NewsIndian logistics startup ElasticRun in talks to raise USD 55 million from NaspersLogistics spend in India is 13%-14% of the GDP. 2 mins read
App goes viral within days of debut, but users worry over financial identity theft, among other issues. NewsChinese face-swap app Zao faces backlash over user data protection3 mins read
Nio has only fulfilled less than 30% of its annual sales target. NewsChinese EV maker Nio dangles ‘zero down payment’ in Shanghai to pursue sales target1 min read
ByteDance wants to keep its growth momentum. NewsByteDance reshuffles management in bid to build a third app with 100 million DAU1 min read
The company is one of the only four companies to receive a robotaxi license from California. NewsShanghai ties up with startup AutoX to pilot robotaxi operations2 mins read
Walmart-owned Flipkart is preparing for the festive period that sees increase in online sales across category NewsFlipkart to invest USD 40 million in last-mile delivery startup Shadowfax2 mins read
India has one of the largest school-going population in the whole world, speaking to the tremendous potential in edtech space. NewsIndian K12 online tutoring startup Vedantu raises Series C amidst resurgent edtech boom3 mins read
The Chinese auto maker, which is to further reduce 1,200 people, will welcome Zhang Lei in September. NewsExclusive | EV maker Nio taps former Google veteran to save troubled software unit2 mins read
China’s largest food delivery service platform says it could help improving delivery efficiency and speed. NewsMeituan tests unmanned delivery with robots in Beijing and Shenzhen2 mins read
