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Ruangguru’s Vietnam subsidiary Kien Guru already has 2,000 video lectures and 15,000 pieces of supplementary learning materials.

The startup wants to expand its Gojek-style multi-service model in Vietnam’s key cities.

The firm plans to strengthen its presence in overseas markets and increase its international user base.

The fund is among the biggest in the region.

The fund recently invested in sectors including social commerce, SaaS, and fintech.

Pinduoduo’s founder is the richest man under 40 years old in China with a fortune worth USD 2 billion.

The firm will further invest in China, South Asia, and Southeast Asia.

Nearly half of Douyin and Kuaishou users in China are overlapped.

Behind the company’s fast expansion there are also billions of net loss.

Sneaker resellers use several platforms in the country to prey on “shoe dogs” who are after a quick buck.