Tech in Asia

Yangtze Memory Technologies Co, Ather Energy, Craif, and more raised funds this week.

Lingdu sells products in over 20 regions, including Europe and the Middle East.

This marks a shift from Apple’s usual preference for in-house AI development.

The DOJ has asked a federal court to order Google to divest its Chrome browser, stop paying to be the default search engine.

BYD sold 372,615 vehicles, with 79,086 sold overseas, setting a new record.

Despite these challenges, Apple posted a quarterly revenue of US$95.36 billion, slightly exceeding expectations.

Google envisions using digital IDs for applications like domestic flight passes in the US.

CEO Paolo Ardoino noted that the launch will depend on the timeline of US legislation.

Block's gross profit of US$1.38 billion fell short of expectations.

The DOJ plans to propose that Google divest parts of its ad tech business, including its ad exchange and publisher ad server.

TikTok must suspend data transfers to China unless it complies within six months.

Ara Partner's strategy focuses on repurposing existing industrial assets for low-carbon initiatives.

This continues a downward trend, following an 8% sales drop for the fiscal year ending September 2024.

CEO Brian Chesky announced that the bot has reduced the need for live human agents by 15%.

Ola registered 19,709 vehicles last month, capturing a 21.46% market share.

To attract customers, Taobao is offering subsidies, including discounts on items like Mixue milk tea.

Bolt now accounts for over 10% of Swiggy’s total orders and partners with over 45,000 restaurants.

Bezos is currently the world’s second-richest person with a net worth of US$212 billion.

Oyo may now target a listing in March 2026, aiming for a valuation over US$7 billion.

Rockstar Games announced the delay on its website, stating it wants to ensure the game meets quality expectations.