China roundup: Tencent takes on sites trying to circumvent its age limits

Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The enforcement of China’s new gaming regulations is unfolding like a cat-and-mouse game, with the country’s internet giants and young players constantly trying to outsmart each […]

Niko Partners: Asia’s cloud gaming addressable market will triple to 500M by 2025

A new GamesBeat event is around the corner! Learn more about what comes next.  EXCLUSIVE: Cloud gaming could reach an addressable market of about 150 million people in 2021, but actual numbers of cloud gaming users are smaller than that, according to a report by market researcher Niko Partners. Niko Partners estimated the addressable market […]

Investors are doubling down on Southeast Asia’s digital economy

Amit Anand Contributor Share on Twitter Amit Anand is a founding partner of Jungle Ventures and an early pioneer and leader in the development of Southeast Asia’s venture capital industry. Southeast Asian tech companies are drawing the attention of investors around the world. In 2020, startups in the region raised over $8.2 billion, about four […]

China roundup: Beijing wants tech giants to shoulder more social responsibilities

Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, the gaming industry again became a target of Beijing, which imposed arguably the world’s strictest limits on underage players. On the other hand, China’s […]

China restricts kids’ online gaming to three hours a week

China’s National Press and Publication Administration has released a notice imposing limits on online gaming for minors. On September 1st, video game companies will have to restrict gaming time to three hours a week — from 8 PM to 9 PM on Friday, Saturday and Sunday. With this new set of restrictions, Chinese authorities want […]

China proposes strict control of algorithms

China is not done with curbing the influence local internet services have assumed in the world’s largest populous market. Following a widening series of regulatory crackdowns in recent months, the nation on Friday issued draft guidelines on regulating the algorithms firms run to make recommendations to users. In a 30-point draft guidelines published on Friday, […]

India’s KhataBook raises $100 million for its bookkeeping platform for merchants

Khatabook, a startup that is helping merchants in India digitize their bookkeeping and accept online payments, said on Tuesday it has raised $100 million in a new financing round as it prepares to launch financial services. The startup’s new financing round — a Series C — was led by Tribe Capital and Moore Strategic Ventures […]

Equity Monday: Stocks up, cryptos up, regulation up

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]

Tencent in talks to lead funding in India’s Pocket FM

Tencent is in advanced stages of talks to lead an investment round in Gurgaon-headquartered Pocket FM, the latest in the Chinese giant’s push to broaden its consumer internet portfolio in the Indian market. The Chinese firm, which is already an investor in Pocket FM, is in talks to lead a ~20-25 million round in Pocket […]