Asia

The latest innovative tech coming out of Asia

  • Uber rival Grab introduces private bus service in Southeast Asia

    Uber rival Grab introduces private bus service in Southeast Asia

    ‘Tis the season for new ride-sharing services, it seems. A day after Uber launched multi-trip bookings in India, its rival in Southeast Asia — Grab — has introduced private buses. “Grab Coach” is initially available in Singapore where it is aimed at large groups that would otherwise require multiple cars. There are three types of coaches: 13 seaters, 23 seaters… Read More

  • Fintech is stimulating Chinese consumption and capital flow Crunch Network

    Fintech is stimulating Chinese consumption and capital flow

    Fintech is rapidly being adopted in China and is spurring consumption, both domestically in China and internationally. I interviewed the CEOs of three companies in China that are using fintech to boost purchases, ranging from daily necessities to international real estate transactions. Read More

  • Uber’s newest service in India lets customers book a car for multiple trips

    Uber’s newest service in India lets customers book a car for multiple trips

    Uber is introducing hire cars in a new pilot program in India. That’s hire cars staffed with a driver who handles multiple journeys, not hire cars that require customers to drive themselves. The company explained that the ‘Uber Hire’ service, which will be piloted in an initial eight cities, comes in response to requests from users who wanted to keep their Uber driver for… Read More

  • Oppo topped China’s smartphone market in 2016, as Apple recorded first annual decline

    Oppo topped China’s smartphone market in 2016, as Apple recorded first annual decline

    Oppo is not a name that is anything like as familiar as Apple, Xiaomi or Huawei worldwide, but there’s further proof that it is most definitely one to watch, according the findings of a new report. That’s because the little-known phone-maker scooped the top spot for smartphone sales in China last year, for the first time, fractionally beating out its sister company Vivo and… Read More

  • Sony’s profit drops 84% to $169M as film business takes $920M write-down

    Sony’s profit drops 84% to $169M as film business takes $920M write-down

    Sony’s PlayStation business was one of a few bright spots from its latest financial report, which was overshadowed by a near billion-dollar write-down for its film business. The Japanese tech giant posted a 19.6 billion JPY ($169 million) profit on revenue of 2,397.5 billion JPY ($20.7 billion) for Q3. Revenue was down seven percent year-on-year, but net profit sunk by 84 percent… Read More

  • Uber bows to government pressure and suspends its service in Taiwan

    Uber bows to government pressure and suspends its service in Taiwan

    Uber is suspending its service in Taiwan following an ongoing stand-off with the government. The ride-sharing firm confirmed in a blog post that its service will be “paused” from February 12. Uber isn’t saying when it will resume in the country, where it is present in four cities, but it hopes that the move will “reset the conversation” and help push through… Read More

  • Grab is investing $100M in startups to help it battle Uber in Southeast Asia

    Grab is investing $100M in startups to help it battle Uber in Southeast Asia

    Grab is upping its battle against Uber in Southeast Asia by announcing a flurry of new initiatives in Indonesia, the region’s largest economy and world’s fourth most populous country, which include setting aside $100 million to invest in startups. Today the Singapore-based company, which is valued at $3 billion and claims 33 million downloads, announced what it is dubbing… Read More

  • Google wins ‘right to be forgotten’ battle in Japan

    Google wins ‘right to be forgotten’ battle in Japan

    Google has won a long-standing battle in Japan that drew parallels with Europe’s “right to be forgotten” ruling. The Japanese Supreme Court today dismissed a case against the U.S. company seeking the removal of allegedly defamatory results from its search engine, including one case of a man who sought to remove details of his arrest on child prostitution charges… Read More

  • Korea’s AIM raises $1.6M for its mobile trading service

    Korea’s AIM raises $1.6M for its mobile trading service

    Seoul-based startup AIM has closed $1.6 million in seed funding to bring its artificial intelligence-powered app for financial investments to market in Korea, and potentially other parts of Asia. The fintech company has developed a system which works alongside existing investment institutions to allow users in Korea to make trades and investments via their smartphone. So rather than a… Read More

  • Nintendo reports $569M profit as Pokémon game sales get off to good start

    Nintendo reports $569M profit as Pokémon game sales get off to good start

    Nintendo only takes a fraction of the revenue from Pokémon Go, the smash hit game of 2016, but its popularity has certainly boosted its own Pokémon games as evidenced by the company’s latest financial report. Nintendo reported a 64.7 billion JPY ($569 million) profit on revenue of 174.3 billion JPY ($1.5 billion). That’s a return to the black following a $57.1 million loss… Read More

  • Not just Uber, now Grab is also hiring government insiders to grow its business

    Not just Uber, now Grab is also hiring government insiders to grow its business

    Southeast Asia’s Grab is taking a leaf out of the Uber playbook and bringing in a prominent insider to get ahead in its most important market. Uber popularized the approach of nabbing execs like ex-Obama advisor David Plouffe and various others, and that’s the thesis behind ride-sharing firm Grab’s latest hire: the former chief of Indonesia’s National… Read More