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Asian tech start-ups quietly scale new heights

Paul Mozur  |  Hong Kong 

The rise of a mobile software company from nothing to a $1 billion valuation in just over a year from its first product release would typically draw rapt attention, and jealousy, inside Silicon Valley. Yet the Apus Group, one company with such a stratospheric rise, is largely unknown in Silicon Valley. That is because the company is based more than 6,000 miles away, in China. Across Asia, investments in technology start-ups have escalated at the same swift pace and to the same heights as in the United States. In the first six months of this year, 46 Asian start-ups, including Apus, ...

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First Published: Tue, July 14 2015. 00:18 IST