KrASIA | Spotlighting Asia’s next wave of innovations
WEBKrASIA reports the most promising trends and businesses across the tech and startup ecosystems in the Asia Pacific. Uncover the next wave of innovations with us.
The future of agrifood tech in Southeast Asia: Agriculture in the ...
WEBApr 20, 2022 · Southeast Asia is poised to become a key market for agritech investment as consumers and businesses in the region go online at a rapid pace. According to AGFunder, agrifood tech startups globally raised USD 51.7 billion in 2021, almost double the USD 27.8 billion raised in 2020. As agritech solves the challenges of agriculture and food ...
Ant Group-backed MediTrust Health gets USD 300 million in
WEBAug 10, 2021 · News Ant Group-backed MediTrust Health gets USD 300 million in Series C, plans IPO by end of 2021. Written byKrASIA Connection Published on 10 Aug 2021 2 mins read
The top six Chinese coffee companies in 2020 bringing caffeine
WEBApr 16, 2020 · The company currently has over 4,300 locations nationwide as of December 2019, and it is aiming for 6,000 locations by 2022. The companies keeping China caffeinated. Among the new coffee companies in China that have joined the race to challenge Starbucks, Luckin is the most well-known, with more than 4,500 stores as of December 2019.
PropertyGuru to delist from NYSE following USD 1.1 billion
WEBAug 19, 2024 · In a move that underscores a significant shift in strategy, PropertyGuru, one of Southeast Asia’s leading prop tech companies, has announced its acquisition by EQT Private Capital Asia in an all-cash transaction valued at approximately USD 1.1 billion. This development comes after years of preparation for an IPO and signals a new chapter in ...
Southeast Asian e-commerce: TikTok disrupts the market, Shopee …
WEBJan 24, 2024 · Despite having abundant funds, Lazada, due to frequent changes in its management team, allowed the later player Shopee to catch up. Starting in 2018, Lazada changed its CEO four times, leading to internal chaos.It wasn’t until January 2022, when Jiang Fan, the former president of Taobao Tmall Commerce Group, took charge of Alibaba’s international business, that Lazada was reorganized ...
About us - KrASIA
WEBKrASIA is a digital media company reporting on the most promising technology-driven trends and businesses in the Asia Pacific. Founded in 2017, KrASIA is a tech media platform that covers news from the tech and startup ecosystems in Asia. From fundraising news to analysis of the latest tech trends, we help our audience keep up with the ...
Grab and Gojek may be forming Southeast Asia’s most complex …
WEBDec 8, 2020 · An investor who is familiar with the situation told KrASIA that the merger will be beneficial from a stakeholder’s viewpoint. Grab and Gojek need to focus on sustainability very soon to rationalize their valuation, the person said. And the two companies have a new common enemy: Sea Group has emerged from the pandemic with a …
Insights Archives - KrASIA
WEBInsights. TikTok Shop’s GMV soared in 2023, putting Shopee and Lazada on edge. With GMV skyrocketing to USD 16.3 billion in 2023, TikTok Shop is shaking up Southeast Asia’s e-commerce market, giving Shopee and Lazada a run for their money.
TikTok breaks new ground in Southeast Asia with local services pilot
WEBJul 16, 2024 · 36Kr has exclusively learned that TikTok is testing local services overseas, starting with Southeast Asia, with operations already launched in Indonesia and Thailand.. A source involved in TikTok’s e-commerce services in Indonesia disclosed to 36Kr that TikTok’s local services are still in the internal testing phase. Only a select group of users can see related group-buying packages in ...