In the coming years, the platform is expected to drain more than USD 51 million as Lotus takes on Facebook, Instagram, YouTube, and TikTok. NewsLeading Vietnamese internet company VCCorp launches its own social network Lotus3 mins read
UangTeman had a rough start, but it has grown to be one of the most trusted online lenders in Indonesia. InsightsRegulatory compliance is the key to UangTeman’s sustainability: Startup Stories4 mins read
India has announced a slew of waivers in its push to increase the ownership of electric vehicles. NewsHyundai and Kia Motors to buy stake in India’s Ola Electric1 min read
The company claims to be one of the most valuable startups in this sector. NewsChina’s private satellite maker GalaxySpace says its value reached USD 708 million after new funding round1 min read
Tencent’s proposal is part of its further expansion in other sectors. NewsTencent makes acquisition proposal for Chinese car site Bitauto2 mins read
It has partnered with brands and fintech companies to offer social commerce and lending to women. InsightsSairee Chahal has created a women-only social networking platform: Women in Tech5 mins read
A move that may affect rivals such as Alibaba and ByteDance. NewsTencent integrates live streaming into WeChat’s mini program platform to facilitate e-commerce2 mins read
An increasing proportion of young people no longer willing to wait tables in China as restaurant owners look to new technology for answers. InsightsAre robot waiters the answer to China’s labor shortage?5 mins read
Only 15% of teenagers make public posts on the Tencent-owned platform. InsightsTeens are shunning WeChat, showing shifting tastes in Chinese social media4 mins read
Jakarta wants to completely become a ‘smart city’ before 2025. NewsTokopedia, Gojek, and Grab partner with Jakarta’s government to accelerate smart city development2 mins read