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The disposal of ByteDance’s stock will represent a gain of investment of around USD 66 million.

The agreement with the private sector arm of the Islamic Development Bank provides opportunities in the Middle East and Africa.

The on-demand delivery giant is expanding to other local life services as it aggressively marches into the power bank sharing business.

The layoff plan will affect about 500 employees in charge of research and development.

Xiaomi beats analyst expectations in Q1 on the back of strong international sales. However, with COVID-19 now hampering economies worldwide, the growth may not last.

By automating parts of the bookkeeping process, BukuKas is streamlining how small businesses in Indonesia operate.

Swiggy, Zomato, Cure.Fit. Meesho, and many others have decided to thin their team size.

First introduced in China to curb the spread of coronavirus, the program checks for mask-wearing, vehicle disinfection, and drivers’ temperatures.

Shunned in the West, the QR code underpins China’s cashless economy and coronavirus tracing efforts. Now it could be part of Apple’s new Gobi AR app.

Top operator AIS ready to invest up to USD 1.2 billion for network expansion this year.