Tech in Asia

Since 2020, TSMC has raised 121.9 billion New Taiwan Dollars (US$3.69 billion) in green bonds.

More: Shein, Temu, and the logistics challenge in the US and a fashion quick commerce startup that’s raised fresh funds.

Huawei plans to release a Hongmeng-powered computer in May, expanding its product ecosystem.

Huawei's revenue for 2024 reached 860 billion yuan, reflecting a 22% year-on-year increase.

ClearGrid's AI-powered platform addresses inefficiencies in the US$500 billion consumer lending market.

The Abu Dhabi office is anticipated to be its largest international branch, with senior management relocating to the city.

Enya's products are organic, chemical-free, and biodegradable, promoting sustainability in period care.

Bank Saqu aims to serve underbanked populations, with solopreneurs making up 40% of its clients.

Founded in 2020, Unearth focuses on reselling second-hand furniture to promote sustainability and reduce waste.

Late-stage funding surged to US$700 million, a 110.21% increase from Q4 2024 and 140.55% from Q1 2024.

As of Mar. 19, foreign ownership in TSMC dropped to 72.7%, the lowest since late 2023.

The fundraising exceeded the company’s initial target of 80 crore rupees (US$9.2 million).

The DC office, established five years ago, aimed to help portfolio companies navigate regulatory issues.

OpenAI claims o1-pro offers better responses by using more computational power and has been available to ChatGPT Pro users.

In its IPO filing earlier this month, CoreWeave reported a significant revenue increase to US$1.92 billion in 2024.

The city-state’s economy and tourism have recovered. But as rental and fuel costs rise, drivers find their earnings stalled.

In The Checkout this week, we look at the rise of quick food delivery in India and the possible outcome of a Grab-GoTo deal.

An audit found 170 accessibility errors in Rapido’s app, with 81 classified as major failures under the WCAG Level A.

His remarks clarify Nvidia’s position amid rumors of its potential involvement in an Intel acquisition.

The funding is intended to support product development and expand Asper.AI's global enterprise customer base.