Tech in Asia
{{short description|Singaporean technology website}}
{{notability|Companies|date=July 2021}}
{{Infobox company
| name = Tech in Asia Pte Ltd
| logo = techinAsia_logo.png
| type = Private
| industry = News Publishing
| hq_location = Singapore
| area_served = Southeast Asia, Jakarta
| founded = {{Start date and age|2010|8|1}}
| founder = Willis Wee
| key_people = {{ubl|Willis Wee {{smaller|(CEO)}}}}
| owner = {{ubl|SPH Media|{{smaller|(2024–present)}}}}
| num_employees = 100
| homepage = https://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,{{cite news |date=24 June 2015 |first=Jane |last=Roberts |website=Forbes.com |accessdate=31 October 2018 |url=https://www.forbes.com/sites/janeroberts/2015/06/24/facebook-cofounder-eduardo-saverin-invests-in-tech-in-asia/#2d08cb723d76 |title=Facebook Cofounder Eduardo Saverin Invests In 'Tech in Asia'}} it has hosted annual conferences across the continent primarily in Singapore, Tokyo, and Jakarta since 2012.{{cite news |url=https://jakartaglobe.id/business/tech-in-asia-to-hold-annual-conference-in-jakarta/ |archivedate=19 October 2018 |archiveurl=https://web.archive.org/web/20181019131816/https://jakartaglobe.id/business/tech-in-asia-to-hold-annual-conference-in-jakarta/ |url-status=live|date=19 October 2018 |first=Joy |last=Muchtar |title=Tech in Asia to Hold Annual Conference in Jakarta |website=JakartaGlobe.id |accessdate=31 October 2018}}
In January 2024, it was reported that SPH Media had completed its purchase of the company.{{Cite web|url=https://www.marketing-interactive.com/sph-media-acquisition-tech-in-asia|title=SPH Media completes acquisition of Tech in Asia|work=Marketing Interactive|date=4 January 2024 |access-date=2024-01-27|language=en}}
History and growth
Founded in 2010 by Willis Wee during his third year at university,{{Cite web|url=https://www.techinasia.com/10year-challenge-tech-asia-story|title=Tech in Asia - Connecting Asia's startup ecosystem|website=www.techinasia.com|language=en-US|access-date=2020-02-27}} 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.
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.{{cite web|title=Tech In Asia raises $6.6M led by Korean conglomerate Hanwha|url=https://techcrunch.com/2017/11/19/tech-in-asia-hanwha/|website=techcrunch.com|date=20 November 2017 |accessdate=15 February 2019}}
In 2018, in addition to launching a marketing agency providing integrated media, marketing, events, and design solutions for brands,{{Cite web|title=Tech in Asia - Connecting Asia's startup ecosystem|url=https://www.techinasia.com/expanding-tech-presence-asia-heres|access-date=2020-11-21|website=www.techinasia.com|language=en-US}} it also hosts annual Tech in Asia Conference for tech companies and VCs in Asia.{{Cite web |last=Liputan6.com |date=2022-09-17 |title=Tech in Asia Conference 2022 Digelar, Dorong Pertumbuhan Startup Asia Tenggara |url=https://www.liputan6.com/tekno/read/5072667/tech-in-asia-conference-2022-digelar-dorong-pertumbuhan-startup-asia-tenggara |access-date=2023-04-27 |website=liputan6.com |language=id}}
=Subscription program=
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.{{Cite web|url=https://www.mumbrella.asia/2018/10/tech-in-asia-launches-subscription-model-in-pursuit-of-profitability-and-to-serve-needs-of-the-industry|title=Tech in Asia launches subscription model in pursuit of profitability and to 'improve content'|last=Jones|first=Steve|date=2018-10-01|website=Mumbrella Asia|language=en-US|access-date=2020-02-27}}
Currently, the portal offers three subscription plans, ranging from free to US$16.58 per month.{{Cite web|title=Tech in Asia - Connecting Asia's startup ecosystem|url=https://www.techinasia.com/subscription|access-date=2021-03-17|website=www.techinasia.com|language=en-US}} 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.
=Tech in Asia Indonesia=
It maintains a standalone Tech in Asia Indonesia website{{Cite web|title=Tech in Asia Indonesia - Komunitas Online Startup di Asia|url=https://id.techinasia.com/|access-date=2021-03-17|website=id.techinasia.com|language=en-US}} which exclusively publishes Indonesian-language content. The websites are staffed by different teams, each creating their own content and maintaining separate production schedules.
References
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External links
- {{Official website |http://www.techinasia.com}}
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Category:Internet properties established in 2010
Category:2010 establishments in Singapore
Category:Mass media companies established in 2010