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Qapita is working on a feature for the digital issuance of shares and employee stock ownership plans.

During the pandemic, the startup has seen multi-fold growth.

The firm just received USD 20 million investment in a Series A+ round led by Source Code Capital.

This move allows smaller companies and livestreamers to capitalize on the rapidly growing livestreaming e-commerce sector in China.

The move is Meituan’s second foray into China’s RMB 5 trillion (USD 733 billion) fresh food retailing industry.

Cumulatively, the revenue of 30 startups in GAP’s third cohort grew from USD 6 million to USD 10.6 million.

SoftBank has held discussions with India’s two largest telecom operators for buying out TikTok India in August.

And the lackluster earnings results have brought down Momo’s share price.