With regulators cracking down, the vast majority of Chinese P2P lenders is expected to disappear. Dianrong does not want to be one of them. NewsP2P lending platform Dianrong seeks USD 100 million investment2 mins read
Moving forward, it plans to partner with major e-money platforms. NewsSoutheast Asian smart retail startup Blue Mobile closes Series C funding round led by Ant Financial1 min read
No sign of slowdown: Chinese consumers made 60.5 billion mobile payment transactions in 2018 NewsChinese mobile payments hit new record with 61% growth in 20181 min read
Chinese ordering food online only accounted for 49% of the country’s entire internet population, the lowest utilization late among all internet services, indicating there is more room for food dNewsOne out of two Chinese uses e-commerce sites, but appetite for online food delivery still lagging1 min read
The elderly are coming online. InsightsHow will China’s internet economy develop further? (Part two)2 mins read
Sending and receiving electric red envelopes posed the biggest pressure to the clearinghouse, followed by shopping and dining. NewsChina’s new centralized clearinghouse handled 4.55 billion online transactions during spring festival1 min read
The funding round is said to be one of the largest single funding rounds ever raised by a Vietnamese startup. NewsVietnamese fintech startup Momo bags US$100m from Warburg Pincus2 mins read
Indonesian fintech player launches an aggregator app to streamline offline payments. NewsMoka launches payment aggregator Moka Pay in Indonesia2 mins read
NewsDeals in brief: Salmon raises USD 88 million, InstaPay closes Series A2 round, ten China deals, and more
