KrASIA Writers

The world’s largest tech fund Softbank Vision Fund is seeking to invest close to US$1 billion in SenseTime, the most valuable artificial intelligence startup on the planet, Bloomberg reported on

This will pit Alibaba against Tencent, which backs Kuaishou, in the short-video war

The blockchain company also announced a credit-profile partnerships with two of China’s major credit-rating agencies.

The bike-sharing giant had intended to put 20million bikes in 20 international cities just last year.

Will Kuaishou’s new wearable tech and Tencent Weishi’s new action camera be game changers in the short-video competition?

Online education provider Zuoyebang just closed a US$350 million Series D financing round, led by Coatue Management, according to various Chinese media reports. The new round of investment into the ho

The short-video and musical app announced 300 million MAUs in China just a month ago

The car-hailing giant is hoping to raise up to $1.5 billion for the unit