Tech in Asia

🚀💼 Which investors are writing the most checks to Hong Kong's startups? - Want to keep up with the ins and outs of the #tech ecosystem in Asia? Sign up for free at techin.asia/newsletters

🌏🤖 Here are the AI companies in Asia that have attracted tons of investors and have the resources to spend on software, talent, and expansion. The UAE-based G42 raised US$1.5 billion, while China's MiniMax net US$850 million. - Want to keep up with the ins and outs of the #tech ecosystem in Asia? Sign up for free at techin.asia/newsletters

Malaysia, Indonesia vie for IPO supremacy amid SEA revival 👉 Read more: https://buff.ly/49TdQNi Indonesia and Malaysia are vying to lead ASEAN's IPO market by 2025 amid political stability and economic improvement. 📈 Malaysia led IPOs in 2024, raising $1.6 billion, driven by economic diversity and regulatory support. 🇮🇩 Indonesia's 2024 IPOs dipped due to elections and market conditions but may rebound with political stability. 🗞️ Thailand, third in ASEAN, saw moderate IPO growth, buoyed by economic recovery and regulatory initiatives.

🚀🛒 The Alibaba Group-(주)이마트 (EMART Inc.) joint venture aims to compete with local ecommerce leaders like Naver Corp. and Coupang Inc. - Want to keep up with the ins and outs of the #tech ecosystem in Asia? Sign up for free at techin.asia/newsletters

🤖📊 With 671 billion parameters and trained on 14.8 trillion tokens, DeepSeek V3 was developed in two months for US$5.5 million. - Want to keep up with the ins and outs of the #tech ecosystem in Asia? Sign up for free at techin.asia/newsletters

🤖💡 SYNC’s thought leaders reveal their dream AI solutions and more. - Want to keep up with the ins and outs of the #tech ecosystem in Asia? Sign up for free at techin.asia/newsletters

Some of the brightest minds in AI came together at #SYNC2024 to unpack the future of the industry. Watch us quiz Min-Liang Tan from Razer Inc., Damian Kim (金敬烈) from Meta, Ofir Shalev from GoTo Group, Casatrina Lee from Singapore Economic Development Board (EDB), and George Wang from Singapore Airlines, on their thoughts about AI and its potential in various verticals. This video was made in partnership with Singapore Economic Development Board (EDB). SYNC is Tech in Asia’s annual, exclusive summit that brings together key decision-makers from across Asia to create and seize opportunities for advancing technology in the region. Missed out on this year’s edition of SYNC? Make sure you’re in the loop for 2025 by registering your interest early on the SYNC website today: https://lnkd.in/gZpMTS5u

🔒⚖️ Meanwhile, FTX founder Sam Bankman-Fried, sentenced to 25 years for fraud, has no listed release date. - Want to keep up with the ins and outs of the #tech ecosystem in Asia? Sign up for free at techin.asia/newsletters

Southeast Asia's startup landscape faces turbulence amid financial probes and evolving market conditions. ⚖️ eFishery, a Jakarta-based unicorn, is under investigation for financial irregularities, raising concerns about the region's market. 📊 Economic changes in Indonesia, Vietnam, and the Philippines prompt investor shifts, with new taxes and data laws impacting digital services. 🌐 The US's potential tariff hikes under Trump could challenge Vietnam and the Philippines' economies, yet investor optimism persists, focusing on strategic growth opportunities. Equity Labs' managing director Filbert Richerd Ng Tsai, TOMO Coffee's co-founder and CEO Ryan Llamoso, ecommerce enabler Etaily's CEO Alexander F., Golden Gate Ventures' founding partner Vinnie Lauria, Boston Consulting Group (BCG) Vietnam office's managing partner ILDONG KWON, AVV (Ascend Vietnam Ventures)'s partner Binh Tran, and Kairous Capital's president Joseph Lee, CFA told us more. Story by Elyssa Lopez, editing by Collin Furtado and Eileen C. Ang. - Want to keep up with the ins and outs of the #tech ecosystem in Asia? Sign up for free at techin.asia/newsletters

🚀💼 The common wisdom suggests that having at least 18 months of runway provides a sense of security for startups to continue shipping at full speed. - Want to keep up with the ins and outs of the #tech ecosystem in Asia? Sign up for free at techin.asia/newsletters