NewsQutoutiao’s free novel platform Midu raises USD 100 million in Series B amid suspensionThe target is to maintain 10 million daily active users by the year’s end. 1 min read
Local governments want to develop a data labeling industry for stable employment and to alleviate poverty, but the reality is far more complicated. InsightsData labeling jobs are coming to underdeveloped regions in China, but can they stay?6 mins read
The old cash-burning gamble does not always pay off. NewsCash-burning e-commerce platform Taojiji offers a debt-for-stake swap plan to pacify thousands of merchants3 mins read
14 of 58 batches of these devices were found unqualified. NewsWatchdog accuses JD.com and Alibaba for hosting unqualified child safety seats1 min read
A cash-burning company’s sad story. NewsAfter gathering 130 million users, Chinese e-commerce platform Taojiji announces hard reshuffle amid debt scandal2 mins read
Paytm competes with the likes of Walmart-owned PhonePe, Google Pay, and Amazon Pay. NewsAlibaba-backed payment company Paytm to raise USD 2 billion3 mins read
China’s top e-signature service providers are competing for a paperless future. NewsE-signature firm Esign raises USD 100 million in Series C round, led by Ant Financial1 min read
Global giants like Alibaba, Amazon, Google, and Facebook are keeping a close watch on Indian digital payments opportunity, which is very much untapped since half of the Indians are yet to come online.InsightsIndia’s digital payment market is getting more competitive with PhonePe spin-off5 mins read
US e-cigarette giant Juul Labs is also affected by the US regulators’ growing scrutiny. NewsAlibaba and JD.com end sales of e-cig products to US buyers amid vaping crackdown2 mins read
NewsDeals in brief: Carro and Dat Bike raise funding, Terra Oleo debuts with seed round, six new China deals, and more