It was valued above USD 2.5 billion in the previous fundraising round. NewsAnt Financial-backed Hello Chuxing seeks hefty financing that would take valuation to USD 4 billion2 mins read
The asset-heavy operation was unsustainable. NewsDaimler’s car-sharing platform car2go exits China1 min read
P2P loans fill a critical gap in the country’s financial landscape, but there are still potent risks. InsightsReviving trust: P2P lending in Vietnam5 mins read
Impossible Foods, the California-based food tech company that produces plant-based meat has raised USD 300 million in a Series E round led by Singapore’s Temasek Holdings and Hong Kong tycoon LiNewsImpossible Foods raises USD 300 million in Series E round co-led by Temasek and Horizons Ventures1 min read
Trade tensions continue to escalate NewsUS commerce department bans six Chinese companies from buying sensitive US technologies2 mins read
Where do you shop? NewsAlibaba is the second most valuable retail brand worldwide, following Amazon1 min read
Debt solutions for the startup ecosystem. NewsInnoven Capital pulls in USD 200 million from Temasek and UOB1 min read
The Shenzhen Stock Exchange had queries. NewsEV subsidiary cuts and heavy R&D spending led to drop in profits, says BYD1 min read
Its offerings are rooted in animation, comics, and games. NewsAlibaba-backed Bilibili sees sixfold increase in e-commerce revenue and healthy user growth, but widening losses1 min read