The EV maker might need another RMB 15 billion (USD 2.1 billion) in funding between 2019 and 2020 to stay afloat. NewsFollowing CFO, Nio’s vice president of finance also resigns1 min read
Profit the new mantra at Singapore startup once promised ‘unlimited support’. InsightsSoftBank woes and Uber losses put pressure on Asian super app Grab5 mins read
Investments in logistics tech startups have been huge this year. Next year’s financing is expected to be even heftier. InsightsSmart logistics is the Indonesian digital economy’s up-and-coming sector10 mins read
Currently, all startups have to file annual returns and financial documents with Registrar of Companies. NewsIndia might grant startups the ultimate power: non-accountability4 mins read
Indian podcast platform ropes in Xiaomi Ventures, Shunwei Capital and others to invest in the company. NewsShunwei Capital continues to back regional content platforms in India2 mins read
Tencent aspires to position itself as the first player in video social networking before the arrival of the 5G era. NewsTencent wants strangers to know each other while using “masks” in its new social video-calling app2 mins read
The lawsuit is related to hundreds of songs by the popular Chinese singer Jay Chou. NewsTencent Music wins copyright lawsuit against Alibaba-backed NetEase Cloud Music2 mins read
Vietnam has a USD 21 billion financing gap and is Validus’ second location outside of Singapore. NewsPeer-to-business lending platform Validus Capital expands into Vietnam2 mins read
The company saw a series of high profile exits as well as 40% of downsizing. NewsSequoia-backed Indian furniture retailer Urban Ladder sees a silver lining in USD 2 million fund infusion3 mins read
The company is focusing on the auto leasing sector now that China’s EV sales are declining by double digits. NewsBaidu-backed EV maker WM Motor raises its participation in the auto leasing sector with new acquisition2 mins read
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