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The company’s technology can sort 2,500 products per hour, slashing logistics expenses in an industry with rising labor costs.

Open banking initiatives benefit “embedded fintech” solutions that are set to grow into a USD 3.6 trillion market, according to Bain Capital.

Shouqi bills itself as an upscale, exclusive ride provider with government backing and connections.

The beauty-focused social commerce platform has over 4,500 active resellers that carry beauty products, mostly from Japan and Korea, for Indonesian customers.

What does it take to make an outstanding car?

WalkMe counts more than 30% of Fortune 500 companies as its clients.

Besides Carro, Malaysia’s Carsome is reportedly raising new funding that will lead to a USD 1 billion valuation.

Progcap competes with SoftBank and Alibaba-backed Paytm, Walmart-owned PhonePe, and Coatue Management-backed BharatPe.

Tencent is ramping up investments even as regulators scrutinize big tech.

Didi Chuxing leads new clique of companies seeking to raise as much as USD 17 billion.