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This comes barely a month after the ten-year-old firm announced closing a USD 660 million round at USD 3.9 billion valuation.

VSPN recently acquired the firm of Wang Sicong, son of Wanda-founder Wang Jianlin.

Token sales are set to begin later this year.

Just like in China, the ‘sea turtles’ of Indonesia who return after lengthy stays abroad play significant roles in building new ventures in Southeast Asia.

WhatsApp’s updated privacy policy revealed it had been sharing user data with Facebook all along.

Although group-buying has been around in China way before the COVID-19 pandemic, the sector enjoyed renewed popularity thanks to social distancing measures.

5G, EV chargers, and AI to be boosted as Beijing eyes prolonged tensions with US.

Lalamove’s orders increased 50% in 2020, despite a 93% year-on-year decrease in February.

From the new fund, the VC firm plans to invest in 15-20 consumer brands.

The company aims to reach 1 million farmers within three years.