China Literature makes stellar public debut following $1B Hong Kong IPO

China Literature, the e-publishing business backed by Tencent, enjoyed an impressive debut as public company with its share price rising as high double during its first day on the Hong Kong Stock Exc

India’s Uber rival Ola to license connected car platform to vehicle makers worldwide

Ride-sharing companies the world over are branching out to go beyond just handling your car trips. In recent weeks we’ve seen Uber, the pioneer of the genre, announced its own Visa card while 

Amazon launches its Echo devices and Alexa in Japan

Amazon has continued its hardware push into Asia after it launched the Echo, Echo Plus, and Echo Dot in Japan today. Alongside the hardware, it is also making its Alexa voice assistant available in th

MyMusicTaste, which allows fans to request live events, gets $11M Series C

MyMusicTaste, a Seoul-headquartered service that lets fans campaign to bring their favorite artists to their city, plans to double the concerts it organizes next year after raising an $11 million Seri

Tencent’s online publishing arm set to raise $1B in Hong Kong IPO

Tencent’s China Literature, an Amazon-like e-book business, is continuing the trend of Asian tech IPOs after it announced its public listing in Hong Kong will raise $1.06 billion on Wednesday. T

Amazon launches Alexa-less Fire TV Stick for international users of its Prime video service

We’re approaching one year since Amazon expanded its Prime video service to over 200 countries internationally, and today the company is doubling down on that global audience with the introducti

ShopBack raises $25M for its cash back shopping service in Southeast Asia

One of Southeast Asia’s lesser-known startups has come out from under the radar today after ShopBack, a cash back-focused e-commerce service, announced it has raised $25 million. Founded in 2014

Kaodim raises $7M for its home services platform in Southeast Asia

There’s more funding for Southeast Asia’s growing local services space after Kaodim, a Malaysia-based startup that operates in four countries in the region, raised $7 million. Founded thre

Uber rival Grab crosses 1 billion rides in Southeast Asia

Grab, Uber’s fierce rival in Southeast Asia, announced today that its service has crossed one billion completed rides. The firm hit the milestone on October 26 when 66 concurrent trips from acro

Apple’s revenues in China are growing again

Apple’s blockbuster Q4 pushed the company’s valuation to $900 billion, but it also saw the firm return to growth in key market China following a challenging past couple of years. Analysts

Paytm brings messaging features to India’s top digital wallet app

Paytm, India’s top digital wallet and payment service, has introduced a chat feature to amp up its appeal among an increasingly competitive market. The new ‘Inbox’ feature, which was

Open source database startup MariaDB confirms $27M investment led by Alibaba

Open source database startup MariaDB has announced a new $27 million round of funding led by Alibaba, confirming the news that TechCrunch reported in September. As we wrote then, Alibaba contributed t

Elon Musk says Tesla’s China factory could begin production in roughly three years

Tesla last week officially confirmed its plans to set up a manufacturing facility in China, and now we know a bit more about what it's planning to do in terms of production. At the time, Tesla wouldn'

Sony reboots Aibo with AI and extra kawaii

The rumors had it right: Sony is rebooting its robot dog, Aibo, announcing a new four-legged companion AI-powered bot incoming with the same brand name but more rounded corners and visible facial fea

Grab, the Uber rival in Southeast Asia, is now officially also a digital payments company

Grab is best known for rivaling Uber in Southeast Asia, but today the company took a major step into becoming a fintech player, too. That’s because the ride-sharing firm, which recently raised $

China’s leads $19M investment in Southeast Asian online fashion brand Pomelo

This year has seen unprecedented interest in Southeast Asia’s startups from Chinese tech firms, and today we can add another deal to the pile., the close rival to Alibaba, has led a $19 m

Gaming accessories firm Razer to raise up to $550M in Hong Kong IPO

Razer, the U.S.-Singapore firm that produces PCs and peripherals for gamers, is set to raise as much as $550 million from its Hong Kong IPO after it revealed its price range. The company first filed t

Samsung posts another record profit thanks to its chips business

Samsung posted another record quarter, and it again has its components business to thank for more stellar results. The Korea tech giant shrugged off scandals, which include a jail sentence for its de

Nintendo says Switch will beat Wii U total sales within its first year

The Switch is beginning to pay off for Nintendo . The new console is selling so well that the Japanese firm said today it is likely to outsell the Wii U, its predecessor, within one year of its releas

iPhone 8 launch propels Apple to growth in China after 18 months of sales dips

Apple is finally back to growth in China. The company has broken a run of sales decreases that stretches back six quarters thanks to promising early signs for the newly released iPhone 8, according t
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