Retail

The walls of China’s tech gardens are slowly being torn down.

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.

Genki Forest CEO Tang Binsen is a programmer and former gaming executive who is looking to shake up the beverage industry.

The retail cloud business is growing rapidly, adding 3,201 new stores last year and achieving profitability.

Bukalapak has reportedly hired Bank Mandiri’s securities arm to seek a merger with a US-based blank-check company.

Pine Labs counts Mastercard, PayPal, and Temasek among its investors.

Following robust growth in international markets, Jet Commerce aims to double its revenue this year.

Orami boasts more than 5 million monthly active users, as well as a large and loyal community and customer base.