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Deploying “DeWi” technology, Really Wireless will offer hosts cash, plus free service for transmitting their broadband to nearby cellphones via rooftop radios.
A drought in global venture capital activity has not deterred startups across Asia from breaking new ground. This year’s Forbes Asia 100 to Watch list spotlights small companies and startups across the region that are targeting underserved markets or applying new technologies.
Messaging app startup IRL, which two years ago reached a valuation of US$1.2bn (billion) in a US$170mn (million) series C funding round led by SoftBank Vision Fund 2, is shutting down after admitting that 95% of its users are automated or from bots, says a report from Fortune.com
The messaging app startup hit a $1.2 billion valuation a few years ago.
IRL hit a $1.2 billion valuation a few years ago and boasted of its "unicorn status."