News before Jan 06, 2022

Tesla Causes Uproar Over New Dealership Opening In Xinjiang

The opening was announced on Tesla's Weibo post during New Year's Eve

Teckwai SawJan 06, 2022

Pandai Startup Secures US$2.03 Million to Improve Education System

Pandai, an education app, helps students in their learning via gamified quizzes

Wilson TwoonJan 06, 2022

Sony Setup Subsidiary to Cement its Plan to Launch Electric Vehicles

Sony keeps up with other global tech companies by dabbling in the automobile sector

Muskan KatariaJan 05, 2022

Nvidia Gives Out Free Omniverse Software

Taking the lead in the development of the metaverse

Wilson TwoonJan 05, 2022

China’s Evergrande trade comes to a screeching halt

The Chinese property development group suspended the trading of shares as of January 3rd.

Vrisha PhrabhakaranJan 03, 2022

Indian Startups Break Records by Raising $39 Billion in 2021

India records a sharp increase in IPOs and unicorns surpassing expectations

Vrisha PhrabhakaranJan 03, 2022

Smarter Health's SGD$5.15 Million by East Ventures

Funds will be used to expand Smarter Health's capabilities and penetrate new markets in Southeast Asia

Wilson TwoonJan 03, 2022

Ant Group Closes Mutual Aid Platform Xianghubao; China Continues Clamping Down

This is following similar moves by other Chinese tech giants such as Baidu, Meituan and Waterdrop

Teckwai SawDec 31, 2021

China's Clamping Down Affects Didi's Revenue; Reports US$4.7 Billion Loss

Didi's revenue for July to September dropped 1.7% due to its core mobility business being restricted

Teckwai SawDec 31, 2021

Tokopedia to Own Stake In Indonesian TV Station After the Latter Goes Public

8.5% of PT Net Visi Media, the holding company that manages NET TV, will be owned by Tokopedia

Teckwai SawDec 29, 2021

Alibaba's Damo Academy's Technological Trend 2022

Alibaba's academy predicts technological trends in 2022

Wilson TwoonDec 29, 2021

Starboard secures stake in GoDaddy

Starboard's stake in GoDaddy is worth 6.5%

Wilson TwoonDec 28, 2021

AirAsia Food is launching in Indonesia early 2022; wants to capture growing food delivery market

Early Indonesian merchants will benefit greatly from competitive rates and exposure

Teckwai SawDec 24, 2021

TikTok, 3rd Largest Social Network And Will Continue To Grow in 2022

Surpassing Snapchat and Twitter, just right behind Facebook and Instagram in market share

Teckwai SawDec 24, 2021

A 1992 SMS valued at US$ 121,000

The world's first SMS is valued at US$ 121,000 as an NFT

Wilson TwoonDec 22, 2021

Iris Capital Partners launches $37.8 Million Venture Debt Fund for Malaysia

The fund focuses to finance high-impact Malaysian and Southeast Asian startups

Teckwai SawDec 21, 2021

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