Tech in Asia

From Wikipedia the free encyclopedia

Tech in Asia Pte Ltd
Company typePrivate
IndustryNews Publishing
FoundedAugust 1, 2010; 14 years ago (2010-08-01)
FounderWillis Wee
HeadquartersSingapore
Area served
Southeast Asia, Jakarta
Key people
  • Willis Wee (CEO)
Owner
Number of employees
100
Websitehttps://www.techinasia.com

Tech in Asia is a Singapore- and Jakarta-based technology news website covering topics on startups and innovation in Asia. Backed by Facebook co-founder Eduardo Saverin in 2015,[1] it has hosted annual conferences across the continent primarily in Singapore, Tokyo, and Jakarta since 2012.[2]

In January 2024, it was reported that SPH Media had completed its purchase of the company.[3]

History and growth

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Founded in 2010 by Willis Wee during his third year at university,[4] Tech in Asia maintains a focus on Asian and Southeast Asian countries, often covering startups and legislative developments from Singapore, Philippines, Indonesia, Vietnam, Thailand, Malaysia, China and India.[citation needed]

One year before offering its articles through its subscription program in November 2017, it raised US$6.6 million in funding led by Hanwha Investment and Securities.[5]

In 2018, in addition to launching a marketing agency providing integrated media, marketing, events, and design solutions for brands,[6] it also hosts annual Tech in Asia Conference for tech companies and VCs in Asia.[7]

Subscription program

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In October 2018, Tech in Asia launched its subscription program where it moved from offering free articles previously to a paywall-like structure. In its initial iteration, the single-tier paid subscription offered users access to five free articles per month, after which they were asked to pay US$18 a month or US$180 a year.[8]

Currently, the portal offers three subscription plans, ranging from free to US$16.58 per month.[9] All of its plans are billed yearly, with the uppermost tier now costing US$199 per year. A mid-level subscription, priced at US$59 per year, offers limited access to the portal's "Premium" coverage.[citation needed]

Tech in Asia Indonesia

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It maintains a standalone Tech in Asia Indonesia website[10] which exclusively publishes Indonesian-language content. The websites are staffed by different teams, each creating their own content and maintaining separate production schedules.[citation needed]

References

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  1. ^ Roberts, Jane (24 June 2015). "Facebook Cofounder Eduardo Saverin Invests In 'Tech in Asia'". Forbes.com. Retrieved 31 October 2018.
  2. ^ Muchtar, Joy (19 October 2018). "Tech in Asia to Hold Annual Conference in Jakarta". JakartaGlobe.id. Archived from the original on 19 October 2018. Retrieved 31 October 2018.
  3. ^ "SPH Media completes acquisition of Tech in Asia". Marketing Interactive. 4 January 2024. Retrieved 2024-01-27.
  4. ^ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2020-02-27.
  5. ^ "Tech In Asia raises $6.6M led by Korean conglomerate Hanwha". techcrunch.com. 20 November 2017. Retrieved 15 February 2019.
  6. ^ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2020-11-21.
  7. ^ Liputan6.com (2022-09-17). "Tech in Asia Conference 2022 Digelar, Dorong Pertumbuhan Startup Asia Tenggara". liputan6.com (in Indonesian). Retrieved 2023-04-27.{{cite web}}: CS1 maint: numeric names: authors list (link)
  8. ^ Jones, Steve (2018-10-01). "Tech in Asia launches subscription model in pursuit of profitability and to 'improve content'". Mumbrella Asia. Retrieved 2020-02-27.
  9. ^ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2021-03-17.
  10. ^ "Tech in Asia Indonesia - Komunitas Online Startup di Asia". id.techinasia.com. Retrieved 2021-03-17.
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