NewsBigbasket raises USD 60 million bridge round led by AlibabaThe demand for grocery products has sky-rocketed during the lockdown in India. 2 mins read
The strategic investment is part of Aerodyne’s two-year global plan that might result in seven acquisitions. NewsMalaysia’s Aerodyne expands into the Middle East1 min read
The city’s monetary authority also announced a USD 125 million support package for the finance and fintech sectors. NewsSingapore delays digital bank assessments as COVID-19 puts city under lockdown1 min read
Bilibili users can now watch music videos from artists like Beyonce, Mariah Carey, Bob Dylan, and Oasis on the site. NewsCHINA BRIEF | Bilibili to offer Sony music videos on its platform1 min read
A campaign called “Mayors Show Hubei to You” kicked off on short video app Douyin on Wednesday. NewsSenior Hubei officials go live on Douyin to promote food and culture as virus lockdowns lift3 mins read
Neat, a fintech startup from Hong Kong that provides financial services to small businesses, said it has raised USD 11 million in a Series A round. NewsSME-focused fintech firm Neat banks USD 11 million in Series A funding2 mins read
Independent bookstores are livestreaming on platforms like Taobao to reach readers, but many hope this will be temporary. NewsCan livestreaming help China’s bookstores survive the pandemic?4 mins read
Meishang’s Chinese domestic brand Colorkey ushered in more than RMB 200 million in revenue in just one year since its Tmall debut. NewsCHINA BRIEF | Sequoia-backed cosmetics startup Meishang closes USD 28.3 million Series A1 min read
The special committee of WeWork‘s board said it is suing SoftBank after the investment giant withdrew its USD 3 billion tender offer. NewsWeWork sues SoftBank over canceled USD 3 billion tender offer1 min read
