Tech in Asia

With over 81 million monthly active users, Zhihu is often compared to Quora, X, and LinkedIn.

Traditional sectors, like energy, are outpacing tech-driven industries, with energy growing 37%, IT 36%, and B2B 35%.

The Netherlands faces a 24% duty under the new tariffs, prompting the EU to consider retaliatory measures.

The Radical Fund aims for at least 30% of its climate tech portfolio to be women-led.

Despite growth in services, Block’s stock has dropped 32% year-to-date and is down 80% from its 2021 peak.

Big players like Microsoft, Oracle, SAP, and Accenture may face revenue pressure.

A final decision is expected by the end of April, though the amount and timing may still change.

Felix Pago operates through WhatsApp and processed over US$1 billion in transfers in 2024.

Plaid employs about 1,200 people and has no plans to go public in 2025, though it is working toward that goal.

Founded by Shay Levi, Unframe aims to simplify AI deployment for enterprises with a secure infrastructure.

However, total capital raised by bitcoin-native startups across all funding rounds through series B fell by 22% in 2024.

Runway offers software that generates videos from text prompts or images.

The US also raised concerns about Indonesia's local content requirements (TKDN), calling them non-tariff trade barriers.

White House's Karoline Leavitt warned that Russia still faces the risk of "additional strong sanctions" in the future.

China has focused on boosting domestic demand through increased consumer spending and targeted investments.

Hattmannsdorfer also emphasized the need for the EU to address digital taxation, regulation as part of its countermeasures.

Cambodia faces the highest tariffs at 49%, hurting its garment and footwear industries.

Despite his departure, US Vice President JD Vance said that Musk will remain a “friend and an adviser” to the White House.

Bitcoin fell 5% to US$81,849.63, while ether and solana dropped 7% and 13%, respectively.

In the wake of its failed Trans-cab deal, Grab may have realized how profitable a taxi operation could be.