Tech in Asia

3,668 Flips | 62,257 Followers | @TechinAsia | A media, events, and jobs platform for Asia's tech communities. Asia tech and startup news.

In brief: Hillhouse Capital goes big with $10.6b fund

AD<p>Hillhouse Capital, known for its investments in Tencent, Baidu, Didi Chuxing, and Meituan Dianping, has raised a record US$10.6 billion for its …

Health Care

88 startups showcasing their tech at TIA Tokyo 2018 (INFOGRAPHIC)

A quick overview of what to expect at Startup Factory this September 20 & 21.

What Alibaba’s investments say about its plans for the future

AD<p>Alibaba has grown from the plucky startup taking on eBay to China’s most dominant ecommerce player, and one of the most valuable companies in the …

Alibaba Group

5 questions you should be able to answer before a data scientist job interview

AD<p>When what’s standing between you and your dream job in data science is how well you do in the interview, you may start to feel the pressure. A …

How a cashback startup convinced frequent flyer programs to offer air miles as rewards

While shopping online, most consumers tend to log on to the site directly to make a purchase. However, taking the most direct route might mean …

Frequent-flyer Programs

Interior design app Livspace gets $70m in Goldman Sachs-led round

AD<p>Livspace – an ecommerce marketplace for home decor – has just banked US$70 million in a series C funding round co-led by Goldman Sachs and TPG …

Customers

In brief: Japanese tech billionaire to be SpaceX’s first space tourist

AD<p>Elon Musk’s company SpaceX has unveiled the first private passenger it plans to fly around the Moon.<p>Japanese billionaire and online fashion tycoon …

Yusaku Maezawa

In brief: Binance, 500 Startups, others put $40m into blockchain game-making platform

However, the Chinese game development industry is in a limbo at the moment.

Binance

Can WeChat help China reform its legal system?

In 2010, China began a slow push to reform its legal system. Now, a Chinese data company, Gridsum, is attempting to accelerate that reform.

Asia

In brief: Ola heads to New Zealand following Australia and UK launches

AD<p>Indian ride-hailing platform Ola said on Tuesday it plans to launch operations in New Zealand, and expand its overseas rivalry with US-based peer …

SoftBank Group

Singapore Exchange leads $44m investment in Hong Kong’s ‘Expedia for freight’

AD<p>Hong Kong-based Freightos has raised US$44.4 million in a series C round led by Singapore Exchange (SGX), the company that runs the city-state’s …

General Electric

PMD maker Whill nets $45m to ride the ‘silver tsunami’

The startup will use the funding to further develop an integrated ‘mobility-as-a-service’ platform to serve the world’s growing elderly population.

Learn all about how Japan’s fintech scene is evolving at #tiatokyo2018

Hear from seasoned fintech leaders this September 20 & 21 as they delve into the opportunities and challenges that lie ahead.

Hear from a crypto-evangelist, 9Gag co-founder, and Hollywood animator at Thailand’s largest tech summit

You don’t want to miss these four speakers at the Digital Thailand Big Bang 2018.

Business Development

In brief: Ola banks an extra $50m from Chinese investors

AD<p>India’s largest cab-hailing service Ola has raised US$50 million at a valuation of roughly US$4.3 billion from Hong Kong-based Sailing Capital and …

University of California

In brief: Go-Jek introduces in-car entertainment and retail

AD<p>Indonesian ride-hailing giant Go-Jek today announced that it has acquired Indonesian adtech startup Promogo for an undisclosed sum. The startup …

In-flight Entertainment

Indonesian B2B marketplace Ralali has Thailand and microlending in its sights

It has just raised $7m from investors including SBI and SCG.

Indonesia

In brief: Path is dead

Remember that app?

In brief: Go-Jek said to be near closing of $2b funding round

AD<p>Go-Jek, Indonesia’s most valuable technology startup, is in talks to raise at least US$2 billion to fuel an accelerated expansion overseas, …

Ho Chi Minh City

In brief: Singapore makes important advancements in e-payments

AD<p>A universal QR code was launched to free merchants from the need to display multiple QR codes to accept different cashless payment schemes. Dubbed …

QR codes

In brief: Singapore government to invest $18m in quantum engineering

“Quantum computing, if realized, would break today’s most prevalent cryptographic systems in minutes,” said Heng Swee Keat, minister for finance and …

National University of Singapore

As it becomes a $53b public company, Meituan should give up on ride-hailing altogether

The segment is ultra-saturated and beset with public safety concerns. Meituan is better off taking risks elsewhere.

Sexual Harassment

Tik Tok is taking over the world

And it's beating Instagram in many countries.

App Store

They turned off the heater in winter to save money. Now they’re a leader in patent search

AD<p>Jeffrey Tiong was a model student. He was a finalist in a business plan competition, won a young entrepreneurship award, and made the dean’s …

Living Rooms

In brief: Grab confirms HappyFresh investment

The two companies partnered on a groceries-delivery service back in July.

South-east Asia

In brief: Indonesia’s Member.id scores pre-series A funding

East Ventures led the round, with participation from Ace Capital and several angel investors.

Small Business

How Jeff Bezos saved the Kindle from failing

Bezos was forced to put an apology letter on Amazon’s Web site.

Kindle Fire

Straight to IPO: Meet the Philippines-based startup that listed in London

Restaurant booking app BigDish didn't take any venture capital.

Profit

In China, farmers turn to viral videos to sell stuff

AD<p>While nearly 300 million Chinese farmers flock to urban centers chasing dreams and higher salaries, Jiang Jinchun is staying put in Zaotian, his …

Livestreaming

Aspiring data scientists, here’s how you can get hired

AD<p>Working in recruitment for data science, we’re no strangers to the mountains that you have to climb and the pitfalls you can plunge into as you try …

Employment