Announcements

Ecosystem

Events

Features

Insights

News

Opinion

Q&As

China

Southeast Asia

Rest of World

Places

KrASIA Connection

Profiles in Tech

Venture Roundup

Open Source

Startup Wire

Our Events

View All Collections

Collections

About

36Kr (EN)

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

The Chinese government has stepped up its control over the cash loan industry, causing the stock prices of US-listed Chinese internet finance companies to plunge.

Chinese Regulatory Agencies Suspend Licensing for Internet Microlenders, Cash Loan Industry Facing a Major Reshuffle | KrASIA

Home

Chinese Regulatory Agencies Suspend Licensing for Internet Microlenders, Cash Loan Industry Facing a Major Reshuffle

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

I'm Xiaochun with KrASIA [kri’eɪʃə], a newborn digital media with a dedication to help Asia uncover its innovations and to create.

https://secure.gravatar.com/avatar/760c9db0d4ccfee316355af963bfcbc0?s=96&d=mm&r=g

Xiaochun Zhao

A peek into the booming tech ecosystem of Southeast Asia.

SEA Tech

Plus, Uber lost records on 57 million customers and drivers. License for online microloan is expected to become extremely expensive in China.

Kr-Asia Daily: Garena’s parent company Sea’s loss more than doubled in the third quarter | KrASIA

Kr-Asia Daily: Garena’s parent company Sea’s loss more than doubled in the third quarter

Plus, Singapore’s InCorp Group has acquired three subsidiaries of CA Trust. California-based cloud-service provider Scalyr has raised $20 million.

Kr-Asia Daily: Chinese microlenders plummet as the country is to tighten controls | KrASIA

Kr-Asia Daily: Chinese microlenders plummet as the country is to tighten controls

Plus, Singapore’s Leonie Hill Capital is to contribute half of the $60 million fund to invest in intellectual property-based tech startups in Southeast Asia. Uber agreed to buy 24 000 Volvo SUVs.

Kr-Asia Daily: Following Bluegogo, another bike-sharing company in China bites the dust | KrASIA

Kr-Asia Daily: Following Bluegogo, another bike-sharing company in China bites the dust

Plus, China launched regulations on financial institutions concerning asset management. Tesla received preorders from Walmart and Loblaw for its semi-truck.

Kr-Asia Daily: Singapore-based P2P lending solutions provider Crowd Genie plans to raise up to $31.69 million in an IPO | KrASIA

Kr-Asia Daily: Singapore-based P2P lending solutions provider Crowd Genie plans to raise up to $31.69 million in an IPO

Plus, Rong 360’s affiliate listed on NYSE. General Motors is to rival Tesla as the company plans to launch its new electric car.

Kr-Asia Daily: IFC is to lend $185 million to promote SME lending in Vietnam | KrASIA

Kr-Asia Daily: IFC is to lend $185 million to promote SME lending in Vietnam

Amazon.com, Inc., is an American multinational technology company based in Seattle, Washington that focuses on e-commerce, cloud computing, and artificial intelligence. Amazon is the largest e-commerce marketplace and cloud computing platform in the world as measured by revenue and market capitalization. 

Amazon

Plus, Tencent saw a 61 percent rise in third-quarter sales. Tesla suffered its biggest loss.

Kr-Asia Daily: MAS is to trail some ICOs in a regulatory sandbox to promote Fintech | KrASIA

Kr-Asia Daily: MAS is to trail some ICOs in a regulatory sandbox to promote Fintech

Gojek is a transportation network company and logistics startup company based in Jakarta, Indonesia.

Gojek

Plus, Amazon agreed to sell some of its Chinese cloud assets to its Chinese partner. Qihoo 360 launched a short video app.