Tech in Asia

Walmart has faced scrutiny over its pricing pressures on Chinese suppliers amid trade tensions.

Net revenue slipped to US$255.3 million for the quarter.

The financial details of the acquisition have not been disclosed.

More: Checking in on India’s unicorns and looking at Agros’ fundraise.

Bessemer Venture Partners has invested in over 80 Indian startups, with some valued over US$1 billion.

Since its launch, Allo Health has treated more than 200,000 patients.

This marks a shift from OpenAI’s focus on structured fields like math and coding.

This trend marks a shift from last year's backlash against quantitative trading strategies.

This trend arises as AI startups show significant revenue generation while maintaining minimal employee counts.

Razorpay posted a US$4 million net income in FY24.

The investment raises concerns about Anthropic’s independence as regulators examine AI firms’ partnerships with tech giants.

In The Top Up this week, we analyze the plans for the standalone Amazon Pay app and the entry of fintech firms into Qatar.

Shares of Ola Electric fell, reaching a record low of US$0.58 on the Bombay Stock Exchange (BSE).

This initiative aligns with Uber’s global goal of achieving 100% emission-free rides by 2040.

Samsung Electronic allocated about 35 trillion won (US$24.1 billion) to R&D, which is a 23.5% increase from 2023.

Proposed regulations for fintech companies were suspended last year after facing public opposition.

The decision requires Uber to pay a termination fee of approximately US$250 million.

The Responses API is set to replace the current Assistants API, which will be discontinued in the second half of 2026.

Twilio leveraged all of Tech in Asia’s capabilities to get in touch with clients online, offline, and across markets.

This move aims to enhance Europe's capabilities in AI through large-scale public data centers.