Indonesian e-commerce unicorn Bukalapak raises $50M – TechCrunch

The chances are you may be familiar with Tokopedia, especially after it commanded a $7 billion valuation last November when it raised $1.1 billion from investors like Alibaba and SoftBank’s...

Tesla to recall 14,000 Model S cars in China over faulty Takata airbags –...

China’s top market regulator said on Friday that Tesla will recall a total of 14,123 imported Model S vehicles in the country over potentially deadly airbags. The recall is part of...

New policy puts revenue squeeze on China’s payments giants – TechCrunch

The era that saw China’s mobile payments providers making handsome interest returns on client money has officially ended. Starting this week, non-bank payments companies must place 100 percent of their customer...

Byju’s buys Osmo for $120M to add blended learning to its $4B digital education...

Weeks after it raised a massive $540 million funding round, Indian education unicorn Byju’s is on the M&A path. The company announced today it has snapped up U.S.-based Osmo, a...

EVs and online marketplaces thrive despite slump in Chinese car sales – TechCrunch

China’s massive auto market hit the brakes last year as trade tensions and a softening economy dampened consumer confidence, but one segment soared on account of increasing internet penetration —...

Apple HomePod comes to China at $400 amid iPhone sales woes – TechCrunch

Apple is finally launching HomePod in China, but the timing is tricky as the premium device will have to wrestle with local competitors and a slowing economy. The firm...

Xiaomi’s five-year plan is a $1.5 billion bet on smart homes – TechCrunch

Xiaomi, the Chinese company best known for budget phones, is betting big on a future of connected homes. It plans to plough at least 100 billion yuan, or $1.48...

World’s most valuable AI startup SenseTime unveils self-driving center in Japan – TechCrunch

The world’s highest-valued artificial intelligence startup SenseTime has set foot in Japan. The Beijing-based firm announced on Friday that it just opened a self-driving facility in Joso, a historic...

First buses, now Shenzhen has turned its taxis electric in green push – TechCrunch

Roads in a Chinese city have gotten much quieter in recent years. Shenzhen, widely called the Silicon Valley of hardware, has been expending resources to phase out rattling diesel vehicles...

Singapore activist found guilty of hosting ‘illegal assembly’ via Skype – TechCrunch

An ongoing case in Singapore is testing the legal boundaries of virtual conferences. A court in the Southeast Asian city-state this week convicted human rights activist Jolovan Wham of organizing...