NewsChinese AI researchers in US torn between promise, politicsChinese AI talent is weighing whether to stay, or return home. 4 mins read
Wook’s revenue topped RMB 1 billion in 2024 as it expands beyond Indonesia across Southeast Asia. NewsAlibaba-backed Wook moves closer to IPO as Southeast Asia drives growth3 mins read
The Nasdaq-listed company’s shares fell on concerns about commission revenue. NewsGrab faces regulatory headwinds in Indonesia, its key ride-hailing market3 mins read
Bringing you the latest updates on funding and investment activity across the Asia Pacific. NewsDeals in brief: Level3AI and UangCermat raise funding, Airwallex acquires South Korea’s Paynuri, Toku completes Singapore IPO, and more5 mins read
The deal extends Airwallex’s model of entering regulated markets through local license holders, reducing friction. NewsAirwallex deepens APAC expansion with South Korea entry via Paynuri acquisition3 mins read
Overseas acquisitions are lifting the sportswear group’s profile, but competition in China is tightening. NewsAnta pushes higher with Puma stake as domestic pressures mount5 mins read
The raise underscores consolidation taking shape across China’s AI sector. NewsChina’s investors double down on AI frontrunners as StepFun raises RMB 5 billion3 mins read
The funding will support continued investment in chips designed to improve inference efficiency at scale. NewsSenseTime spinout Sunrise raises RMB 3 billion for next-gen AI inference chips2 mins read
After building a robust chip stack, the Alibaba subsidiary is ready to test investor appetite in a red-hot market. NewsAlibaba clears public listing plan for chip unit T-Head as China’s semiconductor push accelerates5 mins read
NewsDeals in brief: HeyMax and Ekko raise funding, MOL Plus invests in Secai Marche, seven China investments, and more
