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ByteDance, a Chinese internet company, uses machine learning to recommend engaging videos, news, and social content (via TikTok and Douyin).

ByteDance

China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

Explore Northeast Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

Northeast Asia

TikTok hosts short-form videos spanning entertainment, education, and branded content, capturing global audiences and driving cultural trends.

TikTok

Xiaohongshu

What drives digital storytelling? Examine content creation, distribution channels, and media platforms connecting audiences worldwide.

Content

How do ideas shape industries? Learn how content, design, and digital artistry influence branding, marketing, and cultural impact.

Creative

What entertains a connected world? Track shifts in film, music, and media consumption, as platforms and audiences redefine cultural experiences.

Entertainment

The Chinese lifestyle app sees a surge in downloads as TikTok’s future in the US hangs in the balance.

Xiaohongshu tops Apple’s US app store as TikTok ban looms | KrASIA

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Xiaohongshu tops Apple’s US app store as TikTok ban looms

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

KrASIA

KrASIA Connection curates technology and innovation updates from China.

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How do markets shape wealth creation? Study portfolio diversification, asset classes, and strategies balancing growth and risk.

Investment

When do companies invite public investment? Understand listing criteria, underwriter roles, and regulatory steps defining initial offerings.

Why do firms join forces? Investigate synergy goals, valuation methods, and negotiations driving corporate consolidation.

Merger &amp; Acquisition

What happens after acquisitions close? Examine deal structures, operational improvements, and exit strategies molding corporate outcomes.

Private Equity

What fuels startup ecosystems? Review funding rounds, investor strategies, and market insights guiding entrepreneurial growth.

Venture Capital

Hong Kong

Indonesia

Singapore

Vietnam

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Deals in brief: Bythen and Varadise secure funding, CBC Group backs MiRXES, latest China deals, and more | KrASIA

Deals in brief: Bythen and Varadise secure funding, CBC Group backs MiRXES, latest China deals, and more

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KrASIA Writers

What happens when viewers join in real time? Explore live streaming platforms, audience interaction tools, and brand opportunities in instant video.

Live Streaming

Can brief clips hold lasting impact? Analyze short-form content trends, creator communities, and platform strategies for rapid viewer engagement.

Short Video

How do visuals captivate global viewers? Dive into streaming services, production models, and evolving formats defining video engagement.

Video

Elon Musk could be a lifeline for TikTok’s US future.

China weighs selling TikTok’s US operations to Elon Musk as ban nears | KrASIA

China weighs selling TikTok’s US operations to Elon Musk as ban nears

How does finance become frictionless? Examine digital banking, payment innovation, and lending platforms redefining financial access.

Fintech

Fintech | KrASIA Archives

Tencent, a Chinese tech conglomerate, invests in gaming, social media, and cloud services, supporting entertainment and connectivity worldwide.

Tencent

Beijing-based online mutual aid platform Qingsong Huzhu stopped operations on Wednesday, Economic Observer reported, citing users of the service. Before the shutdown, the site registered 17 million users at the end of May last year, second only to Ant Group's Xiang Hu Bao with about 100 million members.

Tencent-backed mutual aid platform Qingsong Huzhu abruptly shuts down | KrASIA

Tencent-backed mutual aid platform Qingsong Huzhu abruptly shuts down

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Song Jingli

What streamlines global commerce? Examine digital wallets, cross-border remittances, and instant settlement technologies.

Payments

Several banks in Shanghai have started offering digital yuan wallets to interested individuals and corporates. So far, the electronic currency has only been available during limited trial periods and to people that have been selected in a lottery.The Industrial and Commercial Bank of China, China Construction Bank, and Bank of Communications confirmed to KrASIA on Thursday that private persons and companies can apply. The Bank of China, Agricultural Bank of China, as well as the Postal Savings Bank of China opened the service to individuals, according to a report by The Paper.

China's digital yuan is now available to individuals and corporates in Shanghai | KrASIA

China&#8217;s digital yuan is now available to individuals and corporates in Shanghai

WeChat, Tencent’s superapp, combines messaging, social media, mobile payments, and mini-programs, streamlining daily tasks for over a billion users.

WeChat

How does interactive entertainment evolve? Assess gaming ecosystems, esports growth, and technology enhancing virtual play.

Gaming

How can businesses drive positive change? Study policies, ESG strategies, and community initiatives fostering global social advancement.

