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The capital will be used to fuel its expansion across the region. NewsSingaporean car marketplace Carro buys Indonesia’s Jualo and adds USD 30 million to its Series B round2 mins read
One of the biggest trends in 2019 is the rise of the ‘copy-from-China’ approach by western firms. OpinionShould we stop calling Didi Chuxing ‘China’s Uber’?4 mins read
A joint hunt for a younger audience has started. NewsLuckin Coffee and Netease Music open first music themed coffee shop in Shanghai2 mins read
New funds are a life-or-death matter for China’s EV makers. NewsSequoia-backed Chinese EV maker Leapmotor raises USD 51.2 million to speed mass production1 min read
Regulators say Zalo, already with 100 million users, has not been licensed to operate as a social media network. NewsVietnam’s popular messaging app Zalo under regulatory pressure1 min read
ByteDance is now directly challenging two of China’s most powerful internet giants. NewsByteDance to launch its first heavy game early next year, challenging one of Tencent’s core businesses2 mins read
Line’s business accounts tailored for SMEs are merging with the ones intended for big corporations. NewsMessaging app Line lambasted for raising monthly fees for Thai SMEs2 mins read
It could make Didi’s balance sheet look neater for now, but the ride-hailing company is still far from being profitable. NewsDidi spins off costly autonomous driving unit2 mins read
Tencent and ByteDance are locking horns on multiple fronts. NewsKuaishou becomes stickier in WeChat, tapping the social media giant’s 1.1 billion users1 min read
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