Asia

Netflix to test free weekend-long access in India

Netflix plans to give users in India access to its service at no charge for a weekend as part of a test to expand its reach in the country, a top company executive said Tuesday. The American streaming

As startups accelerate in record Q3, Europe and Asia rack up huge VC results

Venture capital activity in Europe and Asia saw a strong return to form in Q3, data indicates. The two continents enjoyed more venture capital investment into their local startups than in some time, u

Tiliter bags $7.5M for its ‘plug and play’ cashierless checkout tech

Tiliter, an Australian startup that’s using computer vision to power cashierless checkout tech that replaces the need for barcodes on products, has closed a $7.5 million Series A round of fundin

ShopUp raises $22.5 million to digitize millions of mom-and-pop shops in Bangladesh

A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round. Dhaka-headquartered ShopUp said on Tuesday it has raise

SAIF Partners rebrands as Elevation Capital, secures $400 million for its new India fund

SAIF Partners has raised $400 million for a new fund and rebranded the 18-year-old influential venture capital firm as it looks to back more early-stage startups in the world’s second largest intern

Pakistan lifts ban on TikTok

Pakistan Telecommunication Authority said on Monday it has lifted the ban on TikTok, 11 days after the South Asian nation’s telecom authority blocked the popular short video app in the country over

OnePlus co-founder Carl Pei confirms he has left the company

OnePlus co-founder Carl Pei has left the company, he confirmed on Friday. Pei, 31, said he plans to take some time off before pursuing his next step. “After nearly 7 years at OnePlus, I’ve

Miniso, the Japanese-looking variety store from China, sees shares jump in US IPO

Investors are jumping aboard a value store chain that is bringing Japanese-inspired lifestyle goods to consumers around the world. The company, Miniso, raised $608 million from an initial public offer

Uber is hiring hundreds of engineers in India to cut costs

Uber said on Thursday it is working to hire 225 engineers in India, strengthening its tech team in the key overseas market months after it eliminated thousands of jobs globally. The ride-hailing firm,

WarnerMedia to discontinue HBO and WB TV channels in India, and select other South Asia markets

WarnerMedia will discontinue HBO and WB TV channels in India, Pakistan, Maldives and Bangladesh later this year as the entertainment conglomerate struggles to find a sustainable business model in Sout

Huawei plans to divest budget phone unit Honor: reports

Besieged by U.S. tech sanctions, Huawei may be looking to shake up its smartphone business that has taken a hit after losing core semiconductor parts and software services. The Chinese giant is in tal

South Korea pushes for AI semiconductors as global demand grows

The South Korean government has made no secret of its ambition to be a key player in the global artificial intelligence industry, including making the semiconductors powering AI functionalities. This

OnePlus co-founder Carl Pei leaves the company to start a new venture

Carl Pei, who co-founded the smartphone giant OnePlus in his 20s, has left the company, two sources familiar with the matter told TechCrunch. Pei played an instrumental role in designing the OnePlus s

China’s digital yuan tests leap forward in Shenzhen

Shenzhen, known for its maker community and manufacturing resources, is taking the lead in trialing China’s digital yuan. Last week, the city issued 10 million yuan worth of digital currency to

Thailand’s logistics startup Flash Express raises $200 million

Flash Express, a two-year-old logistics startup that works with e-commerce firms in Thailand, said on Monday it has raised $200 million in a new financing round as it looks to double down on a rapidly

India’s Razorpay becomes unicorn after new $100 million funding round

Bangalore-headquartered Razorpay, one of a handful of Indian fintech startups that has demonstrated accelerated growth in recent years, has joined the coveted unicorn club after raising $100 million i

Chinese browser Tuber offers a glimpse beyond the Great Firewall — with caveats

China now has a tool that lets users access YouTube, Facebook, Twitter, Instagram, Google and other internet services that have otherwise long been banned in the country — selectively. Called Tu

Pakistan bans TikTok over ‘immoral and indecent’ videos

Pakistan has banned popular short video app TikTok, citing circulation of videos that it deemed “immoral and indecent.” The move comes months after the South Asian country raised serious concerns

High-profile startup execs back Indian influencers platform CreatorOS

The advent of low-cost Android smartphones and the world’s cheapest mobile data has paved the way for millions of social media influencers in India to amass a following of tens of millions of us

Hong Kong logistics unicorn Lalamove unveils foray into the US

Lalamove, an on-demand logistics service active in China, Southeast Asia and Latin America, has officially entered the U.S. seven years after launch. As the COVID-19 pandemic keeps millions of Americ
Load More