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AsiaTechDaily Writer @ AsiaTechDaily 2 place · 08/04/2023 03:43 EDT

The beauty market is increasingly adopting simulation technology, providing personalized style suggestions. Through an app, users receive recommendations for makeup products like lipstick and foundation that match their skin tone, providing valuable guidance for purchases. However, hair design is a different game. Compared to cosmetics, it’s pricier and less reversible. An unsatisfactory haircut, perm, or ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily · 08/04/2023 03:43 EDT

Leading the Global Beauty Industry with Smart Mirror Technology: An Interview with Yoo Jae-jeong, Vice President of ‘Mirroroid’

The beauty market is increasingly adopting simulation technology, providing personalized style suggestions. Through an app, users receive recommendations for makeup products like lipstick and foundation that match their skin tone, providing valuable guidance for purchases. However, hair design is a different game. Compared to cosmetics, it’s pricier and less reversible. An unsatisfactory haircut, perm, or ... Read more ›

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AsiaTechDaily
James Jung @ AsiaTechDaily · 08/03/2023 04:55 EDT

HashKey Exchange Becomes Hong Kong’s First Licensed Crypto Trading Platform

HashKey Exchange has become the inaugural recipient of a license under Hong Kong’s new cryptocurrency regulatory framework. The approval allows the platform to legally facilitate the retail trading of tokens, as authorities aim to cultivate Hong Kong as a global hub for the crypto industry. Upgrading its existing licenses, HashKey now has the green light ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 2 place · 08/03/2023 02:43 EDT

Pangyo Techno Valley: Pioneering Global Urban Air Mobility Solutions

‘This is Engineering Inc.‘, a UAM (Urban Air Mobility) company based in Pangyo Techno Valley (CEO Yoo-jeong Hong), has launched SHIFT ZEROLAP, South Korea’s first commercial drone delivery service. Starting from August 1st, the service commenced operations at two water parks in Tancheon, Bundang-gu, Seongnam. This initiative is part of the ‘2023 Drone Demonstration City ... Read more ›

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AsiaTechDaily
Bitgaram @ AsiaTechDaily 3 place · 08/02/2023 05:31 EDT

China Extends Tax Incentives to Boost Tech Startup Investments and Innovation

China has announced the extension of favorable taxation policies for venture capital firms and individual angel investors investing in tech startups. Initially introduced in 2018, the policies have now been extended until the end of 2027, as stated in a joint announcement by the Ministry of Finance and State Taxation Administration. The primary objective of ... Read more ›

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AsiaTechDaily
Byung-ho @ AsiaTechDaily 2 place · 08/01/2023 06:17 EDT

Thailand’s HD Receives Funding Boost from FEBE Ventures to Expand Healthcare Solutions in Vietnam

Thailand’s health-tech company, HD, has secured investment from FEBE Ventures, a well-known venture capital firm headquartered in Vietnam. The funding will be crucial in expanding HD’s presence, primarily focusing on Vietnam, where the company identifies significant market potential for its healthcare and surgery solutions. Through this partnership, HD plans to offer its services and elective ... Read more ›

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AsiaTechDaily
Chan-yeol @ AsiaTechDaily 1 place · 07/31/2023 05:03 EDT

Vietnamese Ed-Tech Startup Vuihoc Secures US$6 M Investment Led by TNB Aura

Vuihoc, an ed-tech platform catering to K-12 Vietnamese students, recently secured a significant US$6 million investment in a Series A funding round led by TNB Aura. The funding also had participation from TKG Taekwang, IBK-STIC Pioneer Fund, and existing investors, including Do Ventures, BAce Capital, and Vulpes, further highlighting the confidence in the startup’s potential. ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 3 place · 07/31/2023 03:53 EDT

Lee Hoon, CEO of EVAR, an EV Charging Solution, Aims to Lead the Future EV Era

As global warming causes abnormal climate problems around the world, everyone is paying attention to solutions for environmental issues. The automobile industry is also rapidly changing to address these challenges. Demand for cars that run on fossil fuels has decreased, while cars that run on alternative energy sources such as hydrogen and electricity have become ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 2 place · 07/31/2023 03:53 EDT

Lee Hun, CEO of EVAR, an EV Charging Solution, Aims to Lead the Future EV Era

As global warming causes abnormal climate problems around the world, everyone is paying attention to solutions for environmental issues. The automobile industry is also rapidly changing to address these challenges. Demand for cars that run on fossil fuels has decreased, while cars that run on alternative energy sources such as hydrogen and electricity have become ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 2 place · 07/30/2023 05:10 EDT

Top 4 Email Security Solutions to Protect from Spam and Phishing Attacks

The repercussions of falling victim to cyber-attacks are severe, ranging from financial losses and regulatory fines to tarnished brand reputation and a loss of customer trust. The fallout from a phishing attack extends beyond monetary losses. A data breach significantly affects consumer confidence, making customers wary and prompting them to seek safer alternatives. This loss ... Read more ›

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AsiaTechDaily
AsiaTechDaily Writer @ AsiaTechDaily 1 place · 07/27/2023 07:38 EDT

