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China Venture Roundup Volume 42 covers China’s investment activity from June 21 to June 27, 2021.

Despite the e-commerce sector being dominated by Flipkart and Amazon India, startups are scripting a new wave of online commerce, primarily targeting the next 500 million netizens from smaller cities.

Indonesia is profuse with web-based financial service providers, including at least 7 digital banks and 4 neobanks.

Google, Amazon, and Facebook’s messaging platform WhatsApp, have been making strides to position themselves among the top players in India’s fintech market.

Bank Negara Malaysia, the central bank, is set to award up to five digital banking licenses in the first quarter of 2022.

The embattled Chinese coffee chain’s fabricated revenues increased from Q2 2019 through the rest of the year.

ZongMu sees services like vehicle charging and car-washing as add-ons to its autonomous valet parking function.

The Chinese startups that KrASIA found most interesting in the first half of 2021 span multiple sectors: holograms, payments, digital twins, wellness, and blockchain.

The startup offers a suite of project management and collaboration tools to supercharge software developers’ business processes.

Services built for urbanites may not fit the needs of people living in smaller cities, so new hyperlocal services are being created.