Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund – TechCrunch

Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in the business — the Chinese e-commerce giant led a $1.1 billion round last year, while SoftBank recently transitioned its shareholding…

Google CEO admits company must better address the spread of conspiracy theories on YouTube – TechCrunch

Google CEO Sundar Pichai admitted today that YouTube needs to do better in dealing with conspiracy content on its site that can lead to real world violence. During his testimony on Tuesday before the House Judiciary Committee, the exec was questioned on how YouTube handles extremist content which promote conspiracy theories like Pizzagate and, more recently,…

Terragon’s Asia acquisition, Twiga Foods’ $10M raise, SimbaPay’s China payment service – TechCrunch

More posts by this contributor Nigerian logistics startup Kobo360 raises $6M, expands in Africa SimbaPay launches Kenya to China payment service over WeChat Nigerian consumer data analytics firm Terragon Group  acquired Asian mobile marketing company Bizense in a cash and stock deal. The price of the acquisition was not disclosed. Based in Singapore, with operations in India and Indonesia,…