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In the first half of 2020, Indian edtech startups have raised USD 795 million, as compared to USD 108 million it attracted in the same period last year.

China is not the biggest investor in India, but it might be the most important one.

Lemonade uses behavioral economics, artificial intelligence, and chatbots to sell insurance policies to renters and homeowners.

This week in MENA: Saudi Customs begins applying 15% VAT on incoming e-commerce packages.

District in Guangdong leads drive with 800 vehicles and six filling stations.

Haode Investment Inc, an investment firm owned by Lu, still has 37.2% of aggregate voting power at the company.

Social Bella plans to boost its growth in Indonesia’s beauty and personal market and scale up the technology infrastructure.

eRoad makes software that simplifies work involving payroll, social insurance, taxes, and benefits for large enterprises.

Payfazz’s app helps users buy prepaid phone credit, pay electricity bills, and top up mobile wallets through an agent.

Hangzhou’s public security bureau said they will be taking action to prevent losses at Weidai and recover stolen funds.