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CATL will use the new funds to build or enlarge its lithium-ion batteries manufacturing plants in the Fujian, Jiangsu, and Sichuan provinces.

Hillhouse Capital, Sequoia Capital China, Aspex, and Coatue back Xpeng in Series C+ fundraising

Vaniday is officially back in business as it announced its relaunch in Singapore on July 2.

The company has been focusing on designing chips for quantum-computing X-ray imaging machines.

The Saudi Ministry of Tourism issues the first license for touristic rental of private property, similar to Airbnb.

WiMi Hologram Cloud shares nearly quadruple on Nasdaq day after Alibaba founder Jack Ma appears holographically at World Artificial Intelligence Conference.

SG Innovate is an early backer of NDR Medical which developed a smart robotic guiding system for surgeries.

PasarPolis is growing at a pace of 50 million policies per month, offering products such as “contextual insurance” with Gojek and “total loss insurance” on the Tokopedia platform.

Region becomes battlefield as Singapore, Vietnam choose European rivals.

After going slow and steady in the Emirates, Policybazaar is now ready to face the competition head on.