The investment comes shortly after the Ant Group-backed firm saw a 254% year-on-year growth in transactions in 2020.

Regional investors have also set their sights on Myanmar’s fintech market where 80% of the country’s 55 million people are unbanked.

As Myanmar’s education sector learns from the challenges presented by COVID-19, edtech can remove geographic and socioeconomic barriers to quality education.

The company had been struggling for a while and already laid off 11% of its workforce in September.

Carro aims to triple its revenues and fundraise in 2021. The company is considering an IPO in the next two or three years.

Mohan Belani, co-founder and CEO of e27, talks about the learnings and lessons for tech media during a pandemic in Southeast Asia.

Crystal Widjaja, formerly in charge of data collection at Gojek, now promotes the learning of STEM for women in Indonesia via Generation Girl.

Bilibili is using its cachet in anime to set it apart from Tencent and iQiyi.