Zhang Chuan has been with Meituan for eight years and will transition to an advisory role on May 1.
More: What businesses need to do to improve their AI-powered chatbots and what Chinese AI startup Zhipu is up to.
AutonomyAI has reached US$100,000 in monthly revenue from clients in Israel and the US Investors.
Here are the companies in Indonesia that are attracting tons of investors and have the resources to spend on software, talent, and expansion.
The breach affected an inactive system from eight years ago, exposing usernames, passkeys, and encrypted passwords.
The investment was led by Peak XV Partners, with participation from existing investors.
YouTube reports that 62% of Singaporean consumers have bought products discovered on the platform.
The Wild Ventures was co-founded by Bjorn Bergstrom, Arvid Lithander, Shannon Cullum, and Malin Renstrom.
The tariffs escalated trade tensions, raising concerns about economic fallout.
Malaysia will also participate in the ASEAN Geoeconomic Task Force, which will hold its first meeting soon.
The investment aims to enhance the transformation and upgrading of merchants on its platform.
The project will develop an 80.2-megawatt data center, operating under long-term contracts until Dec. 31, 2050.
Gulf Development, led by Thai billionaire Sarath Ratanavadi, debuted with its stock opening at 49.75 baht (US$1.45).
The company's lending revenue fell 53% YoY to 73 crore rupees (US$8.5 million), raising investor concerns.
Other regional currencies like Malaysia's ringgit, South Korea's won, and the Thai baht also declined.
In The Checkout this week, we look at Southeast Asia's key logistics players and Cainiao’s moves in Vietnam.
The funding will help expand its product range and geographical reach.
Prime Minister Anthony Albanese criticized the tariffs as "totally unwarranted".`
Hong Kong saw 15 IPOs in Q1 2025, raising HK$17.7 billion (US$2.27 billion), its strongest start since 2021.
Other potential buyers include Amazon, which reportedly submitted a last-minute bid, and a consortium of Oracle, Blackstone.
However, a fatal accident involving a Xiaomi SU7 in autopilot mode resulted in three deaths, with investigations ongoing.
Honor's new department will include five specialized labs focused on embodied AI and robotics research.
Before the Ied holiday on Mar. 27, the rupiah had closed at 16,555 rupiah per US dollar, showing a slight gain of 0.12%.
This follows tariffs of 20% on the EU, 24% on Japan, 25% on South Korea, and at least 54% on many Chinese goods.
South Korea's KOSPI index fell 2.7%, with automakers and chipmakers facing substantial losses.
The "Trump tariff shock" hit banks the hardest, with the sector dropping 7.2%, regional lender Resona Holdings losing 9.5%.
The de minimis provision has fueled growth for Chinese ecommerce platforms like Temu and Shein in the US.
The new tariffs will take effect on Apr. 5, with additional tariffs set for Apr. 9.
Aspire plans to launch Aspire Yield, an investment solution integrated into its business account platform.
Actively AI uses custom reasoning models to analyze company data and identify potential sales prospects.
Businesses of all sizes can tap into AI-driven automation to boost engagement and efficiency.
This marks a rare move for a Japanese bank to share sensitive client data with an external firm.
Founded in 2018 by Alice Albizzati and Elina Berrebi, Revaia closed its first fund in 2021.
Indonesia has been increasing tariffs on competing local products, especially in electronics, chemicals, and agriculture.
American senators have requested documents related to Meta's past plans to enter the Chinese market since 2014.
Launched in 2024, TikTok Notes was tested in Canada, Australia, and Vietnam before its shutdown.
Andreessen Horowitz previously invested US$400 million in Elon Musk's acquisition of Twitter.
More: A look at the vertical microdrama phenomenon and at the Shanghai AI lab that Microsoft closed down.
Here are the companies in Singapore that are attracting tons of investors and have the resources to spend on software, talent, and expansion.
AC Ventures sells half of its stake in the Philippine e-wallet to Mitsubishi, which will then own 50% of the VC firm.
It focuses on enhancing credit and insurance services for tech firms and promoting pilot projects to support bond financing.
The authors claim Meta used works from LibGen, a "shadow library" with over 7.5 million books, without permission.
SoftBank's investment, the largest in this round, would drop from US$30 billion to US$20 billion.
Despite the downturn, Musk remains optimistic, calling the situation a "buying opportunity" for investors.
Amazon's drones include the MK30 model, designed to be quieter and fly in light rain.
This case is one of the first major legal challenges by a news publisher against AI companies.
CaaStle has raised over US$530 million in funding, with its last round in 2019 totaling US$43 million.