Protectionist policies may backfire on Indonesian gamers
Indonesian game developers still struggle to gain a strong footing domestically, though this is not for a lack of trying.
View ArticleWelcome to the age of Wi-Fi 7
As IoT usage goes up and workers’ needs evolve, businesses are looking for better networking solutions.
View ArticleCharting Asia’s M&As: When do startups usually make an exit?
Tech in Asia’s data analyzes M&A deals in Asia - which stage most startups exited, how much was raised, and more.
View ArticleAmazon plans to unveil its AI model Olympus next week
Olympus is a large language model with capabilities for analyzing images and videos.
View ArticleZomato secures $1b in first fundraise since 2021
The company issued roughly 336.5 million shares at 252.62 rupees (US$2.99) each, as noted in Friday's stock exchange filing.
View ArticleToku poised for profitability
More: Toku’s runway to a profitable 2025 and an Indonesian air quality tech firm expands to the Middle East.
View ArticleIndonesian genAI firm Mimin raises $1.5m for SEA growth
Led by Skystar Capital, the funds will support the company's expansion in Southeast Asia.
View ArticleChinese ride-hailing company Didi reports $128m net income
For the quarter, revenue rose by 5%, totaling US$7.43 billion.
View ArticleJapan earmarks $9.9b for chips, AI
The funds include US$7.04 billion for research and development in next-generation chips and quantum computing.
View ArticleMeituan’s Q3 revenue up 22.4%
The platform has a 69% share of the Chinese food delivery market.
View ArticleMUFG to acquire Japan’s robo-advisor WealthNavi for $664m
Mitsubishi UFJ Financial Group already holds a stake exceeding 15% in WealthNavi before the planned acquisition.
View ArticleThese are Asia’s most active investors in AI
We've compiled a list of investors that are pouring money into Asia’s AI startups.
View ArticleTesla slashes Model Y vehicle prices in China
Buyers of the rear-wheel drive and long-range all-wheel drive versions can receive a US$1,380 discount on the final payment.
View ArticleSequoia said to fund startup in first APAC deal post-split
The firm is in advanced talks to invest in Bengaluru-based startup Vance, focusing on cross-border payments.
View ArticleAnalysts raise Sea price shares after market value increase
After a recent earnings report, analysts project profits to nearly triple this year.
View ArticleFinian Tan, investors misled in $1b nickel fraud case
Ng Yu Zhi is accused of cheating Tan into delivering US$19.2 million to his Envy Global Trading between 2020 and 2021.
View ArticleHK gaming firm Boyaa now leads Asia’s bitcoin reserves
Boyaa's bitcoin reserves now reach 3,183 BTC, currently valued at approximately US$310 million, based on CoinGecko data.
View ArticleIndia’s Nazara raises $101m via preferential issue
The gaming giant plans to use these funds for strategic acquisitions and business expansion.
View ArticleBitcoin nears $100k after 38% rise in November
Bitcoin reached an intraday high of US$97,081.81, just shy of its peak at US$98,722.
View ArticleRenault expands in China, hires engineers for affordable EVs
The company has hired about 200 hardware engineers in Shanghai.
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