And they’re handing cash out to customers left and right. NewsChinese unicorn Luckin mortgages its coffeemakers for a $6.7 million loan (updated)1 min read
The company already has presence in Malaysia, Singapore, Thailand, and Indonesia NewsMalaysian logistics startup TheLorry raised USD 5.85 million Series B funding2 mins read
The company was originally founded in the US, but moved to Vietnam. NewsVietnam’s Jio Health nabs $5m in Series A round1 min read
More fintech, more cash, more data. NewsFintech startup Koku secures $2m in pre-Series A funding1 min read
Didi had over 200,000 EVs registered on its platform in January 2017. NewsLeading EV charging operators disconnect themselves from Didi Chuxing2 mins read
China’s three tech giants Baidu, Alibaba and Tencent all made “major announcements” on April 1st. NewsWhich Chinese April Fools’ joke got you best?1 min read
E-commerce brings convenience to millions of shoppers, but a worrisome side-effect is that it contributes to mounting packaging trash. NewsJD.com expands ‘green packaging’ to nearly 30 cities2 mins read
The Hong Kong-listed tech behemoth hopes the repurchase would push up its stock price. NewsTencent to buy back up to 10% of its shares1 min read
Grab says FPT, the largest IT service provider in Vietnam, is ‘considering integrating’ Grab’s mobile wallet into its retail ecosystem. NewsGrab partners with giant Vietnamese IT service provider on traffic management and, possibly, payments2 mins read
Alibaba is building its own live-broadcasting e-commerce empire, while simultaneously also being a backer behind Ruhnn, a platform that identifies and cultivates key opinion leaders. NewsTaobao’s ‘e-commerce via live broadcast’ empire aims higher as annual turnover exceeds USD 15b2 mins read