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. VideosVideo | The rise and fall of Luckin Coffee, once China’s most promising coffee startup2 mins read
The funding is directed at cultivating the financial services sector in the MENASA region. NewsDubai International Financial Center’s Fintech Fund invests in four startups: FlexxPay, Rise, Now Money, and Sarwa2 mins read
Satellite internet is a central focus of policymakers in China. NewsHuawei joins China push to catch up with Elon Musk’s Starlink satellites1 min read
Investors are betting on China’s domestic semiconductor industry as Sino-US tensions have led the country to pursue self-reliance for key components. NewsChinese IoT chip developer Eswin scores USD 283 million in investment2 mins read
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. NewsIndonesia’s XL Axiata partners with Google Cloud2 mins read
Together, they have operations in India, Indonesia, and the Philippines. After the merger, Ayannah Global looks to extend its reach to Vietnam. NewsIndian payments firm ECAPS and Philippines-based Ayannah merge to expand their reach2 mins read
The Chinese mutual aid market is expected to reach 450 million users, or nearly 32% of the country’s population, by 2025. NewsXiaomi to challenge Ant Financial with launch of new mutual aid plan2 mins read
Localization has become an important aspect for Garena, the company says. NewsGarena explores Indonesian folklore with new farming game2 mins read
Sakura Studio is NetEase’s second, high-profile overseas studio after opening a centre in Montreal last November. NewsNetEase launches its first console-dedicated gaming studio in Tokyo as it steps up global expansion2 mins read
The merger will bring together more than 450 employees. NewsIndonesian SaaS startup Sirclo merges with Icube, to address MSME market2 mins read