The new tea company is moving fast, following Luckin Coffee’s example. NewsLuckin Tea to settle in 20 Chinese cities soon2 mins read
China’s top e-signature service providers are competing for a paperless future. NewsE-signature firm Esign raises USD 100 million in Series C round, led by Ant Financial1 min read
Global giants like Alibaba, Amazon, Google, and Facebook are keeping a close watch on Indian digital payments opportunity, which is very much untapped since half of the Indians are yet to come online.InsightsIndia’s digital payment market is getting more competitive with PhonePe spin-off5 mins read
Drivers who rented cars through Grab’s program were offered “3x priority allocation.” This raises questions about its matchmaking algorithm. NewsGrab accused of offering preferential treatment to drivers in its rental program by Indonesian competition watchdog (update)4 mins read
The Arena Pitch Battle gave five startups the opportunity to perform and pitch in front of judges to attract investors. InsightsThe Arena Pitch Battle in Tech In Asia Conference 2019: Early Stage3 mins read
One dark side of China’s fast-growing consumer loan industry. NewsLoan platforms backed by JD.com and Baidu face controversy as English-training agency Webi goes bankrupt2 mins read
The Chinese conglomerate continues to diversify amid weakness in entertainment sector. NewsTencent expands health care investments in USD 500 million Hillhouse deal2 mins read
After snagging USD 434 million from investors, Zhihu has been trying to raise its profitability. NewsBaidu and Kuaishou-backed Q&A platform Zhihu rolls out live streaming feature to speed up monetization efforts1 min read
The platform connecting travelers with local landlords is one of the fastest developing platforms in China in this sector. NewsMeituan rebrands its lodging marketplace to take on Airbnb in China2 mins read
One of the world’s top unicorns is said to be exploring AI-driven titles to cater to the massive gamer base in China. NewsByteDance deploys gaming teams in five cities in bid to double 2019 revenue1 min read