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Swiggy shares rise 6.1% after launch of two new apps

Swiggy's app, 'Pyng,' serves as a marketplace for professionals like yoga instructors, nutritionists, and life coaches.

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Bukalapak’s shift to virtual goods: turning point or misstep?

Halting sales of physical products will “not have a material impact” on its revenue, the Indonesian ecommerce firm says.

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Meta faces allegations of using pirated books for AI

Authors, including Ta-Nehisi Coates and Sarah Silverman, claim Meta used the pirated AI dataset LibGen.

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MobiKwik reports Q2 loss, shares fall 6.84%

Revenue from payments business increased by 65%, while revenue from financial services fell by 25%.

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Southeast Asia’s top-funded tech companies in the last decade

As investors in Southeast Asia race to back the next industry leader, which tech firm will claim the region's funding crown?

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We’ve got new wins, we count ‘em 🏆

The Offset is Tech in Asia’s free newsletter that breaks down the biggest stories and trends in greentech.

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WeChat removed from US’ 2024 counterfeit sellers list

Tencent views WeChat removal as recognition of their efforts to improve intellectual property protection.

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Tesla’s carbon credit revenue at risk under Trump

Tesla has earned US$11 billion from selling emissions credits since 2012.

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Perplexity integrates Tripadvisor to improve hotel searches

Perplexity plans to add recommendations for restaurants and activities in the future.

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India’s Infinity Fincorp raises $35m for MSME loans

Infinity Fincorp operates 120 branches across eight states in India.

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TSMC ends ties with SG firm over Huawei chip: sources

Since 2020, Huawei has been banned by the US, restricting its access to global semiconductor foundries.

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Israeli ecommerce startup secures $25m series A

PDQ focuses on enhancing ecommerce checkout processes by addressing cart abandonment, which affects 70% of online shoppers.

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Amazon expands adtech to third-party retailers

This strategy aims to generate more revenue from ads seen outside Amazon’s marketplace.

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Musk’s attorney urges OpenAI auction: sources

This request follows OpenAI's move to form a public benefit corporation to support fundraising efforts.

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TSMC achieves $26.3b in Q4 revenue due to growing AI demand

This figure shows a 34.4% increase from the same period in the previous year.

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AI: tool or replacement?

The Philippines reckons with genAI’s impact on jobs, and an India-based medical supplies startup closes series A funding.

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Crypto platform Gemini expands in Europe with senior hires

Mark Jennings will serve as Gemini’s head of Europe, while Daniel Slutzkin will lead Gemini’s UK operations.

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Meta terminates DEI programs in response to US legal changes

Meta will also drop its "Diverse Slate Approach" and eliminate representation goals for women and ethnic minorities.

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TW’s Techman Robot aims to outpace collaborative robot growth

Techman is the second-largest supplier of AI-enabled cobots globally, following Denmark's Universal Robots.

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US Supreme Court hears arguments as TikTok ban deadline nears

As the January 19 deadline approaches, TikTok could face a ban in the US if no resolution is reached.

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