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KrASIA Daily: Carousell launches digital wallet after raising $85m in Series C round

Plus, Ant Financial lowers daily withdraw limit. Uber’s growth slowed.

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Investments in e-commerce, enterprise services, new retail, marketing, and big data & AI.
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Deals | China DealBook: Tencent-backed Alauda garnered fresh funds from Intel Capital; SDK platform ClickWifi provides personalized marketing solutions
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India’s GDP takes up almost 7 percent of the world’s.
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China state-run bank ICBC launches India-dedicated fund
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Baidu is now ‘all in AI’.
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Baidu sells Nuomi to video-streaming unit iQiyi
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Alibaba, Tencent, and Baidu are all weighing in the field.
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iFLYTEK is seeing to raise $566.5m to sharpen competitive edge in voice recognition
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ZTE has already suffered considerable losses with sales ban.
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ZTE sees hope with Trump’s tweet
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President Xi Jinping’s new policy initiative are in favour for Tesla
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Tesla is building a solely-owned factory in Shanghai
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Xiaomi’s phenomenal performance in Indonesia’s smartphone sector.
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China’s Xiaomi surges forward, becoming second only to Samsung in the Indonesian smartphone market
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Plus, Carousell and Carro raise fresh funds. Tesla has set up a company in Shanghai.
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KrASIA Daily: Foxconn moves towards China’s biggest IPO in three years
3 mins read