Tech in Asia

The VC firm invests in AI solutions across various sectors, including healthcare, financial services, and energy.

TikTok finalized the acquisition for US$840 million in January 2024.

Shein aims to file a draft prospectus with the Hong Kong exchange in the coming weeks.

Vena Group's new subsidiary, Vena Nexus, is negotiating with ten tech firms for renewable energy data centers.

ASIC claims Guo mishandled customer funds and failed to keep proper records while at Blockchain Global.

Recent comments by Donald Trump indicate that there are no plans to reshore low-margin industries like textile manufacturing.

Thailand’s scrambling to stay in the EV race with new tax perks aimed at Chinese and Japanese automakers. Over in India, Glance AI wants to be your personal stylist.

The platform aims to solve problems in replicating real-life interactions in virtual environments.

The AI chiplets, aimed at real-time robot decision-making, are planned for commercialization in 2027.

South Korea aims to strengthen its AI ecosystem and lead in industrial AI globally.

Which investors are writing the most checks to Southeast Asian startups?

The ITC recently ruled that solar imports from Cambodia, Malaysia, Thailand, and Vietnam are harming US producers.

PayLater is among the first licensed providers of Buy Now, Pay Later solutions in Qatar.

Ola Electric's market share has plummeted from over 50% to 20% in just 13 months.

Practo has over 31,000 doctors and 3,000 healthcare facilities listed in the UAE for user access.

The rise was driven by a sharp increase in expectations for the next six months, marking the largest rise since 2011.

The country surpassed the UK to take the fifth spot a few years ago and is set to overtake Japan for the fourth position.

Founded in November 2024, BirdEye aims to support SMEs in Saudi Arabia's retail sector with digital tools.

Unused vehicles sold as pre-owned are priced over 30% lower than new cars, impacting profitability.

This marks the first time an MUIP portfolio company is being acquired by a member of the MUFG Group.