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The round was led by Temasek-linked Pavilion Capital and China-based VC Gaorong Capital.

The device is worn like a jacket and provides an extra 30 kilograms of strength at waist-level when lifting objects.

With a total of over USD 100 million fund infusion till now, it will have to compete with Ola as well.

The Singaporean property tech startup speeds up Indonesian expansion with new exec appointment.

Housing is a key issue for Chinese citizens.

Treating drivers as employees will alter cost calculations for Asia’s booming gig economy.

The Middle Kingdom is finding alternative measures to boost EV sales in a post-subsidy era.

Apple has plans to shift 15-30% of its production from China to other countries amid an escalating US-China trade war.