A lot can change in 12 years. When I first joined TechCrunch in 2012, I was the only writer it had based out of Asia. For several years, it often felt like I was writing to correct misperceptions I saw in my articles’ comments or on Twitter. Even though Baidu, Alibaba, and Tencent were innovating [...]read moreDon t ignore Asia tech TechCrunch
Meta CEO Mark Zuckerberg, who is touring Asia countries this week, said in a meeting with South Korean President Yoon Suk Yeol on Thursday that Meta wants to beef up its cooperation with Samsung Electronics for AI chips to offset geopolitical risk issue in Taiwan, where TSMC, the world’s biggest contract chip manufacturer, is headquartered. [...]read moreMeta’s Zuckerberg woos big tech in Asia to double down on AI chips
A day before the two-year anniversary of Russia’s invasion of Ukraine, the European Union released an exhaustive new list of companies, entities or people in countries including Russia, India, Iran, China and Syria, that it said it was sanctioning over allegations that they were connected to Russia’s defence and security sector. The new sanctions added [...]read moreWhy has the EU sanctioned Indian, Chinese companies for Russia links? | Russia-Ukraine war News
India’s entertainment market is already one of the world’s biggest, with the merger expected to further shake up the multibillion-dollar industry. India’s Reliance Industries and Walt Disney of the United States have announced the merger of their India TV and streaming media assets, creating an $8.5bn entertainment powerhouse far ahead of rivals in the world’s [...]read moreReliance, Disney announce $8.5bn merger to create Indian media powerhouse | Media News
Islamabad, Pakistan – Who will be the next prime minister of Pakistan? That will be the big question as the country’s parliament convenes on Thursday for the first time after the controversial February 8 national elections, marred by large-scale allegations of rigging and manipulation of results. The tense election threw a split verdict, with independent [...]read moreAs Pakistan’s newly elected parliament meets, a look at the PM candidates | Politics News
A growing roster of vertical AI startups is emerging in Southeast Asia to serve sectors ranging from seafood to finance. Singapore-based venture capital firm Antler recently made a bet on 37 of them, investing $5.1 million in total for pre-seed deals. This included a strategic partnership with Khazanah, Malaysia’s sovereign wealth fund, which invested into [...]read moreAntler’s founder on its vertical AI bet in Southeast Asia
By Reuters API Published Feb 9, 2024 Cosmetics group L’Oreal reported a 6.9% rise in fourth quarter sales, slower growth than in the previous quarter, as its travel retail business continued to feel the pinch from changes in regulations of daigou resellers. L’Oreal The Paris-based group, which owns labels ranging from Lancome to Maybelline, said [...]read moreL’Oreal Q4 sales up 6.9% despite decline in North Asia
The Body Shop owner Aurelius is to sell parts of the British ethical beauty retailer’s ops in Europe and Asia. DR Aurelius, the Germany-based private equity firm that bought The Body Shop from Brazil’s Natura &Co for £207 million in November, has signed an agreement with “an international family office to sell its business in [...]read moreBody Shop to sell parts of its Europe, Asia business, UK unaffected