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E-commerce, fintech, and edtech were the most funded verticals in the past 18 months.

Chinese market accounts for 70% of sales, reversing past source of revenue.

Tencent Q2 profits surged nearly 30% despite regulatory crackdowns.

After launching RedDoorz in 2015 and failing in 2019 with another hospitality startup in New York, Singhi is currently leading a cloud kitchen firm called DishServe in Indonesia.

Check out Oasis, KrASIA’s sibling site.

The development comes three weeks after the Mumbai-based beauty brand closed a USD 71.3 million Series C round to scale its business across the South Asian market.

Around 1.9 million short videos and 7,000 popular films and shows have been removed.

Human drivers may become a thing of the past.

Thailand has similar agreements with Vietnam, Malaysia, Cambodia, and Singapore.

Despite robust growth, Sea reported net losses to the tune of USD 433.7 million in the second quarter, up 10.2% YoY.