Pangyo Techno Valley Game Companies Target Middle East Investment Opportunities

The Korean Ministry of Culture, Sports and Tourism (headed by Minister Park Bo-gyun) conducted an investment briefing on July 24, focused on attracting investment from the UAE sovereign wealth fund for content industries, including games, dramas, and webtoons. The briefing was held in collaboration with the Korea Development Bank’s UAE Investment Cooperation Center. This investment ... Read more ›

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AsiaTechDaily
Chan-yeol @ AsiaTechDaily 2 place · 07/27/2023 05:17 EDT

Singapore’s Sunrate Secures Series D-2 Funding Led by Peak XV Partners for Global Expansion

Sunrate, a global smart payment and treasury management platform, has successfully raised an extended Series D (Series D-2) funding round from Peak XV Partners, formerly Sequoia Capital Southeast Asia. The round included  Prosperity7 Ventures and Softbank Ventures Asia.  Sunrate’s recent series D2 funding round has provided the necessary financial impetus for the company to further ... Read more ›

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AsiaTechDaily
James Jung @ AsiaTechDaily 2 place · 07/26/2023 07:28 EDT

Crypto.com and LINE Xenesis Join Hands to Drive Crypto Innovation in Asia

Crypto.com and LINE Xenesis, the blockchain arm of messaging app Line, have joined forces to strengthen their presence in the Asia Pacific region and the global crypto industry. In a recent announcement, Crypto.com revealed a Memorandum of Understanding (MoU) with LINE Xenesis Corporation. The collaboration is expected to leverage Crypto.com’s tailored business solutions, enabling it ... Read more ›

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AsiaTechDaily
developer @ AsiaTechDaily 1 place · 07/26/2023 02:35 EDT

Venture Capital Firm Goodwater Secures $1 Billion in New Funding

Venture capital firm Goodwater has concluded its latest funding round, raising $1 billion in capital commitments for its fifth early-stage and third opportunity-style funds. With this successful raise, the firm now manages $3.3 billion in assets. Most of the capital, 60%, will be allocated to early- and seed-stage startups. Founded in 2014 by industry veterans ... Read more ›

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AsiaTechDaily
developer @ AsiaTechDaily 2 place · 07/25/2023 06:55 EDT

Singapore’s Bunker Raises US$5 M to Expand Financial Analytics Platform in the Region

Singapore-based financial analytics platform Bunker has successfully raised over US$5 million in pre-seed and seed funding from a group of regional investors. The funding round was led by Northstar Group, Alpine Ventures, Patamar Capital and January Capital along with GFC, Money Forward, Alpine Ventures, Patamar Capital and nine angel investors and nine angel investors. The ... Read more ›

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AsiaTechDaily
Byung-ho @ AsiaTechDaily 1 place · 07/21/2023 07:45 EDT

Singapore’s XM Group Secures AIOX-led Funding for Global Expansion

Singapore-based global design studio XM HoldCo Pte Ltd and its subsidiaries, collectively known as the XM Group, have successfully concluded their latest fundraising round. The funding was led by AIOX Apex Angel Fund (AIOX) and saw participation from some of the company’s existing institutional shareholders, including Heliconia Capital Management Pte Ltd and ICH Capital. In ... Read more ›

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AsiaTechDaily
Michael Tan @ AsiaTechDaily 2 place · 07/21/2023 07:03 EDT

Navigating Startup Growth: The Hero’s Guide to Success

Unlocking growth is a critical milestone for startups, marking their journey from survival to prosperity. However, achieving this feat is far from straightforward, as it requires understanding the true desires of customers, often overlooked in conventional playbooks needing more customer empathy. Tae Hea Nahm, Co-founder of Storm Ventures and B2B tech startups investor, announced the ... Read more ›

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AsiaTechDaily
Team AsiaTechDaily @ AsiaTechDaily 3 place · 07/21/2023 03:26 EDT

AIMMO, an AI Data Firm for Self-Driving Mobility, Strengthens Its Global Business Presence at Pangyo Zero City

The market for self-driving vehicles is a topic of interest for the global IT industry and governmental bodies. Apart from essential hardware like LiDAR and cameras, there’s a high demand for the software that orchestrates autonomous driving. AIMMO, renowned for its AD-DaaS solution—a specialized solution for autonomous driving AI data—exhibited its technology at ‘Auto.AI USA’, ... Read more ›

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AsiaTechDaily
Bitgaram @ AsiaTechDaily 2 place · 07/20/2023 04:16 EDT

Maka Motors Raises One of Southeast Asia’s Largest Seed Funding Rounds for EV Two-Wheelers

Indonesia’s Maka Motors, an electric vehicle startup specializing in two-wheelers, has successfully concluded its seed funding round, raising US$37.6 million. The company, co-founded by two former executives from the Indonesian ride-hailing giant Gojek, managed to secure the funding while still in the research and development stage, making it one of the largest seed funding rounds ... Read more ›

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AsiaTechDaily
developer @ AsiaTechDaily 2 place · 07/19/2023 06:36 EDT

Alibaba’s invests $845 Million in Lazada

Alibaba has infused an additional sum of USD 845.44 million into Lazada, as reported in a filing by Tech in Asia. The funding is expected to help Lazada support local merchants, equipping them to navigate the intensifying rivalry in the local market.  As per calculations, this latest funding brings the Chinese tech giant’s total investment ... Read more ›

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