NewsWebuy, founded by former Alibaba executive, raises USD 100 millionIt is deeply rooted within WeChat’s ecosystem and is backed by Tencent. 2 mins read
The largest financing deal in China’s online education sector this year so far. NewsGGV and KKR lead online math-and-science-teaching platform Huowa’s USD 85 million Series D financing1 min read
Uang Teman is set to acquire another P2P lending platform and expand into the Philippines. NewsIndonesian lending platform Uang Teman makes first close of USD 10 million Series B round1 min read
It continues diversifying its content types, challenging video streaming sites. NewsTikTok rival Kuaishou to spin out Zhuiya, a standalone app to host its short drama series2 mins read
It claims to cover 60% of China’s cloud-based facial recognition market. NewsChina’s largest facial recognition developer Megvii files for HK IPO1 min read
The fate of a company, especially an internet company, might be closely related with its ability to hire talented, young people. NewsTop 10 most attractive workplaces in China for young programers2 mins read
Grab still faces competition from Gojek and local ride-hailing firms in Vietnam. NewsVietnam to receive an investment of “several hundred million dollars” from Grab2 mins read
The automaker claims it will be the first trading platform dedicated to pre-owned electric cars. NewsBaidu-backed EV maker WM Motor plans secondhand trading platform for electric cars1 min read
India has become the battleground of American retailing giants Amazon and Walmart through its local investee Flipkart. NewsAmazon on India spree: Buying retailer stake and launching grocery delivery3 mins read
