Apple drops App Store cut from 30% to 15% for developers below $1 million in turnover

The new change will take effect from 1st January 2021.

Nov 18, 2020

AirAsia Japan files for Bankruptcy

The airline industry is affected badly.

Nov 17, 2020

Disney+ hires Malaysian Executive Director to spearhead Southeast Asia expansion

Ahmad Izham Omar was formerly from Media Prima

Nov 17, 2020

Airbnb files for IPO; has profitable Q3 despite declining travel.

The company has had occasional profitable quarters too.

Nov 17, 2020

China's Baidu is buying Joyy's live-streaming service YY for $3.6 billion

Baidu is looking to diversify its core business into other areas.

Nov 17, 2020

Philippines's Resellee raises $1 million; helps people start a business with no capital.

People can start a business without having to keep any inventory of products.

Nov 16, 2020

Too many fake guru scams; OpenAcademy launches app for quality online learning.

Offering byte-sized learning courses in Instagram Stories fashion

Nov 15, 2020

Kumu, the Philippines startup that lets creators monetize their content, joins Gobi-Core portfolio

Gobi Partners and Core Capital participated in Kumu's Series A round.

Nov 14, 2020

China's Tencent grows by 29%; generates $19 billion in revenue for Q3 2020.

The company generated $5.8 billion in profit for the quarter too.

Nov 14, 2020

Twitter launches its stories feature in Japan

It's called Fleets

Nov 12, 2020

serverDNA is helping brands reach gamers; Will host a major gaming event this December.

The event will be held online, with an expected turnout of over 10k participants.

Nov 12, 2020

TikTok and Douyin remain top grossing apps for 7 consecutive months.

The company generated $110 million in revenue in October 2020 alone.

Nov 10, 2020

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