Social Impact

Chinese tech conglomerate Tencent (HKEX: 0700) posted strong revenue growth of 28% for 2020 to reach USD 74.4 billion in sales, as online entertainment, social media, and investments brought in a steady stream of cash. Net income for the year was USD 24.5 billion, a 71% jump from 2019, exceeding previous estimations of USD 20 billion.

KEY STAT | Tencent reports USD 74 billion revenue for 2020 | KrASIA

KEY STAT | Tencent reports USD 74 billion revenue for 2020

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Julianna Wu

The Middle East’s growing tech ecosystem harnesses the enterprising spirit of innovators from its diverse cultural markets.

Group 11, the venture capital fund headed by American-Israeli investor Dovi Frances, has announced it has secured over USD 120 million in the first closing for the firm’s fifth fintech fund in just 90 days.The firm announced just three months ago it had intended to raise USD 100 million for the fund.Group 11 says its fifth fund will invest primarily in Silicon Valley-based fintech companies, many of them with Israeli founding teams and R&D centers.

Dovi Frances' Group 11 secures more than USD 120 million for fifth fintech fund | KrASIA

Dovi Frances&#8217; Group 11 secures more than USD 120 million for fifth fintech fund

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NoCamels

Southeast Asia’s tech ecosystem is a melting pot of startups and businesses of all sizes, all vying for rapid growth.

Philippines

Q&amp;A

Mynt manages GCash, Philippines' largest mobile wallet and payment service with over 33 million users.

'Our goal is to democratize' financial services in the Philippines, says Tek Olano of Mynt | KrASIA

&#8216;Our goal is to democratize&#8217; financial services in the Philippines, says Tek Olano of Mynt

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Stephanie Li

Saudi Arabia

Riyadh-based fintech Hala (previously known as Halalah) has raised USD 6.5 million in a Series A round led by Impact46, which invested through their growth fund. The round also included participation of Wamda and other investors.

Saudi Arabia’s Hala raises USD 6.5 million Series A to become digital bank for SMEs | KrASIA

Saudi Arabia’s Hala raises USD 6.5 million Series A to become digital bank for SMEs

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MENAbytes

Indonesian savings app, Pluang has raised USD 20 million in a pre-Series B round that was led by Openspace Ventures. Existing investors, including Go-Ventures, also participated. Co-founder and CEO Claudia Kolonas said in a statement that Pluang plans to expand its investment options in 2021, focusing on new financial products for simple and convenient access to a wider variety of asset classes

Indonesian savings app Pluang bags new funding amid investment boom in the country | KrASIA

Indonesian savings app Pluang bags new funding amid investment boom in the country

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Ursula Florene

Alibaba, China’s e-commerce giant, operates online retail marketplaces, cloud computing services, and digital payment networks across Asia and beyond.

Alibaba

Ant Group, a fintech powerhouse, offers digital payments, wealth management tools, and micro loans, enabling borderless, mobile-first financial services.

Ant Group

Baidu leads Chinese search engines, voice assistants, autonomous driving research, and AI platforms connecting users with information and services.

Baidu

JD.com, a Chinese e-commerce leader, ensures trusted transactions, efficient logistics, and a wide product selection for online shoppers.

JD.com

Taobao, Alibaba’s consumer-to-consumer marketplace, connects Chinese shoppers with diverse products, from fashion and electronics to everyday essentials.

Taobao

Xiaomi crafts affordable smartphones, wearables, and IoT devices, appealing to users who seek innovation, quality, and budget-friendly tech.

Xiaomi

How does credit flow online? Explore digital lending tools, alternative scoring, and services accelerating capital access.

Lending

China Banking and Insurance Regulatory Commission (CBIRC) and four other government bodies have specified that all micro loan firms in the country cannot extend consumer loans to university students, according to an announcement on Wednesday.

China bans microlenders from granting consumer loans to university students | KrASIA

China bans microlenders from granting consumer loans to university students

Traveloka, a Southeast Asian travel platform, helps users book flights, hotels, and local experiences seamlessly.

Traveloka

What drives global exploration? Discover evolving tourism trends, hospitality services, and the shift toward personalized travel experiences.

Travel

Part 1 covers the origins of Traveloka and the company's build-out from flight listings to much, much more.There have been turbulent moments for Traveloka's top brass.

In the top flight: Everything you need to know about Traveloka (Part 2 of 2) | KrASIA

In the top flight: Everything you need to know about Traveloka (Part 2 of 2)

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