The Huawei Pay app launched in 2016 and used UnionPay’s mobile service, Yunshanfu. NewsHuawei gains payment license after latest acquisition2 mins read
Chinese developer due to update investors on debt repayment progress this week. NewsEvergrande to pocket USD 2 billion from sale of stake in online platform2 mins read
For Q4 2020, the firm reported a 91% year-on-year increase in revenues, while the net loss widened to USD 129.3 million. NewsKEY STAT | Bilibili drops in Hong Kong debut in another tepid homecoming listing1 min read
Indonesian investment platforms are seeing increasing interest from investors. NewsIndonesian trading app Ajaib bags funds from Robinhood investor2 mins read
Almost half of the Chinese netizen population, or about 490 million customers, had ordered food online in 2020. VideosVIDEO | The true cost of online food ordering and delivery1 min read
IvyCap will begin investing in Southeast Asian startups this year, utilizing the IIT alumni network in the region. Q&ARecent exits instill confidence in Indian funds | Q&A with Vikram Gupta of IvyCap Ventures4 mins read
The pandemic has sapped the income of gig workers in Indonesia. Yet, there are opportunities in the digital economy for those who switch gears quickly. Insights‘I lost my bike and could barely afford my three meals’—how the virus hit Indonesia’s gig drivers | Tech in Culture9 mins read
Despite regulatory concerns and intense competition, Meituan is doubling down on its community group-buying business. NewsMeituan’s community group-buying expansion mires firm in losses2 mins read
The company is targeting a revenue of USD 1 billion in the financial year 2020-21. NewsEdtech unicorn Byju’s to raise USD 600 million from Facebook co-founder’s fund and others2 mins read
Online channels grabbed a 20% share of the market. NewsIndonesian smartphone sales grew in 2020 amid the pandemic, reports say2 mins read