SoftBank Ventures Korea co-led the round. NewsSingapore’s Carro raised $60m in growth and expansion push1 min read
Tencent Mobile Internet Business Group gets a huge boost with coveted Shenzhen’s automobile road test license. NewsTencent’s automatic driving laboratory gets the green light to test self-drive cars in Shenzhen1 min read
Singapore’s Carousell receives much-needed ammunition to take on its competitors. NewsSingapore-based Carousell garnered $85m Series C funding support amidst growing regional competition1 min read
Alibaba powers on via new retail and international expansions. InsightsAlibaba’s quarterly revenue grew by 61%; New retail and international expansions to drive bold forecast for 20193 mins read
Plus, Didi Chuxing suspended hitch service. Walmart may list Flipkart. NewsKrASIA Daily: Grab rival U-Hop raises fresh funding to expand in SE Asia and the US2 mins read
Since May 12, Didi Chuxing has suspended its hitch service for a week. NewsKrASIA Weekly Roundup: Didi Chuxing allows drivers to view information about passenger’s appearance2 mins read
15 startups from Belt-and-Road countries will enter the accelerator to enhance their competitive edge. NewsAtWork kicks off startup accelerator program in Xiamen amid Belt-and-Road initiative2 mins read
China’s co-working space AtWork kicked off an accelerator program on Friday dedicated to startups in Belt-and-Road countries. VoicesWin-win cooperation between Chinese companies and startups in Belt-and-Road countries1 min read
JD.com bravely fights on as share price fell 4% after the financial release. InsightsIs JD.com bleeding too fast in its new retail war with Alibaba?3 mins read
Stunning growth in food and beverage delivery services opens more opportunities for app-related services. InsightsChina’s burgeoning food delivery drives growth of lifestyle ecommerce sector3 mins read
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