Today's top tech news, February 21: Skelter Labs raises US$9M

Plus, Japan's new bitcoin exchange woes, Google Pay in Singapore, and Venezuela's national cryptocurrency 

Innovation is all about providing better user experience: Alibaba Cloud's Joey Tan

Going forward, Alibaba is looking to partner with more international sports bodies to bring in its various cloud and AI solutions to provide a better experience to the audience as well as athletes 

South Korea's Kakao Mobility acquires carpool startup Luxi for US$23.4M

Last year, Luxi raised US$470,000 in investment from Hyundai Motors 

BCA Korea Secures $4.2M in Investment

BCA Korea distributes foreign makeup brands in Korea and the money will help build out its platform 

Jack Ma has an advice for businesses and startups: "Compete with an Olympic spirit"

At the Olympic Winter Games PyeongChang 2018, Alibaba unveiled various solutions which aim to provide an interactive and immersive experience to fans, athletes, organising bodies 

Crypto update: Coin prices continue tumble, Singapore remains safe haven for trading

Also, South Korea blames the North for crypto hacking and China continues its regulatory crackdown 

US$595M worth of cyber crimes might explain South Korea crypto hesitancy

New South Korea crypto regulations go into effect this week that allow for exchanges, but remove the anonymity 

SuperCharger, Standard Chartered name 10 fintech startups for their 2018 accelerator programme

The SuperCharger accelerator programme brings in startups from Europe and Asia to its latest batch in Hong Kong 

Today's top tech news, January 22: Snow raises US$50 million from Sequoia and Softbank

Besides Snow, there are new rules to govern ride-hailing in Indonesia and a Grab-oBike partnership 

28-day fresh beauty delivered to your door

Toun28 company has raised a pre-Series A from Amorepacific Ventures