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Tech in Asia

Logo of telegram channel tianewsfeed — Tech in Asia T
Logo of telegram channel tianewsfeed — Tech in Asia
Channel address: @tianewsfeed
Categories: Business
Language: English
Subscribers: 1
Description from channel

Welcome to Tech in Asia’s channel! This is a platform for you to get updated on the latest tech news in Asia. If you’d like to reach out: News tips: [email protected] Partnership: [email protected] Feedback: @tiafeedbackbot

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The latest Messages

2021-04-06 08:49:38
Monk’s Hill Ventures joined career platform Glints’ $22.5m round — Glints claims it was able to double its annual revenue in 2020, with its Indonesia, Vietnam, and Singapore units turning operationally profitable.
Read more: https://techin.asia/39LHAOe

Report: ByteDance says India’s freeze of its bank accounts was illegal — The report also stated that ByteDance's employees have not been paid their March salaries due to the account freeze.
Read more: https://techin.asia/3wFQ6bw

Report: Byju’s buys offline tutoring center in nearly $1b deal — The deal will give Blackstone Group and Aakash's founders a minority stake in Byju's at a valuation of US$13 billion.
Read more: https://techin.asia/3mlh1EN
458 views05:49
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2021-03-30 13:33:05 Deep Dive: Behind Sea’s latest moves
Over the past few weeks, one company that has frequently been hitting the headlines is Singapore-headquartered Sea.

As the biggest Southeast Asian internet business, dwarfing startups and listed companies alike in valuation, every move that Sea makes has people across the tech industry perking up their ears.

On this episode of Deep Dive, Tech in Asia’s Putra Muskita, Simon Huang, and Nicole Jao dish on the latest updates from Sea.

Listen more: https://techin.asia/31vdj1K
519 views10:33
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2021-03-29 11:42:40
NTU scientists develop antibacterial gel bandage made from durian husk — The team behind the technology is currently looking for industry partners to take the product to market.
Read more: https://techin.asia/3dhwukW

SoftBank-backed investment app nets $90m in round led by Robinhood investor — Ajaib claims that the total amount makes it the largest series A round in Southeast Asia.
Read more: https://techin.asia/2PErJtK

TikTok names Sameer Singh as head of global business solutions for Southeast Asia — Singh will be responsible for leading sales and business marketing solutions across all TikTok for business products in the Southeast Asia.
Read more: hhttps://techin.asia/3deAL8H
674 views08:42
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2021-03-09 14:03:54
Gojek to launch new products, hire talent to grow its business in Singapore — The Indonesia-based company expanded to Singapore in November 2018 as part of its regional expansion, following Uber's exit from Southeast Asia.
Read more: https://techin.asia/30roXu4

Report: Gojek, Tokopedia sign sales agreement for merger deal — The merged entity could be valued between US$35 billion to US$40 billion.
Read more: http://techin.asia/3l5M3jd

PUBG developer joins $22.4m round of Indian esports startup Nodwin Gaming — In 2018, the firm was acquired by Nazara Technologies, which will continue to own a stake of over 50% in Nodwin Gaming following the investment.
Read more: https://techin.asia/3l5LVQL

Sources: US-listed Chinese EV firms eye combined $5b in Hong Kong IPO — Li Auto, Nio, and Xpeng will each reportedly sell at least 5% of enlarged share capital in the Hong Kong market and could raise a combined US$5 billion.
Read more: http://techin.asia/3eqqqc2
465 views11:03
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2021-03-08 14:01:17 How a Rocket Internet-backed coffee startup expanded amid the pandemic
As the pandemic swept through Southeast Asia early last year, Flash Coffee had to suspend operations at its Jakarta outlet – the company’s first physical shop – and hold off on its plan to expand in the region.

While this was happening, co-founder and CEO David Brunier was 10,781 kilometers away in Berlin, Germany.

On this episode of Startup Snapshot, Brunier talks about managing the dire situation from another continent, having to cut costs to keep the business alive, and how the coffee chain got back on track to conquer the Southeast Asian market.

