Baidu’s CEO Herman Yu said that his company delivered a solid Q3 despite a softening macro environment, industry-specific policy changes and self-directed healthcare initiative. NewsBaidu books USD 892 million in Q3 net loss, the second quarterly loss since 2005, but beats estimates2 mins read
Edtech startups are trying to make better education options accessible to Indonesian students. InsightsWill edtech startups prosper following Nadiem Makarim’s appointment?5 mins read
Xiaomi wants to take advantage of Huawei’s US trade ban by growing internationally, but it’s suffering inside China. InsightsXiaomi wants to beat Huawei abroad, but it’s losing ground at home3 mins read
The EV maker might need another RMB 15 billion (USD 2.1 billion) in funding between 2019 and 2020 to stay afloat. NewsFollowing CFO, Nio’s vice president of finance also resigns1 min read
Profit the new mantra at Singapore startup once promised ‘unlimited support’. InsightsSoftBank woes and Uber losses put pressure on Asian super app Grab5 mins read
Investments in logistics tech startups have been huge this year. Next year’s financing is expected to be even heftier. InsightsSmart logistics is the Indonesian digital economy’s up-and-coming sector10 mins read
Currently, all startups have to file annual returns and financial documents with Registrar of Companies. NewsIndia might grant startups the ultimate power: non-accountability4 mins read
Indian podcast platform ropes in Xiaomi Ventures, Shunwei Capital and others to invest in the company. NewsShunwei Capital continues to back regional content platforms in India2 mins read
Tencent aspires to position itself as the first player in video social networking before the arrival of the 5G era. NewsTencent wants strangers to know each other while using “masks” in its new social video-calling app2 mins read
The lawsuit is related to hundreds of songs by the popular Chinese singer Jay Chou. NewsTencent Music wins copyright lawsuit against Alibaba-backed NetEase Cloud Music2 mins read