Indonesia’s Travelio raises $18M to help tenants rent apartments

More than 50% of residential apartments and other real estate properties in Jakarta are currently vacant, according to official estimates. A startup that is attempting to make it easier for tenants to rent these properties in Jakarta and other places in Indonesia said on Thursday that it has closed a new financing round. Travelio has raised $18 million in its Series B financing round led by Singapore-based Pavilion Capital and Gobi Partners, the four-year-old startup said. Some existing investors also participated in the round. The startup works with individual apartment owners and property dealers to allow tenants to find and rent apartments. People can book an apartment for a day… Read More

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Indonesia’s Travelio raises $18M to help tenants rent apartments

More than 50% of residential apartments and other real estate properties in Jakarta are currently vacant, according to official estimates. A startup that is attempting to make it easier for tenants to rent these properties in Jakarta and other places in Indonesia said on Thursday that it has closed a new financing round. Travelio has raised $18 million in its Series B financing round led by Singapore-based Pavilion Capital and Gobi Partners, the four-year-old startup said. Some existing investors also participated in the round. The startup works with individual apartment owners and property dealers to allow tenants to find and rent apartments. People can book an apartment for a day… Read More

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Popular meal-kit subscription service Plated is set to close by the end of November

Albertsons Companies announced that the popular meal-kit subscription service Plated is set to phase out by the end of November, shifting the brand to become one of the grocery retailer’s private label products. The end of the subscription service was meant to make way for “a sharper focus on how the brand can help deliver a differentiated in-store experience,” Albertsons said in a statement. The past year proved to be difficult for the meal-kit subscription service after Albertsons diminished the availability of meal kits and laid off 10 percent of Plated’s corporate staff. Visit Business Insider’s homepage for more stories. Albertsons Companies announced this week that the popular meal-kit subscription… Read More

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Olympus rumored to shutter its camera business – here’s why we think it won’t

We ignored it at first, but the rumors about Olympus closing down its imaging division (aka ‘the camera side of things’) within the next eight months are picking up momentum – even though there are few actual facts (let alone any kind of official statement) to back them up. It began over the weekend when an admin of the website Personal View published a speculative article claiming Olympus’ imaging division was in turmoil and that employees were scrambling to find other jobs. This was picked up by other rumor and news sites and has since spread like wildfire across the internet. At a time when most other camera manufacturers are… Read More

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Facebook fixed that bug that opened your camera without permission

It was just yesterday we reported on a disconcerting bug in Facebook’s iOS app that would sometimes open your camera in the background while scrolling through your feed. It appears Facebook has fixed the bug; The Verge reports the updated version of the App is now available in the App Store. As a recap, users found out Facebook was opening the camera in the background due to a bug that shows the camera feed in a tiny sliver on the left side of your screen when you open a photo in the app and swipe down. We were able to replicate… This story continues at The Next Web Or just… Read More

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