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The company raised a total of USD 1.5 billion in venture capital funds to back its growth.

About 86.6% of TikTok’s user spending in April was generated in mainland China, followed by 8.2% in the United States

The Mumbai-based company plans to take JioMart to more than a thousand districts in the next one year.

Two giants rush to expand foundry capacity and develop cutting-edge chips.

While the novel coronavirus has slowed down existing businesses, a slew of early-stage companies are realizing their products might just be apt for this new post-COVID-19 world.

The company’s tool is used by the Indonesian government to track the COVID-19’s rate of transmission.

The company reported a solid Q1 despite turbulence from the coronavirus pandemic.

The firm provides services to Xiaomi, Unilever, and the National Bureau of Statistics of China, among other clients.

The funding round was led by Intudo Ventures, with participation from Prasetia Dwidharma Ventures and Qlue Performa Indonesia.

As many as 60 US-listed Chinese companies could return to domestic capital markets in the next 3-5 years.