Asia tech news
Here are some recent Asia tech news updates:
China
- Alibaba's Ant Group to raise $3 billion in new funding: Ant Group, the financial services arm of Alibaba Group, is set to raise $3 billion in new funding from investors, valuing the company at over $150 billion. (Source: Bloomberg)
- China's Didi Chuxing to invest $1 billion in autonomous driving: Didi Chuxing, China's largest ride-hailing company, has announced plans to invest $1 billion in autonomous driving technology over the next three years. (Source: Reuters)
- Tencent's WeChat to launch digital yuan payments: WeChat, China's most popular messaging app, is set to launch digital yuan payments, allowing users to make transactions using the country's central bank digital currency. (Source: South China Morning Post)
Japan
- SoftBank's Vision Fund to invest $1 billion in Japan's Grab: SoftBank's Vision Fund is set to invest $1 billion in Grab, Southeast Asia's largest ride-hailing company, as part of a larger funding round. (Source: Nikkei Asian Review)
- Japan's Line to launch digital bank: Line, Japan's popular messaging app, is set to launch a digital bank in partnership with Mitsubishi UFJ Financial Group. (Source: The Japan Times)
- Sony to invest $1.2 billion in Japan's Sony Semiconductor Solutions: Sony is set to invest $1.2 billion in its semiconductor solutions division, which produces image sensors and other components. (Source: Nikkei Asian Review)
South Korea
- Samsung to invest $1.2 billion in 5G infrastructure: Samsung Electronics is set to invest $1.2 billion in 5G infrastructure, including the development of new technologies and the expansion of its 5G network. (Source: Yonhap News Agency)
- Naver to launch digital bank in partnership with Shinhan Bank: Naver, South Korea's largest search engine operator, is set to launch a digital bank in partnership with Shinhan Bank. (Source: The Korea Herald)
- LG to invest $1.1 billion in electric vehicle batteries: LG Chem, a subsidiary of LG Corp, is set to invest $1.1 billion in the development of electric vehicle batteries. (Source: Yonhap News Agency)
India
- Paytm to raise $1 billion in new funding: Paytm, India's largest digital payments company, is set to raise $1 billion in new funding from investors. (Source: Bloomberg)
- Reliance Jio to launch 5G services in India: Reliance Jio, India's largest telecom operator, is set to launch 5G services in India, with plans to roll out the technology across the country by 2023. (Source: The Economic Times)
- Ola to launch electric scooter rental service: Ola, India's largest ride-hailing company, is set to launch an electric scooter rental service in partnership with electric vehicle manufacturer Eicher Motors. (Source: The Hindu)
Southeast Asia
- Grab to launch digital bank in partnership with Singtel: Grab, Southeast Asia's largest ride-hailing company, is set to launch a digital bank in partnership with Singtel, Singapore's largest telecom operator. (Source: The Straits Times)
- Go-Van to raise $100 million in new funding: Go-Van, a Singapore-based logistics company, is set to raise $100 million in new funding from investors. (Source: DealStreetAsia)
- Shopee to launch e-commerce platform in Indonesia: Shopee, a Singapore-based e-commerce platform, is set to launch a new e-commerce platform in Indonesia, its largest market in Southeast Asia. (Source: The Jakarta Post)
These are just a few of the latest Asia tech news updates. If you'd like to stay up-to-date with the latest news and trends in the Asia tech industry, feel free to ask me for more information!