NewsAscend Money becomes Thailand’s first fintech unicornIn 2020, the fintech firm logged USD 14 billion in payment volume. 1 min read
EV unit was expected to use funds for auto development and working capital. NewsEvergrande halts plan for mainland China electric car listing3 mins read
Alibaba Group joined the investment as a new backer of Ninja Van. NewsNinja Van raises USD 578 million from Alibaba and other investors2 mins read
The media sector generates sizable revenue for Alibaba, but that may change soon. NewsAlibaba to sell entire stake in Mango Excellent Media at USD 356 million loss2 mins read
Sogou is China’s second largest search engine with 14.3% of the market share. NewsTencent takes Sogou private in acquisition deal2 mins read
Nearly 70 million people are expected to shop online during the first week of festive sales, which will kick off in early October. NewsIndian festive season sales to cross USD 9 billion in GMV in 2021: RedSeer3 mins read
Data law delay blamed for accidental release of records of 106 million tourists. NewsThailand’s cybersecurity negligence causes personal data breaches3 mins read
Niio’s open platform gives consumers a way to experience and share digital art. NewsIsrael’s Niio.art secures USD 15 million following Samsung Displays deal3 mins read
The company has released its 2020 fiscal report, which shows narrowing losses. NewsEmbattled Luckin Coffee to pay USD 187.5 million to settle US investors’ claims2 mins read
