Best known for its selfie-apps, the firm struggles with the high costs of its smartphone and e-commerce businesses NewsStruggling Meitu lays off 30% of its employees1 min read
Yodi Aditya who had founded Kargo.co.id, a local startup with a similar concept in 2016, is the new firm’s CTO. NewsFounded by Uber alumni and backed by Travis Kalanick, Kargo launches to tackle logistics in Indonesia1 min read
Samsung Electronics executive DJ Koh told shareholders Wednesday that its new Galaxy flagship smartphones are selling well in China, which he believes will boost its overall position in the world̵NewsSamsung eyes a China comeback as its Galaxy smartphones sell well1 min read
The move extends Ovo services beyond payment NewsIndonesian mobile wallet Ovo adds mutual funds investment feature2 mins read
Alibaba’s AI Labs is investing $15m on Chinese dialects recognition NewsSmart speakers in China are learning dialects1 min read
Kwai Concept’s goal is very transparent – to lure more users from first and second-tier cities. NewsTencent-backed Kwai launches new app to go after Douyin’s core users1 min read
ByteDance is making moves to amp up revenues from its live broadcasting businesses NewsByteDance shifts attention to live broadcasting business with its new centralised platform2 mins read
The Taiwanese electronics manufacturer is Henan’s largest employer. NewsChina’s Henan province frets as Foxconn’s production lands overseas1 min read
Shenzhen’s 4PX Express will provide training for vendors in the country. NewsUNDP partners with Alibaba-backed logistics provider to boost Cambodia’s e-commerce sector2 mins read
The company also acquired a majority stake in a leading content management network in Thailand. NewsSingapore-based AnyMind Group raises $8m in Series B+ funding round2 mins read
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