Tech in Asia

Zhang Chuan has been with Meituan for eight years and will transition to an advisory role on May 1.

More: What businesses need to do to improve their AI-powered chatbots and what Chinese AI startup Zhipu is up to.

AutonomyAI’s platform learns company standards and generates production-ready code.

The bill aims to protect consumers and support industry growth.

The breach affected an inactive system from eight years ago, exposing usernames, passkeys, and encrypted passwords.

The investment was led by Peak XV Partners, with participation from existing investors.

YouTube reports that 62% of Singaporean consumers have bought products discovered on the platform.

The Wild Ventures was co-founded by Bjorn Bergstrom, Arvid Lithander, Shannon Cullum, and Malin Renstrom.

The tariffs escalated trade tensions, raising concerns about economic fallout. 

Malaysia will also participate in the ASEAN Geoeconomic Task Force, which will hold its first meeting soon.

The investment aims to enhance the transformation and upgrading of merchants on its platform.

The project will develop an 80.2-megawatt data center, operating under long-term contracts until Dec. 31, 2050.

Gulf Development, led by Thai billionaire Sarath Ratanavadi, debuted with its stock opening at 49.75 baht (US$1.45).

The company's lending revenue fell 53% YoY to 73 crore rupees (US$8.5 million), raising investor concerns.

Other regional currencies like Malaysia's ringgit, South Korea's won, and the Thai baht also declined.

In The Checkout this week, we look at Southeast Asia's key logistics players and Cainiao’s moves in Vietnam.

The funding will help expand its product range and geographical reach.

Prime Minister Anthony Albanese criticized the tariffs as "totally unwarranted".`

Hong Kong saw 15 IPOs in Q1 2025, raising HK$17.7 billion (US$2.27 billion), its strongest start since 2021.

Other potential buyers include Amazon, which reportedly submitted a last-minute bid, and a consortium of Oracle, Blackstone.