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Chinese ride-hailing companies ordered to improve drivers’ pay and labor conditions

Ride providers must also disclose their commission caps.

2 mins read

Motor Expo highlights caution of Japanese makers, continuing to shift to hybrids.
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Thai EV market heats up as Chinese player enters with low prices
3 mins read
The VC expects to deploy USD 100 million by the end of 2021.
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Indonesia’s AC Ventures closes third fund at USD 205 million
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Armis Security has a USD 3.4 billion valuation after its latest funding round.
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IoT security firm Armis closes USD 300 million funding round
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The super app will soon allow users to share listings of goods on e-commerce sites run by other companies.
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WeChat unblocks more links to rival apps and websites
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The telecom giant is cultivating new business verticals to offset losses incurred by its smartphone unit.
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Huawei prepares to build new smart car component manufacturing facility
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RockFlow was founded in 2021 to provide a new way for Gen Z users to invest their money.
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RockFlow raises USD 10 million angel funding, aims to create Asia’s Robinhood
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CTO Parag Agrawal has done ‘transformational’ work, ‘leads with heart and soul.’
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Twitter CEO Jack Dorsey resigns, making way for Indian-born engineer
2 mins read
The company is developing a multicurrency account and corporate credit card for SMEs named YouBiz.
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Singapore’s multicurrency wallet provider YouTrip raises USD 30 million to boost B2B payments division
2 mins read