81 billion in an equity offering, indicating strong investor interest in the company despite concerns that it is struggling to attract advertisers. Snapchat did not disclose its valuation in the latest round of funding in its filing on Thursday. However, t…