Qwen AI: Alibaba’s Android-of-AI Ecosystem Play
Qwen is Alibaba Cloud’s family of large language models — and, by the numbers that matter for an ecosystem, the most consequential open-source AI family in the world. As of … Read more
Company Profiles
Moonshot AI: How Kimi K3 Shook the Global Chip Market
Moonshot AI is the Beijing-based lab behind Kimi, the chatbot that in July 2026 did what DeepSeek did in January 2025: wiped trillions off Western tech stocks with a single … Read more
DANA: How Ant Group’s Indonesia Wallet Battles OVO
Dana has done something none of its Indonesian competitors have managed: it’s built a user base approaching 200 million — roughly 70% of Indonesia’s population — without being embedded inside … Read more
OVO: Indonesia’s $7.32B E-Wallet With 110M Users
OVO is one of Indonesia’s four dominant e-wallets — alongside GoPay, Dana, and ShopeePay — serving over 110 million registered users across 300 cities. It’s also, since October 2021, a … Read more
GCash: How 94M Filipinos Ended Up on One Wallet
GCash isn’t just the Philippines‘ most popular e-wallet — it’s become the financial infrastructure for a country where 66% of adults still lacked a bank account as recently as 2019. … Read more
ZaloPay: How VNG’s Wallet Challenges MoMo in Vietnam
ZaloPay isn’t trying to be Vietnam’s everything app. It’s trying to be the payments layer inside the app that already is — Zalo, the messaging platform used by 98% of … Read more
MoMo: How Vietnam’s 40M-User Wallet Won the Market
MoMo isn’t just Vietnam’s most popular e-wallet. It’s the country’s definitive case study in how a mobile payments startup can grow into a full-blown financial super app — and finally … Read more
What is Razorpay? How India’s B2B Fintech Processes $180 Billion Annually
Razorpay is India’s dominant full-stack payments and business banking platform, processing an annualised total payment volume (TPV) of $180 billion across more than 12 million merchants. Co-founded in 2014 by … Read more
PhonePe: How Walmart’s Fintech Captured 48% of UPI
PhonePe processes nearly half of all digital payments in India, and it’s not particularly close. As of December 2025, the Walmart-backed fintech held a 48.7% share of UPI transaction value … Read more
Paytm: India’s $20B Comeback After the RBI Crisis
Paytm’s story is the most dramatic comeback arc in Asian fintech. The company — formally One97 Communications — went public in November 2021 at a $20 billion valuation, watched its … Read more