NewsHome services startup Urban Company becomes latest Indian unicorn with USD 2 billion valuationUrban Company is the eighth startup to achieve unicorn status in April. 3 mins read
Earlier this month, Meituan was among 34 tech firms that were urged to correct anti-competition practices. NewsAfter fining Alibaba, Chinese regulators start antitrust probe into Meituan2 mins read
Here’s how one startup is thriving in the cutthroat arena of online groceries. InsightsIs Nice Tuan about to replace China’s supermarkets?6 mins read
MissFresh reportedly submitted an application for a US IPO, but its relatively small revenue size may cause hitches. NewsTencent-backed online grocer MissFresh sets up shop on JD’s platforms, ending rivalry2 mins read
The formation of GoTo will unlock many synergies for Gojek and Tokopedia, an expert says. InsightsWhen green bike jackets meet blank boxes: The ‘GoTo’ route for Gojek and Tokopedia6 mins read
Tencent will remain Meituan’s biggest institutional shareholder with a 17.2% stake. NewsKEY STAT | Meituan raises funds to fend off challengers in lucrative localized lifestyle services1 min read
Grab had a humble beginning but it is now set to go public in the world’s largest SPAC merger. InsightsAll eyes on Grab: From a Harvard University project to a USD 40 billion business10 mins read
The company plans to use the money to facilitate its proposed offshore restructuring and fulfill its obligations under the USD 180 million settlement with the US SEC. NewsScandal-hit Luckin Coffee raises USD 250 million, regains trust from investors2 mins read
Accumulated losses reach USD 10 billion; Singapore company raises Myanmar risk. InsightsGrab CEO takes 60% of voting rights: 5 take-aways from IPO plan4 mins read