Tech in Asia

Quark has gained notable traction since March, becoming the most popular AI app in China.

Cumulative exports for the first four months of 2025 reached US$178.23 billion, up 20.6% from the previous year.

The US-China trade war has caused economic uncertainty, hurting business confidence and raising fears of a downturn.

The Swiggy's food delivery segment added 2.2 million monthly transacting users (MTUs) over the year.

Swissquote's market capitalization has reached 6.9 billion Swiss francs (US$8.3 billion).

Alphabet's global market share in search has dropped to 89.7% from 92.9% since ChatGPT launched.

Bitcoin also rose 1.7% to US$104,336, following a trade agreement between the US and the UK.

Pinterest noted a drop in ad spending from Asian ecommerce retailers like Temu and Shein due to changes in trade exemptions.

The non-performing financing (NPF) rate for paylater services improved to 3.48% in March from 3.68% in February.

The project, led by Japanese battery maker AESC, will produce batteries for up to 100,000 EVs annually.

World has faced scrutiny for offering 800,000 rupiah (US$48.34) to users who scan their retinas.

Panasonic's restructuring will incur a charge of 130 billion yen (US$895 million) as the company streamlines operations.

Reports suggest Grab is preparing documentation and financing for the acquisition and targeted for completion by Q2 2025.

Genshin Impact has brought in US$6.2 billion in mobile revenue since 2020, based on data from Sensor Tower.

This marks Apollo Go’s entry into a right-hand drive, left-hand traffic market, different from its mainland China operations.

Wu Yongming emphasized Alibaba's core values of creation over preservation in a recent internal forum.

The SGDLA program aims to nurture tech leaders in Singapore.

As SEA’s tech giants push deeper into lending, concerns grow. Meanwhile, we dig into VNG’s financial pulse—and what it reveals.

The startup has received early-stage funding from investors, including Earlybird, Village Global, AENU, and Planet A.

The bill, which was supported by only 49 senators, needed 60 votes to move forward.