Tech in Asia

Pat Gelsinger, the former CEO of Intel, has joined Playground Global as a general partner.

The European Automobile Manufacturers' Association reported a 40% YoY drop in Tesla’s new vehicle registrations for February.

Jumbotail, established in 2015, specializes in providing ecommerce solutions for small retailers, including store digitization.

The IPO filing lists CEO Eric Baker as the sole founder, excluding any mention of co-founder Jeff Fluhr.

Valeo Health, founded by Sundeep Sahni, Nadine Karadag, and Ankur Majumder, focuses on AI-driven healthcare.

The figure exceeded analyst estimates of a 4 billion yuan (US$550 million) loss.

Vahdam India sources tea from partner farmers and processes it at its own facility since 2015.

The MoU aims to address EV adoption barriers and promote sustainability among Grab's driver-partners.

Lumi AI provides generative AI tools to help retail businesses digitize their supply chains.

Elon Musk's X is projected to experience its first annual growth in advertising revenue since Musk acquired the company in 2022.

The partnership integrates Mochi’s billing and collections automation with PayMongo’s payment platform.

Despite WiseTech’s governance issues, it continues to attract investment bank analysts, with 14 buy recommendations.

During his visit, Cook highlighted the importance of Zhejiang University in the technology sector.

PsiQuantum is developing a photonics-based quantum computer and plans to build a facility in Brisbane.

The new micromobility-focused startup, Also, aims to produce smaller and more affordable EVs using Rivian's technology.

Bank Leumi's efficiency ratio is below 30%, significantly better than the Israeli average of 45%.

ATLAS streamlines information retrieval with a chat-based interface.

The trial will enable SpaceX to provide both fixed and mobile internet services across Vietnam.

Cybersecurity remains a key strength, with Israel accounting for over 40% of US private cybersecurity funding in 2024.

Global IT Factory holds a 22% market share in Australia and New Zealand,.