Listen more: https://techin.asia/3rqkV0E
336 views11:01
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2021-03-08 12:41:52
Singaporean ride-hailing app Ryde plans local IPO in 2022 — With rivals such as Grab and Gojek eyeing IPOs this year, competition is set to get tougher with the market giants and their war chests.
Read more: http://techin.asia/3t2A74m

For International Women’s Day, make a choice — Here at Tech in Asia, we’re kicking off a full week of stories, showcasing some of Southeast Asia’s boldest, brightest, and most fearless women leaders.
Read more: http://techin.asia/3kVKbJQ

Xiaomi subsidiary to own nearly 50% of AMTD Capital after strategic investment — AMTD Capital will also be renamed to AM Capital moving forward.
Read more: http://techin.asia/3l2C9yY

Sources: JD.com’s fintech arm may withdraw its IPO in Shanghai — The unit felt it was appropriate to withdraw its listing due to recent changes in its name, business, and senior management team.
Read more: http://techin.asia/3bo9sJy
418 views09:41
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2021-03-05 12:21:05
Baidu wins approval for secondary listing in Hong Kong — The approval would allow the tech titan to launch its secondary listing as soon as this month.
Read more: http://techin.asia/38bTsIK

Sources: TikTok owner makes automotive bet with investment in QCraft — ByteDance is pouring money into QCraft as part of its latest investment round, which could net the car company least US$25 million.
Read more: http://techin.asia/3c5nr6c

Survey: ShopeePay usage continues to grow in Indonesia — It was used by 68% of the participants living across eight cities in Jabodetabek, Java non-Jabodetabek, and outside Java Island.
Read more: http://techin.asia/30cLElx

Australian Xero acquires workforce management platform Planday — The total potential consideration for the deal is US$220.4 million.
Read more: https://techin.asia/3rwyuvP
674 views09:21
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2021-03-02 11:47:42
Sources: Bukalapak mulls US IPO through merger with blank-check firm — The potential SPAC merger could value Bukalapak at about US$4 billion to US$5 billion.
Read more: http://techin.asia/3uNGqL9

SoftBank-backed ecommerce firm Coupang seeks to raise $3.6b in US listing — The company could be valued at over US$50 billion post the US IPO.
Read more: http://techin.asia/3dUyv8K

Carousell ties up with Supahands to enhance its search function — Under the agreement, Carousell will work with Supahands to develop its search and recommendation functions on the its classifieds platform.
Read more: http://techin.asia/3rb7di5

Sources: PropertyGuru mulls a US IPO through a SPAC merger — The firm could be valued at around US$1 billion after the deal.
Read more: http://techin.asia/37Xy75l
811 views08:47
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2021-03-01 12:11:43
Reddit’s founder, others pour $17.5m in final close of fund for Pakistani startups — Other unicorn founders as well as execs with experience in Facebook, Google, and other tech firms also invested in Indus Valley Capital's debut fund.
Read more: https://techin.asia/3pZV91X

ByteDance to add 13,000 employees through a hiring spree for edtech unit Dali — Once completed, the plan would more than double Dali's 10,000-strong team.
Read more: http://techin.asia/303GWGo

Sources: WeWork co-founder gains windfall as SoftBank settles lawsuit — Neumann will sell about US$480 million in stock to SoftBank as well as receive a separate payment for legal fees and a noncompete fee.
Read more: http://techin.asia/2O6cRn4

InMobi partners with Gojek to offer brand solutions to SEA clients — The service will be available across Indonesia, Singapore, Vietnam, and Thailand.
Read more: http://techin.asia/3uPKNW7
795 views09:11
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2021-02-25 14:01:30
This Chinese startup attains unicorn status in 100 days since inception — The latest pre-series A round of the Chinese graphics processing creator was led by Sequoia Capital China, GGV Capital, and Shenzhen Capital Group.
Read more: http://techin.asia/3sq4GAP

Grab to create 350 new jobs in Singapore this year — Grab will rope in employees from fields including artificial intelligence, cybersecurity, data science, software engineering, and product management and design.
Read more: https://techin.asia/3dOkk4W

Zash Media to buy Singaporean video-sharing app to take on TikTok — The deal is set to close concurrently with the completion of Zash’s merger with Vinco Ventures.
Read more: http://techin.asia/37LIAks

Car-sharing startup GetGo launches in Singapore with roll out of 400 cars — It targets to grow its fleet size to 1,000 cars and expand its footprint to over 600 locations in Singapore by the end of this year.
Read more: http://techin.asia/3sDSEUP
939 views11:01
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