YoY

TECH

China’s Q1 2025 smartphone shipments grew 3.3% YoY to 71.6M units; Xiaomi led with 18.6% market share, Apple was the only foreign brand in top 5 with 13.7% (IDC)

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TECH

Global smartphone sales grew 3% YoY in Q1 2025; Apple took the top spot, its first ever for Q1, with a 19% share, and Vivo was the fastest growing brand (Counterpoint Research)

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TECH

Apple produced $22B worth of iPhones in India in the 12 months ended March 2025, up nearly 60% YoY, and now makes 20% of its iPhones in the country (Sankalp Phartiyal/Bloomberg)

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TECH

Asia’s startup funding fell 40% YoY to ~$13B in Q1 2025, the lowest funding for a quarter since $12.3B in Q4 2014; AI startup funding fell 50% YoY to just $1.8B (Chris Metinko/Crunchbase News)

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TECH

global VC funding reached $113B in Q1 2025, up 54% YoY, buoyed by OpenAI’s $40B deal; PitchBook says 77% of US deal value in Q1 2025 went to AI (Duncan Riley/SiliconANGLE)

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TECH

Indian tech startup funding surged 23% YoY to $7.4B in 2024, with the number of deals up 27% YoY and newly founded startups more than doubling (Moneycontrol)

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TECH

India’s e-commerce market grew 10%-12% YoY to ~$60B in GMV in 2024, versus historical rates of over 20%, with 270M+ people shopping online, second only to China (Bain)

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