IPO

Chinese fintech’s performance will set the tone for others coming to market.

The company’s childhood education apps have gathered 10.3 million monthly active users in the second quarter of 2020, up 222% year-on-year.

Didi Chuxing’s carpooling service, Hitch, faced significant setbacks when two passengers were killed by drivers using its app in separate incidents.

In 2019, Big Hit Entertainment surpassed the combined profit of South Korea’s big three entertainment labels SM, JYP, and YG.

It’s also the second spinoff from JD.com to go public so far this year.

And there are more penalties coming its way.

Indian technology companies have been trying to distance themselves from their Chinese backers amidst the ongoing political tension.

The firm has greater ambitions than just being the operator behind payment platform Alipay.