The company plans to raise over RMB 10 billion (USD 1.4 billion) for this project. NewsCHINA BRIEF | Nio to establish China headquarters in Hefei as it launches EC6 production1 min read
The funds are for developing accessible and financial services in order to boost financial inclusion in the region. NewsGrab receives over USD 850 million from Japanese investors1 min read
Samsung Venture kicked off investments in India in July 2019 and plans to invest in 100 startups over the next five years, NewsKorean electronics giant Samsung might back Indian food delivery unicorn Swiggy2 mins read
This comes a week after Blume announced the final close of its third fund at USD 102 million. NewsBlume Ventures raises a USD 41 million opportunity fund for portfolio startups2 mins read
The USD 2,700 Mate Xs lacks Google support as US-China tensions linger. NewsHuawei challenges Samsung with latest foldable smartphone5 mins read
The company’s IPO progress was partly disrupted by the coronavirus outbreak in China. NewsCHINA BRIEF | Megvii says Hong Kong listing is still on track despite lapsed IPO application1 min read
Huawei’s AppGallery has more than 390 million active users worldwide, compared with two billion for Google Play. NewsGoogle warns of security risks in sideloading its apps on Huawei’s smartphones3 mins read
China’s smartphone makers are betting on large-scale adoption of 5G for a rebound. NewsChinese cellphone shipments slump nearly 40% in January2 mins read
The two companies share Mitsubishi and Visa as investors. NewsGrab and Gojek reportedly in merger talks1 min read
E-commerce platform Pinduoduo gives a glimpse of people’s secluded lives during the COVID-19 epidemic. NewsHair clippers, consoles, and condoms: What people are buying online during the coronavirus quarantine2 mins read
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