NewsGoogle-backed Dunzo raises USD 11 million in debt funding from Alteria CapitalThe company competes with food-delivery major Swiggy. 2 mins read
The vehicles can complete deliveries within a 5 km radius. NewsMeituan makes first grocery deliveries in Beijing with driverless vehicles2 mins read
Mobile games, short-video apps, and online medical services are some sectors who saw growth. Visual StoriesInfographic | Coronavirus-impacted economy brings new opportunities to these tech sectors2 mins read
The investment comes from Taiwanese motorcycle maker KYMPCO. NewsGrab secures USD 30 million funding for GrabWheels service1 min read
Swiggy has partnered with 95 restaurants in 13 cities and has already set up 100 brands under its new BrandWorks cloud kitchen tag. NewsIndian food delivery giant Swiggy launches new cloud kitchen brand3 mins read
Business units of Alibaba and JD.com, as well as e-commerce start-up Meicai, have initiated temporary staff recruitment programmes. NewsE-commerce companies offer temporary jobs to thousands amid coronavirus outbreak3 mins read
This comes a month after the ‘ antitrust body fined Grab USD 319,000 for overpricing and ride cancellations. NewsGrab’s selfie verification, in-car recording suspended in the Philippines2 mins read
The company said thousands of policies have been sold through GoSure’s pilot since October 2019. NewsGojek launches digital insurance service GoSure1 min read
Luckin saw its stock sink up to 27% on Friday after short-seller Muddy Waters disclosed a report alleging that Luckin fabricated financial figures. NewsAs Luckin responds to fraud allegations, its stock remains down2 mins read
NewsDeals in brief: GIC backs legal AI firm Harvey, Amity and Startale raise funding, China logs 14 investments, and more
