Asia
Keep up with the dynamic world of Asian startups and technology! Explore our Asia category for news, insights, and stories on groundbreaking startups and tech innovations from the region.
- Sep- 2021 -8 September
SenseTime heads for IPO on Hong Kong exchange
Chinese artificial intelligence start-up SenseTime heads for IPO. Despite the withdrawal of its stock market listing plans by its mainland peers, it is listing in Hong Kong. This was done in response to growing crackdowns on Beijing’s tech sector. More details on…
- 2 September
Xiaomi acquires self-driving tech startup Deepmotion
Smartphone giant Xiaomi acquires Deepmotion, a Beijing-based startup that develops digital mapping technology for autonomous vehicles. This acquisition is Xiaomi’s latest move to build its own intelligent connected cars. Furthermore, an expansion into China’s auto sector could greatly expand Xiaomi’s…
- 1 September
Kuaikan raised funds worth $240 million
Tencent-backed online comic platform Kuaikan raised funds worth $240M in a new round of funding. According to its WeChat statement, Kuaikan claims that the round is the largest ever in China’s online comic industry. Why the investment matters? Kuaikan offers…
- Aug- 2021 -31 August
PIS 2021, preparing for a hybrid exhibition
Korean Federation of Textile Industries is in preparation for the successful hosting of ‘Preview in Seoul 2021 (hereinafter referred to as PIS 2021)’ held at COEX (Halls A and E) in Seoul for three days from September 1 (Wed) to…
- 30 August
Seoul Try Everything festival fosters innovation for next startup unicorns
With the goal of making Seoul a global startup city, the Seoul Metropolitan Government has invested heavily in the creation of infrastructure for technology startups, investment in each growth stage such as nurturing talents, and establishment of a global network.…
- 19 August
POPCOZ releases Masclip that protects the inside of the mask
POPCOZ, the daily product manufacturing company, launched Masclip that protects the inside of the mask, and is applying for a patent. Masclip is a mask strap with clips. The strap can be freely adjusted using the aperture, so both children…
- 19 August
DynaMedic launch Large Bone Power Tool to lead the globalization of medical devices along with K-Bio wave
DynaMedic (CEO Choi Hyung-seop) specializes in electric handpieces for medical use. And will soon launch the Large Bone Power Tool, the flagship model of electric handpieces. Amid the rapid increase in medical demand for joint diseases due to the aging…
- 18 August
Rafa Rophe Revitalizing products made with natural ingredients and eco bio technology
This is the news that people who became tired of masks and scorching heat have been waiting for. Rafa Rophe (CEO Hwang Ki-cheol) has launched two types of essence, cream, and mist that help restore the skin’s ecology. Skin Ecology…
- 5 August
Aesty premium cordless flat iron reaches its First funding goal
A new funding record might have been made with Aesty premium cordless flat iron. The product Aesty successfully raised its initial Kickstarter funding goal of $10,000 in just under 15 hours. Who created this product and their inspiration for it?…
- 4 August
Jeonbuk Techno Park to host “Untact Overseas Buyer Consultation Conference”
Jeonbuk Techno Park will hold an “Untact Overseas Buyers Meeting”. The company’s Director is Yang Kyun-ui. The company will hold the conference with related buyers situated in Europe and the Americas. It will be on September 8th and September 9th…
- 2 August
PIS 2021 Online Exhibition ‘DIGITAL SHOW’
Korea Federation of Textile Industries (Chairman Sang-woon Lee, hereafter referred to as San-ryeon Seom) did hold an online exhibition (PIS Digital Show) on July 23rd to strengthen the pre-marketing of ‘Preview in Seoul (PIS) 2021’ to be held in September…
- Jul- 2021 -27 July
Dingdong Maicai IPO debut with $95.7M raise
Chinese on-demand grocer Dingdong Maicai IPO debut made headlines as it raised $95.7 million. This came after the company priced its shares at the lower end of the range. Dingdong Maicai’s debut received a lukewarm reception. Even though it cut…
- 23 July
Didi Under Scrutiny of the Chinese Government
Didi is again under the scrutiny of the Chinese government in less than a week of Wall Street’s debut. Now it has become the biggest new target in Beijing’s fast-moving efforts to tame the country’s internet industry. Why is Didi…
- 7 July
China bans retired EV batteries usage
China’s top energy policymaker released new regulations that China bans retired EV batteries. It plans to ban large energy storage plants from using used automotive batteries. This rule came following several deadly safety incidents at battery and power plants. What…
- 6 July
SHORT SHOTS – Aihuishou in NYSE, Chinese brands sell big in 618 festival
Aihuishou debuts, Huitongda to come Auihuishou is a used electronic reseller store. it has debuted on the New York Stock Exchange on June 18. Aihuishou is backed by JD.com. It saw its shares jumping up to 23% on the first…
- Jun- 2021 -28 June
Manbang seeks to raise up to $1.6 billion in US IPO
Manbang is the Chinese name of Full Truck Alliance Co. It is an Uber-like trucking startup. It is looking to raise as much as $1.57 billion in an initial public offering. This would make it one of the biggest U.S.…
- 26 June
Apna raises funds worth $70 million
Indian startup Apna raises funds in order to help daily-workers in India to secure jobs. Many people have lost their jobs during the pandemic and India is no different. With millions of people losing their employment, Several economic activities have…
- 15 June
Pinduoduo beats revenue expectations
Pinduoduo beats revenue expectations for the first quarter of 2021 and is getting ready for heavy investment in agriculture research.
- 6 June
Alibaba Cloud Prepares for future with RISC – V
Alibaba Cloud prepares Apsara Operating System compatible with other architectures using RISC -V. This may mean future chip independence.
