It seems that this is not Carsten Breitfeld’s first invitation to steer a Chinese EV startup. NewsFaraday Future hires away ex-BMW exec Carsten Breitfeld into its rescue2 mins read
The startup was riding high on a wave of national interest in the development of AI, but quickly encountered its own limitations. InsightsDeepGlint, once a promising Chinese AI pioneer, struggles to regain its glory5 mins read
Users can now buy life insurance products through the Traveloka app. NewsIndonesian unicorn Traveloka introduces new insurtech services through Traveloka Protect1 min read
Indonesia’s Gadjian tries to remove bottlenecks in HR by helping practitioners automate recurring tasks. EventsAfia Fitriati on relieving ‘HR pains’ with Gadjian: Women in Tech3 mins read
After the recent sale of his stake in Flipkart, Binny Bansal still owns a little over 3% in the company. NewsFlipkart co-founder Binny Bansal offloads shares worth USD 14 million to Tiger Global2 mins read
The company pins hopes on the new tea business amid widened losses. NewsLuckin Coffee has bigger ambition for selling tea as it spins off Luckin Tea brand2 mins read
Short video platforms are tapping into e-commerce. NewsTencent-backed Kuaishou sells USD 14 million goods via short video app in 3 days2 mins read
The Alibaba-backed microblogging site aims to chip away users from its popular rival app, RED. NewsWeibo’s own version of Instagram in the works1 min read
WM’s two co-founders and CFO used to work for Geely. NewsGeely sues EV rival WM Motor in China’s first IP legal battle between gasoline and EV forces2 mins read
Luckin is taking a page from the likes of Starbucks to sell coffee mugs as an extra revenue source. NewsOther than coffee, Luckin now wants to sell merchandised cups in China2 mins read