Google inks patent deal with Tencent

 Google has yet more news from China after the U.S. search firm announced a patent cross-licensing agreement with Chinese tech giant Tencent. The terms were not disclosed, but Google said...

WhatsApp reportedly testing anti-chain letter spam warning

 WhatsApp appears to be testing a new feature aimed at trying to limit the spread of chain letter style spam messages on its platform. Read More Source link

Google moves into Shenzhen in latest China expansion

 A month after announcing plans to open its first AI lab in China, Google is expanding again through a move into Shenzhen. The U.S. tech giant has opened an office...

Southeast Asia gaming and e-commerce firm Sea ends first day on NYSE up 8%

 Sea, the gaming and e-commerce company holding the first major U.S. IPO from a Southeast Asian tech firm, had a bumpy start to life on the NYSE after closing the...

Tencent becomes the first Chinese tech firm valued over $500B

 Tencent has became the first Chinese company to be valued at more than $500 billion. Shares of the 19-year-old company, which is listed on the Hong Kong Stock Exchange, rallied...

Indian home healthcare platform Portea Medical raises $26M Series C

 Portea Medical, one of India’s biggest platforms for home healthcare visits, has raised $26 million in Series C funding to expand its service range. The round was led by Sabre...

Southeast Asian e-commerce startup Carousell closes $70-$80M Series C round

 Singapore-based startup Carousell is in the money this week after it closed a Series C round of between $70-$80 million, two sources with knowledge of the deal told TechCrunch. Started...

WeWork banks on a local approach and Powered By We to crack Southeast Asia

 WeWork charged into Asia two years ago but it finally moved into Southeast Asia in the second half of 2017 through the acquisition of SpaceMob and the opening of its first...

Alibaba’s Ant Financial partners with Hutchison to develop its Alipay service in Hong Kong

 Ant Financial, the Alibaba affiliate that operates payment service Alipay and other digital finance products, has continued its Asia expansion with a move into Hong Kong. Alipay and Alibaba’s MyBank digital...

China’s Didi Chuxing raises $4B more for AI, international expansion and electric vehicles

 China’s Didi Chuxing, the country’s top ride-hailing company, said today that it has raised $4 billion in new capital to support a range of new initiatives including international expansion. The company...
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APLICATIONS

Chinese game streaming platform Chushou raises Series D, adds Google as...

 Google has added Chinese mobile game livestreaming platform Chushou to its list of investments in Asia. The Beijing-based startup announced today that it...

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