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Today’s Tech Headlines: Ofo pulls out of Australia; Malaysia regulates ride-hailing companies

Ant Financial Services Group, formerly known as Alipay, is an affiliate company of the Chinese Alibaba Group. Ant Financial is the highest valued fintech company in the world, and the world's most valuable unicorn company, with a valuation of US$150 billion. 

Ant Group

All you need to know about what happened in the tech world today.

Today’s Tech Headlines: Lazada appoints new CEO for Thailand operations; Ant Financial lifts funding target to over $12 b | KrASIA

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Today’s Tech Headlines: Lazada appoints new CEO for Thailand operations; Ant Financial lifts funding target to over $12 b

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

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Today’s Tech Headlines: Daimler led Uber rival Taxify’s $175 m round; WhatsApp payment services to be available in India | KrASIA

Today’s Tech Headlines: Daimler led Uber rival Taxify’s $175 m round; WhatsApp payment services to be available in India

Fundraising is key for Chinese aerospace startups to survive as competition intensifies

A batch of new companies have entered the space industry, thus intensifying the competition.

Fundraising is key for Chinese aerospace startups to survive as competition intensifies | KrASIA

This IDG-backed startup aims to replicate the Toutiao success in burgeoning Middle East market

IDG Capital and Tencent-backed Kuaishou invested in OneMena.

Deals | This IDG-backed startup aims to replicate the Toutiao success in burgeoning Middle East market | KrASIA

Deals | This IDG-backed startup aims to replicate the Toutiao success in burgeoning Middle East market

Today’s Tech Headlines: Ant Financial closed a $10 billion round at $150b valuation | KrASIA

Today’s Tech Headlines: Ant Financial closed a $10 billion round at $150b valuation

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

The financing will be used to hone its technologies, bring in more merchants, and expand its product categories

Deals | China Creation Ventures invests millions in Zude, an all-category online rental marketplace | KrASIA

Deals | China Creation Ventures invests millions in Zude, an all-category online rental marketplace

Meituan-Dianping is a Chinese group buying website for locally found food delivery services, consumer products and retail services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. The Meituan.com site offers deals of the day by selling vouchers on local services and entertainment.

Meituan

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

Voices

Meituan-Dianping seeks to serve 1 billion consumers per day.

Meituan-Dianping WANG Xing explained why he invested in Go-Jek and Swiggy | KrASIA

Meituan-Dianping WANG Xing explained why he invested in Go-Jek and Swiggy

GrabTaxi Holdings Pte. Ltd. is a transportation network company based in Singapore. In addition to transportation, the company offers food delivery services via mobile app. It operates in the Southeast Asian countries of Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia. 

Grab

Today’s Tech Headlines: Grab launched GrabFood; ComfortDelGro terminates agreement with Uber’s Lion City | KrASIA

Today’s Tech Headlines: Grab launched GrabFood; ComfortDelGro terminates agreement with Uber’s Lion City

In computer science, artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and animals.