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.
- Apr- 2021 -21 April
Alibaba fined, delivery service price dumping
China’s top antitrust regulator, the State Administration for Market Regulation (SAMR), has fined the e-commerce giant Alibaba RMB 18.2 billion ($2.8 billion) on Saturday for “forced exclusivity.” Forced exclusivity is a practice where platforms force merchants to use only one…
- 12 April
BSN architect Red Date to bring R3’s Corda enterprise blockchain to China
Red date Technology is primarily known for its role with the government backed blockchain platform BSN (Blockchain Services Network). It has licensed American distributed ledger company R3’s enterprise blockchain to resell in China. Why is this worth a headline? Until…
- 10 April
Xiaomi invests $1.5 billion in the fully owned EV business
The new Chinese tech giant to join in the red-hot electric vehicle market is Xiaomi with a $1.52 billion investment to set up a fully owned subsidiary for its auto business, to be led by founder and CEO Lei Jun.…
- Mar- 2021 -31 March
Ant Group CEO Simon Hu resigns due to personal reasons
As Ant Group Co. founded by billionaire Jack Ma, grapples with Chinese government demands to overhaul its business, Simon Hu has unexpectedly resigned as CEO, adding fresh turmoil to the financial technology giant. Who will be the new leader? A…
- 27 March
Little mention of China’s EV industry in the Five-Year Plan
In this year’s annual government work report which was presented on Friday, China’s ambition to become a world leader in electric vehicles was barely mentioned. Experts say that it’s a sign indicating that the market is maturing. Policies and Market…
- 24 March
K-Chemicals Cyber Exhibition, helping 266 chemical Korean startup grow overseas
K-Chemicals Cyber Exhibition with the chemical and wonder sector because the main topic are going to be held Mar. 22-29.This online exhibition is hosted by Ministry of Trade, Industry and Energy (MOTIE) and arranged by KOTRA and KSCIA (Korea Specialty industry Association). To support and expand the overseas expansion of…
- 14 March
Chip, battery shortages will limit production at Nio
CEO William Li of Nio, Maker of the E- vehicles, said on Tuesday that an industry-wide shortage of electric vehicle batteries and semiconductor chips will continue to hamper production for the next few months. As it gears up for an…
- 10 March
Jack Ma Alibaba Founder loses China’s Richest Person title
After coming under a regulatory scrutiny, the embattled co-founder of Alibaba group holding Ltd, Jack Ma, has lost his title as China’s richest person to Bottled-water tycoon Zhong Shanshan, according to the annual list of China’s wealthy. What went on…
- 6 March
Self-Driving Truck start-up taps into US market from China
Plus is a Self-driving truck technology developer. It has completed its Series B funding round, pulling in $200 million from returning backers and new investors from China. Plus has raised nearly $400 million in total. New and Old investors to…
- 1 March
Clubhouse directs millions of dollars to a Chinese start-up called Agora Inc.
The clubhouse is a social networking application. It lets people gather in audio chat rooms to discuss various topics, whether it’s sports, wellness, art, etc. In just two months, Clubhouse has become the venue of choice for luminaries like Elon Musk…
- Jan- 2021 -24 January
Is China challenging Google’s supremacy?
We all know what Google is. The incredible American search engine tool which is probably one of the most used websites in the world. One could fastly assume that Google is the most powerful tool in terms of algorythm power…
- 22 January
[Earth-protecting Entrepreneurship] BEST OF MIK selects three companies in the environmental sector in G-HUB 2021 !
Global news network AVING News and the French IT/Tech media Le Café Du Geek selected the BEST OF MIK for G-HUB 2021.Gwangmyeong Gyeonggi Culture Creation Hub (G-HUB) is a project which Gyeonggi-do, Gwangmyeong-si, and Gyeonggi Contents Agency provide a space…
- 18 January
Namutech presents Smart DX Solution, integrated digital transformation
The NAMUTECH company is unveiling its new ambitions at the start of 2021. It wishes to conquer the world market through the digital transformation integrated with ‘Smart DX Solution ‘. This digital transformation solution is done through four categories: Smart Cloud, Smart Big…
- 18 January
Gyeonggi agency supports 12 Korean startups at CES 2021
South Korea is a country that is experiencing a great development of startups operating in the technology sector. But, many are those who do not manage to expose their inventions to the world because they do not have the means to…
- 17 January
CES 2021 – South Korea’s Best Startups at MIK
The world’s largest tech show, CES 2021, was held Jan. 11-14, and on the final day AVING News awarded the Best of MIK Awards to companies in South Korea. As judges, Le Café Du Geek, the global information network AVING News and IT Donga participated.…
- 13 January
The K-Startup pavilion CES2021 stands out in virtual form
The Ministry of SMEs and Startups has announced that due to the upsurge in the spread of Covid-19 and the Consumer Electronics Show (CES) 2021 will be held entirely virtually. For this, MSS has built a K-Startup pavilion to elevate the status…
- 6 January
CES 2021: 15 Seoul startups participating
As CES 2021 will be held virtually due to COVID-19. Innovative tech companies based in the metropolitan city of Seoul will be exhibiting at CES 2021 online this year. The Seoul Metropolitan City started its participation in CES in January 2020.…
- 5 January
MIK 2020 – A look at the Korean startups present
In December 2020, the Made in Korea MIK 2020 online took place, an event that allows international media to discover the country’s latest innovations. Everything took place via ZOOM and we told you in a previous article about the Awards awarded . Let’s review…
- Dec- 2020 -25 December
5 things you should know about China
Everybody thinks China is just the big dragon whose main features are already widely known. However, although many people think they got it pretty much all figured out, there are some curiosities definitely worth knowing. From China’s share of American…
