NewsEV maker Faraday might have a future after all as it raises new capitalThe company has tapped various sources to stay afloat. 3 mins read
VSPN recently acquired the firm of Wang Sicong, son of Wanda-founder Wang Jianlin. NewsTencent-backed e-sports firm VSPN closes USD 60 million Series B+ round2 mins read
Lalamove’s orders increased 50% in 2020, despite a 93% year-on-year decrease in February. NewsOn-demand logistics firm Lalamove valued at USD 10 billion after new round2 mins read
The online purchase of fresh food is increasing rapidly in China. NewsCold-chain logistics firm Xianshenghuo raises USD 92.5 million in Series A2 mins read
A frenzy of SPAC mergers took place in 2020. In the coming year, blank check companies may give Southeast Asian tech companies a route to new investors. InsightsSPAC attack: Southeast Asian unicorns ditch conventional IPOs6 mins read
The transformation of China’s freight industry through mobile internet is far from over, according to Lalamove founder Zhou Shengfu. NewsOn-demand cargo delivery platform Lalamove closes USD 515 million Series E round1 min read
The fresh investment would value ByteDance at USD 180 billion. NewsByteDance expects to raise USD 2 billion in new round led by Sequoia and KKR1 min read
The PE firm says its USD 88 million Myanmar-focused fund is the largest in the country. InsightsCOVID-19 brings new investment opportunities in Myanmar, says founder of Ascent Capital5 mins read
Zhenkunhang has scored USD 315 million in its Series E round. NewsJack Ma’s PE firm leads investment round of e-commerce site backed by Tencent2 mins read
