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ByteDance has reduced its India team to 1,000 employees, but sources close to the company affirm that it is “very much staying put in the country with plans to make a comeback.”

Awareness about the importance of mental health is rising in China, buoyed by younger generations and apps looking to make a difference.

Zhuanzhuan Group’s B2B subsidiary Caihuoxia increases the efficiency and transaction volume of secondhand recyclers and merchants.

Douyin pointed to Tencent’s active suppression of its content on Tencent’s messaging and social media platforms.

The number of micro VC funds has increased to 88 in 2020 from a nimble 29 in 2014 in the world’s third-largest startup ecosystem.

The new funding round may delay IPO plans for Flipkart, which was reported to be looking to go public in the US later this year.

Zhou led Zhihu through its first decade, now he and his firm arrive at a crossroads of balancing growth for revenue and experience for users.

E-commerce made up 20% of retail sales in Indonesia last year. Analysts say it could reach up to 40%.

The amount of raised capital and deals dropped slightly in 2020, but there are more than one reason to be optimistic for Southeast Asia’s startup ecosystem.

iMin expects sales for 2021 to surpass the USD 10 million mark.