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BYDs big plans to move beyond cars and batteries

The Offset is Tech in Asias free newsletter that breaks down the biggest stories and trends in greentech.

3 May 2024 10:30 am
The top lenders to SEAs and Indias tech companies

Debt may be in vogue among tech companies in Southeast Asia and India. Investors are set to tap the demand.

3 May 2024 6:30 am
Openspace leads latest round of HK-based language AI firm

Fano Labs offers an AI transcriber, a chatbot, and a voicebot that can handle conversations in multiple languages.

2 May 2024 3:31 pm
Microsoft to invest $2.2b for Malaysias AI infrastructure

The pledge comes a few days after CEO Satya Nadella announced a similar US$1.7 billion commitment for Indonesia amid a whirlwind Southeast Asia tour.

2 May 2024 12:45 pm
Shopees latest conundrum

In The Checkout this week, we look at Shopees bet on short video and examine the implications of TikToks potential US ban in Southeast Asia.

2 May 2024 12:30 pm
50 rising startups in Singapore

Which startups are on the path to becoming the next big thing?

2 May 2024 12:30 pm
Singapores Anywheel gets green light to expand fleet to 35,000

This extends Anywheel's lead as Singapore's largest bike-sharing company in terms of fleet size.

2 May 2024 9:37 am
Capital SEA: Southeast Asias funding landscape

Who are the new active investors on the block? Which funding rounds look like outliers? This visual story answers all this and more.

2 May 2024 9:30 am
Shopee ramps up short-video efforts, but can it fend off TikTok Shop?

Shopee is offering deep discounts on its short videos channel to draw in younger users, creators, and new sellers. It's already seeing some results.

2 May 2024 7:25 am
Twitch launches TikTok-like short-video feature

Called Discovery Feed, the feature comes mere days after the US greenlit a likely ban for the ByteDance-owned short-video app.

1 May 2024 3:24 pm
Meet the 80 top-funded startups and tech companies in Southeast Asia

Here are the companies in Southeast Asia that are attracting tons of investors and have the resources to spend on software, talent, and expansion.

1 May 2024 2:30 pm
Indonesias Blibli earns $241m in revenue for Q1, cuts EBITDA loss by 30% YoY

Part of the growth came courtesy of Tiket.com, its online travel agent business, which benefited from a surge during the Ramadan period.

1 May 2024 1:42 pm
50 rising startups in Southeast Asia

Which startups are on the path to becoming the next big thing?

1 May 2024 12:30 pm
Traveloka repays $300m loan as travel sector recovers

The Indonesian firm took the loan in 2022 from BlackRock, Orion Capital Asia, Allianz Global Investors, and the Indonesia Investment Authority.

1 May 2024 9:51 am
A list of fundraising startups from Asia (Updated)

Fundraising is hard. To make things slightly easier, we've compiled this list of fundraising startups for our subscribers.

1 May 2024 9:30 am
Razer ordered to refund $1.1m for misleading mask marketing

The US Federal Trade Commission alleged that Razer advertised the Zephyr mask as N95-grade without the necessary certifications.

30 Apr 2024 4:22 pm
Bank Neo Commerce names former HSBC, Maybank exec as new CEO

The digital bank has appointed Eri Budiono as its new CEO, replacing Tjandra Gunawan, who resigned in June 2023.

30 Apr 2024 4:19 pm
Foodpanda launches own food, groceries label

The new items will be available in all Pandamart stores across its markets.

30 Apr 2024 3:47 pm
Temasek-backed PsiQuantum to build first commercial quantum computer

Creating it will involve building increasingly larger and more sophisticated systems ahead of the 2077 target launch.

30 Apr 2024 3:21 pm
Betagro launches $30m foodtech, agritech VC arm

The Thai foodtech firm's fund will provide startups with financial backing and access to the companys network.

30 Apr 2024 1:57 pm
Ola trims workforce, CEO steps down

Hemant Bakshi reportedly left the company due to disagreements on team-building approaches with Ola founder Bhavish Aggarwal.

30 Apr 2024 1:46 pm
Microsoft to invest $1.7b for AI, cloud infrastructure in Indonesia

The company said it marks the single largest investment in Microsofts 29-year history in the country.

30 Apr 2024 1:24 pm
GoTo to divest Tokopedias logistics unit in Q2 2024

This comes after the company completed the transaction of Tokopedias acquisition by TikTok on January 31.

30 Apr 2024 11:46 am
The players jostling in Singapores crowded fintech space (update)

Funding into fintech startups in the city-state went down by 35% to US$1.49 billion last year, according to Tech in Asia data.

30 Apr 2024 10:36 am
Climate tech has a bankability problem, but there are 3 ways to fix that

The complex nature of climate tech - coupled with the risk involved in backing it - makes it a tough sell for many VC firms.

30 Apr 2024 10:30 am
Ninja Van lays off about 10% of regional tech team

The Singapore-based logistics company's revenue declined 7% year on year in FY 2023, mainly due to an almost 20% drop in parcels handled.

30 Apr 2024 10:11 am
Down but not out: Tech winter not slowing this VCs Vietnam ambitions

For Monks Hill Ventures Justin Nguyen, Vietnams potential is indisputable even in the face of a funding slowdown.

30 Apr 2024 9:30 am
GoTo narrows adjusted losses by 89%, boosts gross revenue by 18% in Q1

The Indonesia-based firm expects to hit group adjusted EBITDA breakeven for the full 2024 year.

29 Apr 2024 7:20 pm
SG healthtech firm bags $7m from Aldevron co-founder, 22Health Ventures

Thrixen's tech allows for a rapid test to distinguish between bacterial and viral infections within 10 minutes based on a finger-prick sample.

29 Apr 2024 4:17 pm
Indonesian news outlet DailySocial.id lays off whole staff amid major restructuring

DailySocial.idwill still be publishing content and will not be shutting down its entire operations, CEO Rama Mamuaya toldDealStreetAsia.

29 Apr 2024 4:14 pm
Flourish Ventures strengthens Asia investment team with key hire

Ravi Kaushik will lead the firm's fintech investments and portfolio management in India and Southeast Asia.

29 Apr 2024 4:10 pm
SG fintech group hands out accreditations to 4 players under new code

Trustmark accreditations were given to Abnk, Atome, Grab, and SeaMoney.

29 Apr 2024 10:21 am