Top news of the week: 20.01.2023.
Chinese online audio platform Ximalaya climbs a mountain to eke out first-ever profit, people say
As Ximalaya turns a profit in fourth quarter, analysts say online audio platform sector can grow in China, helped by rise of in-car entertainment.
Ant Group’s Alipay+ leads Chinese fintech giant’s overseas expansion as consumer spending in home market remains sluggish
Merchants using Alipay+ reached 2.5 million as of November, helping expand digital transactions in markets that include Japan, South Korea, Singapore, the Philippines, Malaysia and Thailand.
51 | Bernard Leong, Analyse Asia
Bernard Leong is the founder of Analyse Asia, a weekly podcast on tech, business and media with notable industry players and thought leaders all over Asia.
Chinese audio platform Ximalaya makes quarterly profit for the first time
Ximalaya, a Tencent-backed podcasting and audio book platform, made a profit for the first time in its 10 year existence during 2022 Q4
Web3 Funding is Down? HashKey Just Closed Its Third Fund with $500M in Commitments
The fund will invest in blockchain infrastructure projects, tooling and consumer-facing decentralised apps with the potential for mass adoption.
Private investment in space dropped 58% last year, even with SpaceX, Anduril monster raises
Space Capital's new report found that overall investment in the space industry dropped, despite huge rounds from SpaceX and Anduril.
Chinese lidar developer Hesai files for $100 million US IPO
Chinese lidar startup Hesai filed for a $100 million US initial public offering on Tuesday, becoming one of the first Chinese companies to seek a US
In Depth: The questions hanging over Ant Group
Yin Yong is appointed as Beijing Major. A cancer collaboration becomes the first overseas data transfer approved under the new regime. Plus, Alvin Chau Cheok Wa is sentenced to 18 years in ...