Rita Liao

Rita covers Asia for TechCrunch, with a focus on Chinese companies going global and how web3 is unfolding in the region.

Before her previous writing stints with Tech in Asia and TechNode, Rita managed communications for SOSV’s accelerators in Asia. At one point, she worked for a documentary production company and a mindfulness retreat center in New England.

She studied political science and visual arts at Bowdoin College.

Contact: ritaliao@pm.me

Disclosures: None

The Latest from Rita Liao

China’s gaming giant NetEase opens first US studio in Austin

NetEase, the second-largest gaming company in China and the sixth-largest in the world, has opened its first US-based studio in Austin as China’s gaming industry slows. The company’s archr

Binance gets regulatory nod in France, paving the way for Europe push

Binance, the world’s largest crypto exchange by volume, has gained regulatory approval to provide digital asset services in France, the first European country where it has acquired such permissi

China’s tech giants are having FOMO on NFTs

In mid-April, a group of industry associations in China issued a warning against the potential financial risks of non-fungible tokens, digital assets that represent real-world objects or intangible go

After ultracharged growth, battery maker EcoFlow comes for the glampers

In recent years, episodes of extreme climate crises and power outrages have driven doomsday preppers to plan for off-the-grid survival scenarios. The mentality has been a boon to EcoFlow, a Shenzhen-b

China’s logistics robot maker VisionNav raises $76M at $500M valuation

Industrial robotics has in recent years become one of the hottest tech sectors in China as the country encourages the use of advanced technology to enhance efficiency on the production floor. VisionNa

Robotaxi rivals Pony and WeRide join Chinese ride-hailing service OnTime’s $153M round

This is an interesting day when we see two of China’s major robotaxi foes come together, offering a clue to how the industry is evolving in the country. WeRide.ai and Pony.ai, which both operate

Pony.ai scores taxi license for autonomous vehicles in Guangzhou

Autonomous vehicle startup Pony.ai has been awarded a permit in Guangzhou to operate 100 robotaxis as traditional taxis. The license, which allows Pony to charge for rides in its autonomous vehicles,

Alibaba-backed Deeproute further slashes L4 driving costs to $3,000

Only four months after Deeproute.ai announced it planned to sell its self-driving solution at an attractive $10,000, the Shenzhen and Fremont-based startup said it has further slashed the cost by appr

WeChat’s newsfeed turns 10. Is it still relevant?

Over the last few days, my WeChat has been inundated with people reminiscing about the first post they ever published on the app’s newsfeed, which marked its 10-year anniversary this week. The n

Ant Group buys Singapore’s 2C2P to further global payments ambitions

Quietly, Alibaba’s fintech affiliate Ant Group has been building a global cross-border payments network by partnering with or investing in third-party e-wallets, banks, remittance services and o

China’s work automation startup Laiye raises $160M, acquires France’s Mindsay

An ambitious Chinese startup wants a slice of the flourishing global work automation market. Laiye, a Beijing-based company that provides a one-stop platform for automating office tasks of varying deg

China further limits access to unauthorized foreign games

For years, China has left a loophole open for people to access unauthorized video games, but it’s ready to close it. Many foreign titles lack a Chinese publishing partner like Tencent to help th

Wrapped in red tape, China’s startups give up their mainland dreams

Like many ambitious Chinese who graduated college abroad during the 2010s and aspired to be the next Jack Ma or Pony Ma, Lucas returned to his motherland to build his own internet startup. Two years i

China’s banking association proposes restrictions on NFTs

The verdict that China’s web3 community has been waiting for months is here: NFTs, or the tokens used to prove the ownership and authenticity of an item, must not be used for securitization or t

China’s game engine Cocos raises $50M, goes beyond games

Cocos Technologies, a China-based game engine provider that has been around since 2010, just announced it has picked up $50 million in a Series B funding round in a bid to work on development and move

Sequoia-backed SwooshTransfer raises millions of dollars to automate cross-border payments

China’s export-oriented e-commerce has been flourishing over the last few years as the world demands its electronics, fast fashion, sporting gear and other everyday goods. While the country&#821

Tencent to shut down its game streaming service

Tencent, the world’s largest video games company, said it will shutter its game streaming platform Penguin Esports by June due to “changes in business strategies.” Twitch-like Pengui

China’s Zhiyi Tech raises $100M to help fashion brands predict bestsellers

In China, livestreaming promotion is emerging as a popular way for brands and influencers to reach consumers, challenging the traditional e-commerce model where users browse static pictures, read revi

Shein said to be raising $1 billion at $100 billion valuation

Yes, you read it correctly. The fast fashion e-commerce company that few in the tech industry had even heard of two years ago is aiming to raise $1 billion at a valuation of $100 billion. Shein’

NovaXS Biotech wants to make injection therapy needle-free

A startup spawned from a lab at the University of California, Berkeley has won investor support to work on its patented needle-free injector, which it hopes can make therapies that traditionally requi
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