NewsToyota Group and Japan’s SMBC Trust Bank invest in Indian bus-hailing startup ShuttlShuttl’s current valuation has peaked to USD 200 million. 2 mins read
Over 42.6 million handsets have been shipped to India in the last two months to cater to the demand. NewsOnline mobile sales skyrocket during festive season in India3 mins read
A move to go beyond its own app and stores. NewsAlibaba’s grocery retail chain Freshippo joins Ele.me to expand services1 min read
It can be called China speed. NewsAlibaba’s Cainiao ups rivalry with SF Express by promising 24-hour delivery through couriers alliance1 min read
The Chinese startup claims it has been testing its autonomous robotaxi service, PonyPilot, in Guangzhou since late last year. NewsPony.ai, founded by autonomous driving pioneers from Google and Baidu, partners with Toyota on self-driving tests2 mins read
In China, 50 billion parcels are delivered annually, causing a mountain of wasted cardboard boxes. NewsAlibaba’s logistics arm Cainiao and China’s 5 major courier services try to put an end to packaging waste2 mins read
The two companies will join forces to collaborate on 5G use cases. NewsZTE and automaker Chery set up joint venture to develop 5G cars1 min read
Last year, Samsung said it was considering introducing the ODM system to China. NewsXiaomi to launch a new 108MP smartphone with Samsung’s latest camera technology2 mins read
Its app was hosting information about illegal substances and unlicensed beauty treatments. NewsDays after being removed from distribution, Alibaba-backed social commerce unicorn Xiaohongshu says it is reshuffling content2 mins read
NewsDeals in brief: Wavemaker Impact leads Arysun’s pre-seed round, Nuevocor raises USD 45 million, latest funding deals in China, and more