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Foodpanda’s image in Thailand has been tarnished.

China Venture Roundup Volume 49 covers China’s investment activity from August 9 to August 15, 2021.

A host of companies like Lenskart and Dream Sports, which entered the unicorn club in the last few years, are expected to drive strategic investments in startups.

Spoton is the second acquisition by Delhivery this year. In March, it scooped up Primaseller, a California-based SaaS company providing order management software for omnichannel retailers.

Tencent is cementing its presence in the game streaming space.

Thai citizens lifted trading volumes on crypto exchanges to USD 2.5 billion in 2020, according to a report published by the Bank of Thailand in April. 

Taiwanese company faces earnings pressure with plans for overseas plants.

Backed by MDI Ventures and KB Investments, the fund aims to raise USD 150 million by early 2022. 

Kuaishou is increasing user engagement, leading to more e-commerce conversion as brands flock to the platform to sell and market their products.

The Singapore-based firm became a unicorn after raising USD 100 million in a Series C round in August.