NewsSoftBank may invest up to USD 10 billion in Indian startups in 2022SoftBank has reportedly invested about USD 3 billion in India so far this year. 2 mins read
A global chip shortage and growing appetite for chips in China have pushed SMIC’s business performance to new heights. NewsChina’s largest chipmaker SMIC reports record-high revenue in Q3, top executive quits2 mins read
Companies of all sizes have said they are building portions of new metaverses. Many have yet to back up those claims. NewsMetaverse hype renews suspicion of market manipulation in China4 mins read
Rabbit will compete against other companies, such as Breadfast and Talabat, to offer express grocery delivery services in Egypt. NewsEgyptian 20-minute grocery delivery startup Rabbit raises USD 11 million in region’s largest pre-seed2 mins read
Innovation and scale are key to standing out in the fray, the report noted. News4 takeaways from Chainalysis’ latest report on competition between crypto exchanges2 mins read
Zomato plans to deploy USD 1 billion over the next one to two years to build a hyperlocal e-commerce ecosystem. NewsZomato posts widened losses for Q3 2021, announces investments in Curefit, Shiprocket4 mins read
Regulatory changes are weighing down revenues for all major tech firms in China. NewsChina’s most valuable company Tencent sees slower growth in profits3 mins read
The company expects to go public in Indonesia in the first half of 2022. NewsGoTo raises USD 1.3 billion from blockbuster investors in first close of pre-IPO fundraising2 mins read
Vision Fund 2 joins USD 188 million investment in Gaussian Robotics. NewsSoftBank makes fresh bet on Chinese robotics startup Gaussian Robotics2 mins read