Amazon said to ask Chinese sellers not to price lower than Temu
Those sellers whose products were found to be less expensive on Temu allegedly lost eligibility for Amazon's program.
View ArticleIsraeli maritime analytics firm Windward acquired for $270m
This acquisition will result in Windward being delisted from the stock exchange, nearly doubling its IPO valuation.
View ArticleHot or not: What SEA investors are betting on and what they’re ignoring
VC funding can be a leading indicator of where in the tech industry we’re going to see more spending and jobs.
View ArticleSingapore ride-hailing services raise fares due to labor law
Grab, Gojek, ComfortDelGro Zig, and Tada will raise their platform fees by up to S$0.5 (around US$0.37) starting January 1.
View ArticleFounders Fund said to raise $3b for third growth equity fund
In 2022, Founders Fund raised US$3.4 billion for its second growth equity fund.
View ArticleGoogle tests Gemini AI against Anthropic’s Claude
Claude exhibits stricter safety protocols, while Gemini has been flagged for safety violations.
View ArticleSeries SEA: Who’s investing in the region’s health startups?
We've compiled a list of investors that are pouring money into Southeast Asia’s health startups.
View ArticleThese are the most active investors in Korea’s startups
Which investors are writing the most checks to Korea-based startups?
View ArticleIndia’s supply chain solutions provider to net over $62m
The funding round will be led by private equity firm KKR through its Vertical Holding entity.
View ArticleApple requests to join Google antitrust trial
Apple is concerned over its reliance on Google to protect its billions of dollars in revenue-sharing agreements.
View ArticleTaiwan blocks Uber Eats from acquiring Foodpanda
The Fair Trade Commission concluded that the anticompetitive risks outweighed any potential benefits.
View ArticleMobiKwik shares surge 18.87% despite market decline
MobiKwik's IPO raised around US$69 million through a fresh issue of shares.
View ArticleXiaomi partners with Nio, Xpeng, Li Auto for EV charging
The Xiaomi Charging Map integrates over 29,000 total EV charging points across multiple platforms.
View ArticleTencent’s Tenpay, Ria boost global remittances via WeChat
The collaboration also expands Ria’s reach through WeChat’s network of 3.1 billion e-wallet accounts.
View ArticleIndian fintech startup Mintifi sees 273% profit growth
Mintifi reports a profit growth in FY 2023-24, driven by higher revenue and a successful US$180 million Series E raise.
View ArticleShould Indonesian startups brace for a stormy 2025?
Funding levels are set to dip further in 2025, fueled by mounting troubles at once high-flying startups.
View ArticleAI, crypto fuel record stock market boom in 2024
Nvidia's market value surging by US$2.2 trillion due to high demand for its AI-focused GPUs and the Blackwellchip.
View ArticleHuawei uses South Korean chips amid export controls
Previously, Huawei relied on Chinese-made memory chips.
View ArticleBreaking down Southeast Asia’s data center power struggle
Malaysia leads the charge against Singapore’s dominance, with Thailand emerging as a strong contender.
View ArticleHong Kong’s stablecoins bill targets digital finance growth
The bill's advancement represents a crucial step in the evolution of digital finance in Hong Kong.
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