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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia · 11/10/2021 21:50 EDT

What’s making up SEA’s trillion-dollar digital economy?

60 million new digital consumers have been added since the pandemic began; 20 million of them in the first half of this year alone. The digital economy in this region is predicted to be valued at US$174 billion in GMV by the end of this year, and US$363 billion by 2025. Southeast Asia’s growth would... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia · 11/10/2021 19:50 EDT

India’s Mahindra expects half of sales to be of EVs by 2030

India’s goal to increase the adoption of EVs might bear fruit soon as industry players such as Mahindra Group respond to the government’s calls.  Mahindra & Mahindra, an Indian automaker, said last month at a forum that it expects half of its vehicles sold by 2030 to be electric, reported CNBC. This is despite the... Read more » Read more ›

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia · 11/09/2021 23:50 EDT

Gojek + Tokopedia GoTo court over trademark

PT Terbit Financial Technology has filed a lawsuit against Gojek and Tokopedia for the usage of the name GoTo. The company claims that it has the right to the brand GoTo, between March 10 2020 and March 10 2030. GoTo is apparently aware of this issue and will follow through the ongoing legal process until... Read more » Read more ›

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 2 place · 11/09/2021 21:50 EDT

Australia invests in more EV charging stations

Electric vehicle (EV) charging stations are becoming increasingly in demand as the number of EV cars on the roads increases as well. Many countries and organizations are already promoting EV vehicle usage, with some even offering tax reductions on the purchase of such vehicles. For example, the Malaysian government recently announced that there will be... Read more » Read more ›

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 1 place · 11/09/2021 19:50 EDT

Gojek and Gogoro kick off battery swapping ecosystem in Jakarta

A new pilot scheme in Jakarta will introduce a battery swapping network and two-wheel electric vehicles to Indonesia. The project is a collaboration between Gojek, Indonesia’s largest mobile on-demand services platform, and Gogoro, a global technology leader in battery swapping ecosystems. It brings in 250 Gogoro Smart scooters and sets up four GoStation battery swapping... Read more » Read more ›

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Tech Wire Asia
ChannelAdvisor @ Tech Wire Asia 1 place · 11/09/2021 16:34 EDT

Razer Increases Marketplace GMV by 10x in Select Regions

Choice of marketplaces and managing presence on them is complex and never easy. Here's how Razer got onto many international market places using the service from ChannelAdvisor. Read more ›

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia · 11/09/2021 01:50 EDT

Indian star Kamal Haasan to launch metaverse avatar

Film superstar Kamal Haasan is set to become the first Indian actor to launch an avatar in the “metaverse” as celebrities seek to expand their fan base into the virtual world. Haasan, who turned 67 on Sunday, said in a statement on his birthday that he was “excited to explore the emerging intersection of the... Read more » Read more ›

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia · 11/08/2021 22:50 EDT

Alibaba risks dominance in China as shoppers evolve

Competitors in China are evolving aggressively, causing Alibaba to lose market share as consumers shift from targeted product searches to browsing and interaction. Alibaba’s share of China’s retail e-commerce market has fallen to a projected 51% in 2021 from 78% in 2015. For almost two decades, Jack Ma-owned Alibaba was the indomitable e-commerce champion in... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia · 11/08/2021 21:50 EDT

New Zealand to invest US$5.8M into Medtech ventures

Medtech is reportedly the most promising of healthcare investment prospects in the Asia Pacific (APAC), according to regional experts. Biopharmaceuticals (biopharma) are a type of medicinal product that involves creating extraction, synthesis, or semisynthesis from biological sources. The most well-known product which is been used widely these days would be COVID-19 vaccines.  The New Zealand... Read more » Read more ›

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 3 place · 11/08/2021 19:50 EDT

Honda to enable battery sharing for electric tricycles in India

India is home to about 1.5 million battery-powered, three-wheeled electric tricycles or rickshaws on its roads. The subcontinent is also seeing about 11,000 news ones hit the streets almost every month, in a market worth around US$ 1.5 billion. As the Indian economy continues to grow, energy demand is increasing and air pollution is worsening.... Read more » Read more ›

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 3 place · 11/07/2021 23:50 EDT

Greenlight for Huawei, SMIC to buy goods and tech despite being on the US trade blacklist

