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Besides Carro, Malaysia’s Carsome is reportedly raising new funding that will lead to a USD 1 billion valuation.

Progcap competes with SoftBank and Alibaba-backed Paytm, Walmart-owned PhonePe, and Coatue Management-backed BharatPe.

Tencent is ramping up investments even as regulators scrutinize big tech.

Didi Chuxing leads new clique of companies seeking to raise as much as USD 17 billion.

The company competes with CultFit, a unicorn startup that runs a chain of fitness centers and acquired Tread, a company that makes smart fitness bikes.

Southeast Asia battles for top professionals as its digital prominence grows.

Southeast Asian startups raised a total of USD 8.2 billion in 2020, down 7% from USD 8.79 billion in 2019, with 80% of the exits being mergers or acquisitions.

The rogue-like dungeon-crawler game makes millennials and tech startup culture the center of its jokes.

We analyzed data related to consumer grievances in China. The results aren’t pretty

Vianai develops “human-centered AI” that amplifies human judgment for more impactful decisions and results in business processes.