Akulaku acquired Bank Neo Commerce, gaining more than 10 million new account holders on the Neobank app since its launch in March 2021. InsightsAkulaku opens new frontier for online banking, gaining more than 10 million users in six months4 mins read
Major enterprises and financial institutions are putting cryptocurrency on their balance sheets, legitimizing virtual assets. InsightsElevated by institutional demand, crypto mining firms slide into public markets6 mins read
The last major mutual aid platform in China is going offline. NewslettersDaily Digest | Safety nets1 min read
Aside from an overhaul in license review processes, the platforms will also need to improve their drivers’ compensation and welfare. NewsChinese cargo delivery platforms are in the hot seat after failing to review driver credentials2 mins read
The company claims a glitch in its content screening system led to exploitative content being posted on its platform. NewsAuthorities fine Xiaohongshu RMB 300,000 for failing to protect minors2 mins read
Innovations in food and agriculture, renewable energy, and electric mobility are crucial to tackling environmental challenges. InsightsInvestments pour into Southeast Asia’s climate tech solutions as temperatures rise6 mins read
Douban users seek new places to gather and discuss the things that matter to them. NewslettersDaily Digest | Intercontinental flyways1 min read
With the new funding rounds, Swiggy will sharpen the focus on quick commerce, while Ola Electric will ramp up the production of its two-wheeler EVs. NewsMajor Indian startups kick off 2022 with big checks4 mins read
One out of every three cybersecurity unicorns in the world is an Israeli company. NewsIsraeli cybersecurity firms raised record USD 8.8 billion in 20212 mins read
Xiang Hu Bao has issued payouts to 186,000 patients since its inception. NewsAnt Group to shutter China’s largest mutual aid platform Xiang Hu Bao this week2 mins read