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Manus founders seek $1B to buy company back from Meta
Investors said to be in discussions to finance deal with plan for Hong Kong IPO
14 hrs ago
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Jon Russell
5
1
Singapore lands OpenAI, Google and Nvidia as it bids to be global AI hub
US giants will develop and deploy tech as part of Singapore’s ambitious national AI strategy
May 21
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Jon Russell
6
Uber eyes Korea's Baemin as Asia ambitions return
Plus Malaysia lands a rare tech IPO and a $240M exit.
May 20
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Jon Russell
4
1
Apple Pay stalls in India as Kalshi and Polymarket test the rules
Banks don’t really need Apple’s payment system, which makes negotiating hard
May 19
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Jon Russell
2
1
India’s Rapido raises $240M more to intensify its fight with Uber
Plus Nvidia restarts China sales, blockbuster funding for India chip startup and more
May 18
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Jon Russell
2
2
Alibaba bets on AI’s future. Tencent is cashing in now
China’s two tech giants have a lot in common, but not when it comes to AI and investor relations
May 14
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Jon Russell
3
1
Shopee is still growing like crazy
Sea’s unique business model means its gaming and fintech can continue to fund e-commerce growth
May 13
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Jon Russell
3
1
Amazon failed in Southeast Asia because it never even tried
The US firm lacked stomach for a disjointed region that lacks infrastructure and requires patience
May 12
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Jon Russell
7
2
1
China’s Wild West of cheap access to Claude, ChatGPT and more
Plus, a recap of all the major Asia tech news from last week.
May 11
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Jon Russell
6
Hong Kong fintech Reap is being bought by US crypto giant Kraken for $600 million
Landmark deal gives Kraken both an Asia and stablecoin growth story ahead of IPO
May 8
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Jon Russell
8
1
TikTok doubles down on Southeast Asia with $25B data centre investment
The social app is building three data centres and hosting infrastructure projects in Thailand to support regional growth
May 7
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Jon Russell
4
Thailand’s True Money wants to use stablecoins to ease overseas spending and investing
It all makes sense, but getting permission from regulators and banks will not be easy
May 6
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Jon Russell
4
1
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