But the Chinese startup was reportedly facing huge financial difficulties last year. NewsToyota to sell EV technology to Singulato in exchange for green car credits2 mins read
With nearly three-fold year-over-year growth in China in Q1 2019, the president of Airbnb China, Peng Yu, expects the country to become Airbnb’s top revenue-driver by 2020, 36Kr reports. The comNewsAirbnb expects China to be its biggest market in 20201 min read
Grab started food delivery much later than Go-Jek in Indonesia but was the first to introduce cloud kitchens in the country. NewsGrab opens two new ‘cloud kitchens’ in Central Jakarta2 mins read
Ever hopeful, Minister Rudiantara targets 20 new unicorn companies by 2025 NewsGovernment foundation hopes to boost the emergence of new unicorns in Indonesia2 mins read
VCG came under fire last week for selling images of the Chinese flag and state emblem, which is prohibited in the country NewsChinese state media want to play major part in photo licensing market after VCG controversy1 min read
Enovate’s ME7 model has a longer range than Tesla’s Model 3, a hint that it may be using all-solid-state battery technology. NewsTesla’s Chinese challenger Enovate Motors closes Series A round at USD 134 million2 mins read
With regulators cracking down, the vast majority of Chinese P2P lenders is expected to disappear. Dianrong does not want to be one of them. NewsP2P lending platform Dianrong seeks USD 100 million investment2 mins read
Tencent is reportedly in the process of choosing a manufacturer for this phone NewsTencent may launch a phone for its game lovers1 min read
A 5G contender gets a “surprise visit” on Huawei’s home turf. NewsEricsson under anti-trust investigation by Chinese government as 5G competition heats up around the globe2 mins read
Their housing benefits have been cut too. NewsJD founder Richard Liu cites “huge losses” for scrapping couriers’ base salaries1 min read