Asia

Southeast Asia’s digital economy to triple to $240 billion by 2025 – TechCrunch

It might take a seat within the colour of China and India, however tech has actual expansion doable in Southeast Asia. Home to a cumulative 650 million folks, the area’s digital economy is forecast to triple in dimension and achieve $240 billion over the following seven years, in accordance to Google’s 3rd “e-Conomy SEA” document. The […]

Tesla has opened up Model 3 orders to customers in China – TechCrunch

Tesla is now taking orders for the Model 3 from customers in China, in accordance to its web page. Reuters was once the primary to record that Tesla is taking orders in China. Tesla gained’t ascertain or remark at the knowledge revealed by itself China-focused web page. Tesla CEO Elon Musk did say in a […]

Hong Kong is adding QR code payments to its subway stations – TechCrunch

A brand new dispatch from our ‘QR Codes Are Very Much Alive In Asia’ reporting program: Hong Kong’s subway gadget will quickly permit its commuters to pay through scanning QR codes thank you to a handle Alibaba that used to be introduced this week. The partnership — which is with Alibaba’s Ant Financial associate — […]

Sweet Escape connects travelers to photographers for truly Insta-worthy holiday pics – TechCrunch

The upward thrust of smartphone cameras and social media in recent times has fuelled a brand new stage of marking and sharing recollections the usage of pictures, however one startup is having a bet that individuals are ready to pass the following stage and spend cash to rent skilled photographers to make their pictures even […]

Another crypto exchange goes old school as KuCoin raises $20M from VCs – TechCrunch

I’ve stated it prior to however I’ll say it once more: one of the most greatest tendencies in crypto this yr is corporations elevating cash the old formed method via mission capitalists. Hot at the heels of Binance elevating cash from Singapore’s Vertex Ventures, so KuCoin, a rather new crypto exchange, has pulled in $20 […]

Netflix is testing a mobile-only subscription to make its service more affordable – TechCrunch

Netflix is testing a cut-price mobile-only subscription because it explores new applications aimed toward widening its attraction in Asia and different rising markets. CEO Reed Hastings advised Bloomberg final week that the corporate would check lower-priced applications and it hasn’t taken lengthy for the ones experiments to come to gentle. The first stories are from […]

Why the future of Chinese e-commerce is in its rural areas – TechCrunch

Hugh Harsono is a former monetary analyst these days serving as a U.S. Army officer. More posts by way of this contributor Television content material introduction in China Bank-based blockchain initiatives are going to turn out to be the monetary products and services trade China introduced a trifling 6.7 % financial expansion in July 2018, […]

Flipkart CEO Binny Bansal resigns over allegations of ‘serious personal misconduct’ – TechCrunch

Flipkart, the India-based e-commerce company owned via Walmart, has misplaced its Group CEO Binny Bansal after he resigned from the corporate following an investigation into “serious personal misconduct.” Bansal based Flipkart in 2007 with Sachin Bansal (no relation) and he had served as its CEO since 2016, ahead of occurring to turn into CEO of […]

China’s NetEase raises $600M for its music streaming business – TechCrunch

As Tencent Music, China’s greatest streaming company, reportedly stalls on its proposed U.S. IPO, certainly one of its closest challengers is doubling down. NetEase Cloud Music, a rival operated via video games and publishing large NetEase, simply closed a recent $600 million injection from a bevy of traders that come with Baidu and General Atlantic, […]

Chinese WeWork rival Ucommune raises $200M to go after international growth – TechCrunch

China’s Ucommune, the rustic’s greatest rival to WeWork, has been on a hectic acquisition spree to construct out its home industry and now it’s taking a look at out of the country alternatives after it closed a $200 million Series D investment spherical. The new spherical was once led by means of Hong Kong-based All-Stars […]