New positions will cover technology development, product operations, quality control, warehousing, and transportation. NewsCHINA BRIEF| Alibaba-backed logistics provider Best to create 40,000 jobs, including 5,000 in Southeast Asia1 min read
Sng established the private investment platform that is financing growth and pre-IPO stage companies and funds. Q&AFundnel’s Khai Lin Sng on making hard calls in the tech industry: Profiles in Tech4 mins read
Tencent aims to capitalize on the downturn in the offline music entertainment market by transitioning artists to livestreaming with new app Fanlive. NewsTencent’s QQ Music to release standalone music livestreaming app2 mins read
The company was the top-selling cosmetics brand on Tmall in 2019. NewsCHINA BRIEF | Cosmetics unicorn Perfect Diary raises USD 100 million1 min read
JD.com’s NFC payment tool JD Shanfu took the largest share in this niche market. NewsChina’s mobile payments hit USD 8.4 trillion, NFC payments see 50% increase2 mins read
Chinese version of TikTok now offers dozens of free films, including The Last Emperor, Farewell My Concubine and The Great Wall. NewsDouyin is turning into a movie streaming platform2 mins read
The number of transactions also came down to 126 in the March quarter from 196 deals in Q1 last year. NewsVC funding in Indian startups fell by 22% in Q1 20203 mins read
The startup will estblish three new hubs to deepen its nationwide coverage. NewsIndonesian agritech firm TaniHub bags USD 17 million in Openspace Ventures led Series A+ round2 mins read
Chehaoduo has landed a USD 1.5 billion investment from SoftBank’s Vision Fund in March 2019. NewsCHINA BRIEF | SoftBank-backed used car trader Chehaoduo looks for fresh capital injections1 min read
The company is working on an education service and enterprise search engine based on natural language processing. NewsJapanese AI startup Cogent Labs nets USD 13 million to expand in Asia2 mins read
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