Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: Beep closes USD 3.3 million round, M-DAQ Global acquires Easy Pay Transfers, ten China and India deals, and more4 mins read
The company’s hydrogen-assisted bicycle showcases the potential for hydrogen energy in everyday commuting. FeaturesSeeex Tech’s new bike offers first glimpse of practical hydrogen applications2 mins read
With no cure in sight for Alzheimer’s disease, caregivers struggle to weigh the odds of pursuing costly treatments. InsightsIs it worth spending RMB 200,000 a year to delay the onset of Alzheimer’s disease?9 mins read
Not slowing down, Temu is shifting to a partial consignment model as part of a strategic change to sustain growth in the US and Europe. NewsPDD’s Temu racks up USD 20 billion in first-half sales, surpassing 2023 total2 mins read
Naming a popular figure like Jia Ling as brand ambassador is a rare move for Lululemon in the Chinese market. How will it pan out? InsightsLululemon taps comedian-turned-director Jia Ling as brand ambassador for Chinese market5 mins read
Bringing you the latest updates on funding deals and activities in the Asia Pacific. NewsDeals in brief: AwanTunai secures debt facility from HSBC, RevComm completes pre-Series B round, Alphabet injects USD 5 billion into Waymo, and more3 mins read
With a focus on brick-and-mortar stores, Urban Revivo’s parent company is eyeing a USD 13 billion sales goal and an IPO. NewsChina’s Zara challenger Urban Revivo ramps up global growth plans5 mins read
OpenAI is going head-to-head with Google with the launch of SearchGPT. NewsOpenAI launches SearchGPT, Google’s latest search rival2 mins read
Kuaishou has opened international access to Kling AI, its generative AI platform, offering daily free credits for users to test its capabilities. NewsKuaishou’s Kling AI video generator launches globally to challenge OpenAI’s Sora2 mins read
Low-price tactics could be leading to Douyin E-commerce’s faltering GMV growth. NewsDouyin E-commerce misses first-half GMV target amid growth slowdown3 mins read