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Southeast Asia’s tech ecosystem is a melting pot of startups and businesses of all sizes, all vying for rapid growth.

Southeast Asia

What fits the world in your pocket? Track device innovation, OS ecosystems, and connectivity shaping smartphone usage.

Smartphones

Indonesia

Smartphone sales in the country grew throughout the year and topped in the fourth quarter of 2020, with 20% sold online, said Counterpoint, which was analyzing shipment data. Lazada was the leading e-commerce site, followed by Shopee. “Blibli, Akulaku, Bukalapak, and JD.id made up a smaller proportion,” explained senior analyst Glen Cardoza.

Indonesian smartphone sales grew in 2020 amid the pandemic, reports say

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Decoding China&#039;s tech and business pulse

KrASIA

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Khamila Mulia

Traveloka, a Southeast Asian travel platform, helps users book flights, hotels, and local experiences seamlessly.

Traveloka

How does finance become frictionless? Examine digital banking, payment innovation, and lending platforms redefining financial access.

What drives global exploration? Discover evolving tourism trends, hospitality services, and the shift toward personalized travel experiences.

Travel

Thailand

Indonesian travel tech unicorn Traveloka on Friday announced that it will partner with SCB 10X, the innovation arm of Thailand’s Siam Commercial Bank (SCB), and form a joint company called Trex Ventures.Siam Commercial Bank is one of the largest lenders in Thailand and was reportedly involved in Traveloka's USD 250 million funding round in July last year. Together, the partners plan to create financial products that are tailored to meet the needs of travelers and lifestyle consumers in Thailand, said Pitiporn Phanaphat, chief business development and financial officer at SCB 10X.

Traveloka joins Siam Commercial Bank to create fintech products in Thailand

What sets the bar for convenience? Examine on-demand platforms, subscription models, and personalization transforming consumer expectations.

Consumer Economy

How do clicks replace aisles? Explore global marketplaces, payment solutions, and technology accelerating online retail’s growth.

E-commerce

Social commerce startup KitaBeli on Wednesday said that it has closed a USD 10 million Series A funding round led by Go-Ventures. Its seed-round investors AC Ventures and East Ventures also participated again.KitaBeli's mobile app allows users to share product price information with their social circle, and build teams to purchase desired items at competitive prices, similar to Chinese commerce giant Pinduoduo. Over time, the platform aims to connect suppliers and farmers to tens of millions of consumers in lower-tier cities across Indonesia.

KitaBeli bags new funding for its fast-growing social commerce app

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Ursula Florene

How do ideas shape industries? Learn how content, design, and digital artistry influence branding, marketing, and cultural impact.

Creative

What happens when viewers join in real time? Explore live streaming platforms, audience interaction tools, and brand opportunities in instant video.

Live Streaming

Asia Vision Network (AVN), the parent company of Indonesia-based video-streaming platform Vision+, will list on Nasdaq after merging with the Southeast Asia-focused blank-check company Malacca Straits Acquisition (MSA).AVN and MSA announced that they have signed a business combination agreement that values the combined company at USD 573 million. The transaction is expected to close in late Q2 or early Q3 2021.

‘Netflix of Indonesia’ merges with SPAC to list on US exchange

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Tech in Asia

How do markets shape wealth creation? Study portfolio diversification, asset classes, and strategies balancing growth and risk.

Investment

What fuels startup ecosystems? Review funding rounds, investor strategies, and market insights guiding entrepreneurial growth.

Venture Capital

VC firm Openspace Ventures earlier this month announced the closure of its third managed fund, raising USD 200 million, which brings the total capital under management to USD 425 million. Openspace director Ian Sikora told DailySocial that Indonesia is an important market, where they will continue to develop their presence.

Openspace Ventures targets Southeast Asia with its third fund

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DailySocial

Jakarta Police exposing online underage prostitution  conducted through MiChat, a Singaporean-based app. Screenshot from YouTube Humas Polda Metro Jaya.

What entertains a connected world? Track shifts in film, music, and media consumption, as platforms and audiences redefine cultural experiences.

Entertainment

Singapore

MiChat portrays itself as a free messaging and online dating app.

Singaporean chat app under fire for alleged use in underage prostitution case

Indonesian savings app, Pluang has raised USD 20 million in a pre-Series B round that was led by Openspace Ventures. Existing investors, including Go-Ventures, also participated. Co-founder and CEO Claudia Kolonas said in a statement that Pluang plans to expand its investment options in 2021, focusing on new financial products for simple and convenient access to a wider variety of asset classes

Indonesian savings app Pluang bags new funding amid investment boom in the country

Tokopedia, an Indonesian online marketplace, empowers entrepreneurs, brands, and SMEs to reach digital-savvy consumers.

Tokopedia

Tokopedia is a pioneer of e-commerce in Indonesia. After serving millions of consumers and merchants for more than a decade, this unicorn company is planning to go public in 2021, possibly through a merger with on-demand services and payment firm Gojek.

Inside Tokopedia, the Indonesian e-commerce company offering almost everything

What shapes modern healthcare and agriculture? Examine biotech startups, gene editing, and drug discovery unlocking biological potential.

Biotechnology

What lies beyond familiar frontiers? Investigate emerging tech—like quantum computing and AI—transforming traditional sectors.

Deep Tech

The Singaporean-based startup wants to reduce adverse drug reactions and increase prescription efficacy through pharmacogenetic testing.

Nalagenetics advances genetic testing for more accurate, personalized medicine | Startup Stories

What guides machine-led insights? Uncover AI applications, language models, and decision-making systems transforming sectors worldwide.

Artificial Intelligence

China

Manycore unveils Aholo and LuxReal to ground the next wave of generative AI in the physical world.

Once a 3D design startup, Manycore now wants to give AI a sense of place

36Kr is China's most influential business and technology network, delivering high-quality content focused on China’s innovation and new economy trends since 2010. With its extensive traffic and network, 36Kr has built a comprehensive database and strong data analytics capabilities to provide insights into China’s technology landscape.

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36Kr English

Where do style and commerce meet? Examine supply chains, sustainable sourcing, and digital trends influencing global fashion markets.

Fashion

With craftsmanship rooted in the culture of the Central Plains, Songmont has built a global following.

As Western luxury slows, Chinese brands like Songmont set the new standard

China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

Explore East Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

East Asia

Meituan, China’s all-in-one local services platform, covers food delivery, travel bookings, and lifestyle deals, simplifying daily consumer choices.

Pan joins to lead the development of Meituan’s LongCat app and large model.

Meituan hires top talent Pan Xin as it doubles down on AI

KrASIA tracks China’s tech and business stories, alongside key developments across the broader Asia Pacific region.