Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Finmo’s Series A round hits oversubscription, Giftaway and HD raise fresh capital, latest China deals, and more4 mins read
The Rosso Ancora rebrand hasn’t turned things around, with Gucci plunging closer to the red. NewsGucci’s new signature is red—and so are its financials as sales bleed3 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Gobi Partners backs Malaysia’s ArmourZero, Klook secures USD 100 million, ADI anchors AC Ventures’ climate fund, and more5 mins read
With the new funding, Klook plans to enhance customer experience, streamline merchant operations, and deepen AI integration. NewsKlook raises USD 100 million to fuel AI-driven travel expansion across APAC4 mins read
Tencent and other game developers are prioritizing overseas expansion. InsightsChinese companies face growth limits in world’s biggest esports market8 mins read
The Chinese fintech giant has opened its first Middle East office and will roll out Antom, its cross-border payment solution, this year. NewsAnt International sets up in Riyadh, bringing Antom to Saudi businesses2 mins read
Despite a sharp decline in AI inference costs, Baidu’s CEO cautions that the industry still lacks a breakthrough app to justify massive spending. News“You just cannot stop investing,” says Baidu’s Robin Li as AI costs plummet3 mins read
The OpenAI CEO acknowledged DeepSeek’s achievements but stopped short of calling its approach revolutionary. NewsOpenAI’s Sam Altman weighs in on DeepSeek, says it did “nice work”2 mins read
Semiconductors were among the earnings drivers while automotives and steel struggled. NewsJapan manufacturing rides AI boom to recovery with profits up 8%3 mins read
Haidilao’s new growth recipe centers on developing talent from within to expand its restaurant empire. FeaturesHaidilao’s next big bet? Turning store managers into entrepreneurs9 mins read
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