Its Tianjin plant was shut down in 2018. NewsSamsung begins layoffs in its last factory in China1 min read
The plot thickens. NewsUS startup backed by Microsoft and Dell sued by Huawei for stealing trade secrets1 min read
It would use RMB 1.8 billion from the first batch of the bonds to repay old debt. NewsAfter gaining USD 633m from Alibaba, Chinese furniture retail center developer Red Star Macalline plans to issue USD 579m in bonds2 mins read
The startup locked in USD 10 million in Series A funding last month. With a long history in cross-border payments, it’s one to keep an eye on. Q&AWe do mass-payouts for thousands of Grab drivers: Thunes CEO Steve Vickers5 mins read
Its strategy in Europe is focused on Chinese travelers. NewsAlipay triples number of European merchants in one year1 min read
The adjustment was made because Huawei’s growth target has been affected by the US ban. NewsCanalys trims 2019 global smartphone shipment forecast by more than 3%1 min read
Growth is key, but proceed with caution. InsightsMehedi Hasan Sumon of MyCash on centralizing operations to reduce costs: Startup Stories3 mins read
What will these two talk about? Buffet once slammed cryptocurrency as “rat poison squared”. News28-year-old Chinese crypto boss is shelling out USD 4.6 million for lunch with Warren Buffett1 min read
It plans to ship its first EV by Q1 2020. NewsChinese EV startup Bordrin raises USD 362 million to speed up mass production1 min read
The Philippines transportation authority keeps a tight lid on the number of vehicles it lets into ride-hailing networks. NewsGrab will deactivate at least 8,000 drivers in the Philippines to comply with local regulation2 mins read