Part of the deal is a merger with OLX Philippines. NewsSingapore’s Carousell raises USD 56 million from OLX parent company Naspers2 mins read
One step closer to China’s target of having five million new energy cars on the road by 2020. NewsNew energy vehicle sales in China maintain momentum by doubling transactions in March1 min read
Neuron Mobility expands further into Malaysia, aiming to grow its presence in Southeast Asia. NewsNeuron Mobility rides into its fifth major Southeast Asian city1 min read
The e-commerce’s travel channel is now operated by Tuniu, under an agreement which is to expire next year. NewsJD.com shifts attention to travel business with new subsidiary1 min read
Cambodia’s Prime Minister also pledged to establish an annual USD 5 million fund to strengthen the tech sector NewsCambodia launches government-funded Startup Center1 min read
Another helicopter ride-sharing service pops up, this time it is launched by a ride-hailing company. NewsVietnamese ride-hailer FastGo launches helicopter rides for tourism1 min read
The company has also raised its valuation from USD 75 billion to USD 90 billion. NewsByteDance issues pre-IPO options to employees in bid to improve cash flow1 min read
“A normal staff turnover” should be the real case, says the e-commerce giant. NewsJD.com denies that it’s laying off 8% of its workforce1 min read
Shopback is the leading player in Southeast Asia’s e-commerce cashback market NewsShopBack raises USD 45 million funding led by Rakuten, EV Growth2 mins read
Prepare to be flushed with cash. NewsChina’s largest fund manager Tianhong lifts cap for Yu’e Bao subscription1 min read
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