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.
- Jul- 2021 -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.
- 5 June
China on Mars: Zhurong rover returns first pictures
As the rover lands on the Red Planet, China releases the very first pictures of the view captured by Zhurong on its website. Front view from the space vehicle The forward view shows the landscape ahead of the robot as…
- May- 2021 -30 May
ByteDance’s Zhang Yiming to step down as CEO
ByteDance co-founder and CEO Zhang Yiming said he will step down as the CEO of the TikTok owner at the end of this year. Company co-founder and head of human resources Liang Rubo will take his place. Zhang’s departure comes…
- 30 May
Mobility Company Ground K Launches ‘T-Rise Up’
Tourism transportation platform company Ground K Co., Ltd will present a solution that will advance the business to the next level by reinforcing the digital capabilities of transport operators. Ground-K has recently launched an integrated operation system ‘T-Rise Up’ for…
- 29 May
ICT company with Manufacturing Based, A&L Corporation
A&L Corporation Co., Ltd. (hereinafter referred to as A&L) received the ‘Minister of Trade, Industry, and Energy’ Award’ in 2019 for contributions to the development of smartphones and advanced technology of parts and was selected as ‘KEA-led IoT Excellent Company’…
- 28 May
The MSS holds P4G Startup Challenge as part of the 2021 P4G Seoul Summit
The Ministry of SMEs and Startups of the Republic of Korea (Minister Kwon Chil-seung, hereinafter “MSS”) announced that it will hold “P4G Startup Challenge,” an online IR pitching event for the startups representing 12 P4G member nations and investors at home and…
- 27 May
HanMaek Medical’s “Moving Bed Shower Carrier”, a necessity for nursing care
The “Moving Bed Shower Carrier” produced and launched by HanMaek Medical Co., Ltd., a nursing care solution R&D company, has become a necessity in nursing care services. The product has shown an increase in demand in hospital wards nationwide. The…
- 26 May
Avention paves the way to localizing high-tech materials and technology independence
Located in the Knowledge Industrial Complex of Songdo Technopark, Incheon, Avention is successfully localizing cutting-edge experimental materials by developing and manufacturing reagents and nanomaterials for researchers. Avention has strengthened its position as a base material manufacturer, and successfully developed nanomaterials,…
- 22 May
Korean Eyeglass Association launch its overseas brand OVIUS
The Korea Eyeglasses Cooperative Association (KECA) will start expanding its market to overseas with its own brand OVIUS. KECA is a cooperative established by eyeglass lens manufacturers and related businesses in 2020. It is made up of companies with various capabilities…
- 16 May
China : Long March 5B situation as rocket heads reentry
On Friday, China’s foreign ministry acknowledged the imminent uncontrolled reentry of the Long March 5B as the orbit of the first stage continued to lose altitude. On May 7 at a Foreign Ministry regular news conference, spokesperson Wang Wenbin responded…
- 8 May
Huawei is selling EVs in stores, may offset sinking phone sales
On Wednesday last week, Huawei began selling Chinese-made electric cars. These cars are equipped with Huawei’s powertrain system and in-car infotainment solution. The company said that this move could offset a drastic decline in its global handset business resulting from US…
- 4 May
ByteDance to Take a Bite Out of Tencent?
ByteDance, the owner of TikTok, which has been attracting eyeballs to its viral apps is now trying to become an even bigger success in the gaming world too. The Chinese company’s latest game, One Piece: The Voyage, based on a popular…
- Apr- 2021 -29 April
Korea’s largest solar power exhibition 2021 International Green Energy Expo held at Daegu EXCO on April 28
The 2021 International Green Energy EXPO & Conference will be held from April 28 (Wed) to 30 (Fri) at EXCO Daegu. Korea’s largest and the world’s top 10 solar and renewable energy exhibition celebrating 18th session this year is hosted…
