Asia

The latest innovative tech coming out of Asia

  • China doubles down on real-name registration laws, forbidding anonymous online posts

    China doubles down on real-name registration laws, forbidding anonymous online posts

    China’s crackdown on Internet freedom is getting even more intense. Last Friday, the country’s top Internet censor announced a new set of regulations (link via Google Translate) meant to eliminate posts by anonymous users on Internet forums and other platforms. The Cyberspace Administration of China will start enforcing those rules on Oct. 1. Read More

  • Indonesian Uber rival Go-Jek closes in on new $1.2 billion round

    Indonesian Uber rival Go-Jek closes in on new $1.2 billion round

    Go-Jek, the on-demand transportation company that rivals Uber and Grab in Indonesia, is getting close to pulling in its next huge funding round. That’s because JD.com, the China-based e-commerce firm that rivals Alibaba, has agreed to join Go-Jek’s upcoming $1.2 billion round, a source with knowledge of discussions told TechCrunch. The news was first reported by The… Read More

  • Samsung heir handed 5-year jail sentence for bribery

    Samsung heir handed 5-year jail sentence for bribery

    Samsung vice chairman and the company’s heir apparent Jay Y. Lee is headed to jail after a court in Korea ruled that he is guilty of bribery, embezzlement, capital flight and perjury charges. Lee, who has been earmarked as the future leader of the company, was handed a five-year jail sentence, although he is expected to appeal the decision. He took a board seat at Samsung last year in… Read More

  • Grab is investing $100M to shut Uber out of fast-growing Myanmar

    Grab is investing $100M to shut Uber out of fast-growing Myanmar

    Grab is going all out to win the nascent ride-hailing market in Myanmar after it committed to investing $100 million into the Southeast Asian country over the next three years. Myanmar might just be the world’s most fascinating internet market. Internet access had been heavily restricted when the country was fully controlled by the military, but it opened up following the free elections… Read More

  • SoftBank pours $4.4B into WeWork

    SoftBank pours $4.4B into WeWork

    WeWork just announced that it’s receiving a massive $4.4 billion investment from SoftBank Group and SoftBank Vision Fund. It’s been less than a month since WeWork announced $500 million in funding for a standalone WeWork China business, which SoftBank participated in. It’s also launching in Japan through a joint venture with SoftBank — so this funding deepens an… Read More

  • Baidu sells food delivery business to its rival Ele.me

    Baidu sells food delivery business to its rival Ele.me

    The online food ordering-and-delivery market, once very hot, appears to be cooling down a little in China. Today Baidu, the country’s search giant, announced an exit from the business: Baidu has confirmed that it has sold its Xiaodu food delivery subsidiary (which operates under the Waimai brand) to Rajax, which operates Ele.me, China’s leading food delivery business that is valued… Read More

  • Business messaging service Eko picks up $2M to fuel push into Japan, US and UK

    Business messaging service Eko picks up $2M to fuel push into Japan, US and UK

    Eko Communications, a U.S.-Thailand company that operates a messaging app targeted at businesses, has closed a strategic investment of $2 million to grow in Japan and expand into Europe and the U.S.. The funding was led by Japanese corporate Itochu, which provided $1 million and will partner to help expand sales. Existing backers of the company, which include Gobi Ventures, also took… Read More

  • Google expands its public Wi-Fi program for emerging markets to Indonesia

    Google expands its public Wi-Fi program for emerging markets to Indonesia

    Google is launching its public Wi-Fi program, which offers free connectivity at railway stations and other locations such as universities, in Indonesia, the company announced today. The Indonesia launch is the first expansion of ‘Google Station’ — as the program is called — since it debuted in India some 18 months ago. The project is quite simple, it offers a free way… Read More

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