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2020 has been a tumultuous year for Luckin Coffee, which is holding on to a thread as an accounting scandal now threatens the firm with delisting.

The funding is directed at cultivating the financial services sector in the MENASA region.

Satellite internet is a central focus of policymakers in China.

Investors are betting on China’s domestic semiconductor industry as Sino-US tensions have led the country to pursue self-reliance for key components.

The data transfer capabilities between five XL Axiata data centers and Google’s global network will reduce the number of vulnerable points where the traffic experienced interference.

Together, they have operations in India, Indonesia, and the Philippines. After the merger, Ayannah Global looks to extend its reach to Vietnam.

The Chinese mutual aid market is expected to reach 450 million users, or nearly 32% of the country’s population, by 2025.

Localization has become an important aspect for Garena, the company says.

Sakura Studio is NetEase’s second, high-profile overseas studio after opening a centre in Montreal last November.

The merger will bring together more than 450 employees.