Asia

Prisma shifts focus to b2b with an API for AI-powered mobile effects

The startup behind the Prisma style transfer app is shifting focus onto the b2b space, building tools for developers that draw on its expertise using neural networks and deep learning technology to po

Alibaba leads $1.1B investment in Indonesia-based e-commerce firm Tokopedia

Alibaba has continued its push into Southeast Asia after it led a $1.1 billion investment in Tokopedia, an e-commerce firm based in Indonesia. A valuation for the deal was not announced, but the compa

Alibaba’s profit doubles to $2.1B after another huge quarter of business

Alibaba had another blockbuster quarter of business as its profits almost doubled. The Chinese e-commerce giant reported net profit of 14 billion RMB ($2.1 billion) for its recent quarter that finish

Google is testing a data-friendly version of its Search app

Google might soon release a data-friendly version of its search app for mobile. That’s because the company is currently piloting such an app in Indonesia, as the eagle-eyed team at Android Polic

Alibaba, Tencent, Didi and other tech firms pour $12B into mobile operator China Unicom

China is about to take net neutrality to the next level after a group of influential tech companies that includes Baidu, Alibaba, Tencent, Didi Chuxing and JD.com agreed to invest nearly $12 billion i

Uber’s new head of Asia is a former Goldman exec who once climbed Mount Everest

Regular run-ins with government regulators and battles with well-funded local rivals have made Asia challenging terrain for Uber . The challenge is such that it’s fitting that the U.S. ride-shar

Messaging app Line adds livestreaming for group chats

In the latest update to its messaging app, Line has added a livestreaming feature, called Chat Live, which can be used in group or multi-person chats of up to 200 people.

Tencent posts record $2.7B profit as mobile game revenue tops PC for first time

Tencent, Asia’s highest valued technology company, posted a record quarterly profit of $2.7 billion (18.2 billion RMB) thanks to explosive growth from mobile games. The firm’s profit in Q2

Alipay partners with Yelp to continue its pursuit of Chinese tourist money

Ant Financial, the Alibaba affiliated valued at $60 billion, is continuing to follow Chinese tourists and their wallets overseas after it inked a deal with Yelp in the U.S.. The partnership allows Al

Uber suspends its service in the Philippines following ban over unregistered drivers

Uber has suspended its services in Philippines after the national regulator banned it from operating for one month. The country’s Land Transportation Franchising and Regulatory Board (LTFRB) ord

Beijing’s public transport system gets an app for paying fares — but Apple isn’t invited

Apple continues to be locked out of China’s massive mobile payments space. The latest reminder came this week when Beijing’s transportation system opened up to smartphone payments… v

In India, an Uber for farm machinery aims to make a difference in rural areas

Uber has inspired countless businesses to adopt its asset-light and on-demand approach to their industries. The examples are countless. Food delivery, dry cleaning, jet planes, home services rental bi

Indian messaging app Hike acquires hardware startup Creo

India-based messaging app Hike is back on the acquisition trail after it picked up Creo, a hardware company that previously released smartphones, streaming devices and an operating system. The price o

FlySpaces, an Airbnb for office space in Southeast Asia, raises $2.1M

Now is a good time to be in the co-working industry in Southeast Asia, it seems. Barely days after WeWork announced plans to enter the region, which is home to over 600 million people, through the acq

Toyota, Intel and others form big data group for automotive tech

A collection of prominent names in the tech industry have teamed up with Toyota to work on developing big data systems to support self-driving cars and other future automotive advances. Denso, Ericsso

China’s top social networks face investigation for hosting porn and illicit content

China continues to crack down on online media after the government announced that it is investigating three of the country’s most influential social networks for hosting illicit content. The Off

PCCW Media raises $110M for its video and music streaming services in Asia

This week seems to be a good one for media streaming companies in Asia. Hot on the heels of Malaysia-based Iflix raising $133 million for its Netflix-like service for emerging markets, Hong Kong&#821

Indian startup Flux Auto wants to democratize self-driving tech for trucks

A young startup in India wants to makes autonomous driving technology more widely available for truck operators, especially those outside of the U.S., by lower the cost significantly. The concept of s

SoftBank’s Vision Fund backs Flipkart in record India tech investment

SoftBank missed out on getting a piece of Flipkart when its deal to acquire Snapdeal, the e-commerce firm which SoftBank backed in 2015, fell apart last month, but the Japanese tech giant has finally

Sony wants to digitize education records using the blockchain

Sony said today that it has finished developing a digital system for storing and managing educational records on the blockchain. The Japanese firm is now looking to commercialize the product, in partn
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