The document shows that 113 export licenses worth US$61 billion were approved for suppliers to sell goods to Huawei. For SMIC, 188 licenses valued at nearly US$42 billion were greenlighted. The licenses for these companies to purchase American goods and technology will be active between November and April next year. Since 2017, more than 100... Read more » Read more ›

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 3 place · 11/07/2021 21:50 EDT

Commonwealth Bank of Australia now provides crypto trading services

Crypto trading in many countries is still in its infancy stages or awaiting regulatory approvals. In the financial sector, most banks had refused to do business with cryptocurrency providers in the past, with only a handful of banks in Europe and the US offering crypto trading services. In China,  the government has ordered a halt... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia 1 place · 11/07/2021 19:50 EDT

China boiling mad over Taiwan’s TSMC handing over chip data to the US

Taiwan’s TSMC has come under fire by China for its decision to comply with a US request for information. This anger, which has manifested itself on Chinese social media stems from fears that the US could use the information to sanction Beijing.  This is, however, despite the Taiwan chipmaker saying that it would not “reveal... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia 1 place · 11/05/2021 03:15 EDT

Subsidies for electric cars in Delhi, India to be withdrawn

Electric vehicles in India have seen increased interest in recent times. But as EV uptake has increased, this has led the Delhi government to withdraw its subsidies on EV cars instead. EV purchase subsidies are one of the key features of the Delhi EV policy. According to transport minister Kailash Gahlot, the government has no... Read more » Read more ›

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Tech Wire Asia
Jamilah Lim @ Tech Wire Asia 2 place · 11/04/2021 23:19 EDT

Should you be using AI to solve your online retail woes?

AI use is commonplace in multiple industries, including retail, especially for digitalized retailers who provide e-Commerce. Whilst e-CommerceDigital retail today can be defined as an omnichannel experience that allows consumers to easily maneuver and engage with a business’s platform. This, in turn, provides the information and education to facilitate purchasing decisions.  In the second part... Read more » Read more ›

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Tech Wire Asia
Rebecca Oi @ Tech Wire Asia 2 place · 11/04/2021 21:10 EDT

Femtech in Asia: No, it’s not just about sex toys

“Why femtech? Why should I care? Isn’t it only about sex toys?”  That pretty much summed up most people’s first impression of female technology in Southeast Asia, as Viracha (Pear) Poolvaruk and Francesca Geary-Stingl of Fermata Singapore recalled in a virtual event last September. “When I say I work for a women’s health marketplace, they... Read more » Read more ›

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 3 place · 11/04/2021 00:50 EDT

Hyperautomation soars in APAC as businesses aim for recovery

As enterprises begin realizing the benefits of automation, the demand for hyperautomation is now increasing among some of them as well. Hyperautomation is the concept whereby everything in an organization can be automated. For most organizations, hyperautomation will streamline processes across their business with the use of Artificial Intelligence (AI), Robotic Process Automation (RPA), and... Read more » Read more ›

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Tech Wire Asia
Aaron Raj @ Tech Wire Asia 3 place · 11/03/2021 22:50 EDT

Increased usage of digital payments in India during the festive season

Despite the pandemic, digital payments in India have seen an increasing trend in recent times, especially with the rise of e-wallets and unified payments interface (UPI) becoming mainstream in the country. UPI is an instant real-time payment system developed by the National Payments Corporation of India facilitating inter-bank peer-to-peer and person-to-merchant transactions. With a population... Read more » Read more ›

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 3 place · 11/03/2021 20:50 EDT

Yahoo, Fortnite leaves China as crackdown on big tech intensifies

In less than a month, another two well-known US tech firm is exiting China, Fortnite and Yahoo, citing Beijing’s toughening rules for businesses. Fortnite, after running under a test mode for three years, is also pulling the plug on China, amidst the latest regulatory scrutiny within the Chinese gaming industry.  Less than a month ago,... Read more » Read more ›

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia · 11/03/2021 05:50 EDT

Here’s what the 2021 global chip shortage is all about

Experts reckon that shortage within the chip industry would go on until 2022. Chipmakers and governments are scrambling to build more capacity into supply chains.  There is also a recognition that chip supply chains must be diversified to decrease the reliance on Taiwan and South Korea. It’s 2021, and it has been over 18 months... Read more » Read more ›

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