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

Southeast Asia

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

Creative

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

Live Streaming

Indonesia

Asia Vision Network (AVN), the parent company of Indonesia-based video-streaming platform Vision+, will list on Nasdaq after merging with the Southeast Asia-focused blank-check company Malacca Straits Acquisition (MSA).AVN and MSA announced that they have signed a business combination agreement that values the combined company at USD 573 million. The transaction is expected to close in late Q2 or early Q3 2021.

‘Netflix of Indonesia’ merges with SPAC to list on US exchange

Home

Decoding China&#039;s tech and business pulse

KrASIA

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Tech in Asia

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

Investment

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

Venture Capital

VC firm Openspace Ventures earlier this month announced the closure of its third managed fund, raising USD 200 million, which brings the total capital under management to USD 425 million. Openspace director Ian Sikora told DailySocial that Indonesia is an important market, where they will continue to develop their presence.

Openspace Ventures targets Southeast Asia with its third fund

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DailySocial

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

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

China

Douyin, the Chinese version of TikTok, showcases locally popular short videos, influencer content, and creative challenges optimized for China’s market.

Douyin

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

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

Gaming

Chinese short video giant ByteDance—via its gaming unit Nuverse—is acquiring the Shanghai-based mobile game developer Moonton, further encroaching onto Tencent's territory.

ByteDance buys game developer Moonton to take on Tencent

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Song Jingli

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

Entertainment

What sets the world’s soundtrack? Follow streaming royalties, label strategies, and genre shifts guiding the global music industry’s rhythm.

Music

Tencent Music Entertainment (NYSE: TME) said on Monday that the company gained RMB 8.34 billion (USD 1.28 billion) in revenue in the fourth quarter of last year, up 14.3% year-on-year (YoY), and generated RMB 1.2 billion in net profits, up 15.4% YoY.

Tencent Music reports strong profits as users decline

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

JD.com

What changes the way we shop? Review fresh inventory management, dark stores, and logistics driving door-to-door grocery services.

Grocery Delivery

How do platforms deliver on immediacy? Analyze ride-hailing, instant deliveries, and gig models meeting consumer needs fast.

On-demand Services

E-commerce giant JD.com (NASDAQ: JD) and its on-demand delivery affiliate Dada Group (NASDAQ: DADA) on Monday released a joint announcement, indicating that JD has agreed to buy USD 800 million worth of ordinary shares from Dada, increasing its holding to 51% after the transaction.

KEY STAT | JD.com increases stake in logistics affiliate Dada

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Julianna Wu

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

Baidu

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

With investor excitement cooling toward Chinese technology stocks, search engine operator Baidu edged just slightly higher on its market debut in Hong Kong on Tuesday, while streaming service Bilibili priced its stock sale well below the maximum it had set earlier.

Baidu fails to make splash with Hong Kong debut

As part of 36Kr’s ongoing partnership with Nikkei, you can read selected content from Nikkei Asia on KrASIA.

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Nikkei Asia

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

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

Payments

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

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

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Stephanie Li

India’s tech landscape blossoms with e-commerce startups, fintech innovations, and IT services shaping a growing digital consumer base.

India

Tiger Global, a US-based venture firm, backs internet and software businesses scaling across multiple regions.

Tiger Global

The New York-headquartered hedge fund, Tiger Global, which invested half a billion dollars in Indian startups last year, is stepping up its game in India, writing checks at a faster pace in 2021 than the previous year.

American hedge fund Tiger Global steps up investments in India

I cover Indian tech, startup, venture capital ecosystems for KrASIA.

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Moulishree Srivastava

Jakarta Police exposing online underage prostitution  conducted through MiChat, a Singaporean-based app. Screenshot from YouTube Humas Polda Metro Jaya.

Singapore

MiChat portrays itself as a free messaging and online dating app.

Singaporean chat app under fire for alleged use in underage prostitution case

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Ursula Florene

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

Middle East

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

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