Fundraising will fall short of USD 300m initial target amid trade tensions. NewsNetEase e-learning unit Youdao sets for US IPO next week2 mins read
In China, live streaming has become a key promotional method for consumer-facing vendors. NewsChina’s regulators announce crackdown on platforms hosting online celebrities selling unqualified food via live streaming2 mins read
Local e-commerce platform Sendo is neck-to-neck with regional player Shopee in terms of web traffic. NewsShopee and Sendo are top e-commerce platforms in Vietnam by web traffic2 mins read
Smart speaker vendors are expanding the AI assistant technology into Chinese’s everyday lives. News85% of Chinese sans smart speaker plan to get one: report1 min read
Facial recognition for toilet paper dispensing first appeared in 2017 in a public restroom in Beijing. InsightsIn China, AI helps sort rubbish, catch criminals and improve traffic – now it’s used to stop toilet paper theft2 mins read
China’s JD Logistic is now allowing cars to be used as mailing address. NewsChinese shoppers can now have their parcels delivered to their cars1 min read
Acquired by Grab in 2017, Kudo now has merged completely into Grab’s ecosystem. NewsIndonesian O2O platform Kudo rebrands itself into ‘GrabKios by Kudo’2 mins read
Kuaishou’s latest move to compete with ByteDance’s Douyin. NewsTencent-backed Kuaishou plans to spend USD 565 million on marketing to achieve ‘300 million DAUs’2 mins read
Localized network deployment and reasonably priced spectrum will be the main drivers. NewsEarly rollout of 5G in Singapore expected, says Fitch Ratings3 mins read
Riding with strangers still presents risks and dangers. NewsWoman robbed by driver using Ant Financial-backed Hello-Chuxing’s hitchhiking platform2 mins read
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