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News until Jan 08, 2021

Trump targets Ant’s Alipay, WeChat Pay in latest app bans

US President Donald Trump signed an order banning US transactions with eight digital Chinese payment platforms including Ant Group Co’s Alipay in 45 days, when he’ll no longer be in office.

THESTAR.COM.MYJan 06, 2021

Over One-Third of the Global Industrial Robots Were Manufactured in China - Pandaily

China’s robotics industry saw rapid growth this year. According to a report released by Buy Shares, there were 381,000 units of industrial robots globally as of September 2020.

PANDAILY.COMJan 06, 2021

Chinese Startups And Venture Capitalists Bet Big On Open Source RISC-V

Chinese Startups And Venture Capitalists Bet Big On Open Source RISC-V – China Money Network - China Money Network

CHINAMONEYNETWORK.COMJan 06, 2021

GoBear financial products comparison startup shuts down after raising $97 million in funding

GoBear was reportedly used by over 55 million people and had over 100 commercial partners ranging from banks and insurance providers.

Alfred LeeJan 05, 2021

The Asian Entrepreneur raises $8 million; rebrands to 'Empirics Asia'

Empirics Asia will continue what The Asian Entrepreneur has been working on and more.

Rajitha ReddyJan 05, 2021

In China, food delivery order volume is reaching 500 million users in 2020

A large number of food delivery consumers in China are people in their 20s - 30s.

Alfred LeeJan 04, 2021

Huawei Pay joins hands with Aleta Planet to introduce NFC, QR code payments for S'pore users | e27

Users can transact in-store and in-app using the mobile payment solution upon adding their bank card to the Huawei Wallet app

E27.COJan 04, 2021

Korean biotech startup E Green Global (EGG) raises $9.2M to scale seed potato production

E Green Global (EGG) was co-founded in 2009 after having found a way to quickly produce virus-free seed potatoes after many years of R&D.

Carl AdrianJan 04, 2021

Investors left in the lurch as investment platform CoAssets runs into trouble

THE Monetary Authority of Singapore (MAS) will review and take necessary action if CoAssets' licensed subsidiary - now known as CA Funding - has breached regulations. Read more at The Business Times.

BUSINESSTIMES.COM.SGJan 03, 2021

Flash is dead; Adobe officially ends support for the infamous browser plug-in

Adobe will also be blocking content from running on Flash players starting January 12th.

Rajitha ReddyJan 03, 2021

Startup funding in India fell by 34% due to the pandemic; lowest since 2016

A large part of India's startup funding was affected by the pandemic and tensions with China.

Alfred LeeDec 30, 2020

AI chipmaker Graphcore raises $222M at a $2.77B valuation and puts an IPO in its sights – TechCrunch

Applications based on artificial intelligence — whether they are systems running autonomous services, platforms being used in drug development or to predict the spread of a virus, traffic management for 5G networks, or something else altogether — require an unprecedented amount of computing power to run. And today, one of the big names in the […]

TECHCRUNCH.COMDec 29, 2020

Self-driving robotaxis are taking off in China

The world has been inching toward fully autonomous cars for years. In China, one company just got even closer to making it a reality.

EDITION.CNN.COMDec 28, 2020

Indonesia's Cakap is helping people learn languages online; raises $3 million in funding

Cakap aims to make education accessible to people across Indonesia

Alfred LeeDec 25, 2020

Master the Mainframe is helping students gain experience in a fun and rewarding manner

Master the Mainframe is a virtual coding competition for students aged 13 years and above.

Rajitha ReddyDec 25, 2020

Tencent, Jeneration Capital Leads RMB2 Billion Round In Medbanks

Tencent, Jeneration Capital Leads RMB2 Billion Round In Medbanks – China Money Network - China Money Network

CHINAMONEYNETWORK.COMDec 24, 2020

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