Tech in Asia

This week’s On the Rise spotlights Filipino ride-hailing pioneer Angkas and startups focused on green airline fuel.

The investment was led by Ellerston Capital's Ellerston Industrial Growth Fund and Fifth Estate Asset Management.

Bluesky has expanded to over 32 million users and commits to not training its own AI on user data.

More than half of the 200,000 merchants on Alibaba.com already use these tools weekly.

Giva plans to use the newly acquired capital for general corporate operations and to expand its retail presence.

Birchal holds an 80% share of the Australian crowdfunding market, having facilitated US$218 million in investments.

This funding has led to a valuation of US$1.4 billion.

Xpeng's stock hit its highest level since August 2022 before slightly declining.

ChargEV focuses on increasing chargers while ensuring efficient use and renewable energy integration.

Founded in 2019 by Mayank Yadav, Rusk Media aims to use the funds for business expansion and to meet working capital needs.

In 2024, Hinge Health reported US$390 million in revenue, up 33% from the previous year.

Founded in 2022, AvatarOS focuses on creating lifelike movements for digital avatars.

The funds will be allocated to product development, market expansion, and enhancements to platform capabilities.

The Nasdaq Composite fell to a six-month low, down over 4% last week.

Fines under the DMA can hit up to 10% of a company's global yearly revenue.

Nirvana will expand its technology and developing tools for trucking businesses dealing with rising operational costs.

Since reaching a peak of US$479.86 per share on Dec. 17, 2023, Tesla's stock has decreased by over 50%.

The redesign aims to simplify navigation and ensure consistency across Apple's operating systems.

Following the acquisition of fintech lender Axio, Amazon is exploring launching a standalone Amazon Pay app in India.

How our 2025 campaign unfolded, and some reflections after five years of IWD at Tech in Asia.