Vanguard Group, that slashed Ola’s valuation is a minority investor with less than 1% in the firm. NewsIndian ride-hailing unicorn Ola sees its valuation drop by 50% to USD 3 billion: Report2 mins read
Grab last year also became an investor in the payment provider. NewsGojek’s LinkAja investment opens the door to the government sector, analyst says2 mins read
The startup rents out overhead equipment such as forklifts and excavators, and delivers them to the locations where they are needed. NewsMachinery rental platform Zhongneng raises USD 461 million amid infrastructure building boom2 mins read
The Shenzhen-based firm is running one of the most successful corporate VCs in the world. NewsKEY STAT | Tencent makes USD 120 billion from investments in stock rally1 min read
Aside from making investment easier for young Indonesians, the firm aims to increase the country’s financial literacy. InsightsAjaib wants to be an investment platform and teacher for Indonesian millennials | Startup Stories4 mins read
It was driven by increases in the average order size and number of active consumers. NewsOn-demand retail firm Dada says GMV on JD-Daojia doubled in 20202 mins read
Organised by the Tokyo Metropolitan Government, Unleash Tokyo Day 1 highlights the appeal of Tokyo, encouraging foreign companies to have confidence in the city’s growing ecosystem. EventsThe Appeal of Expanding into Tokyo — UNLEASH TOKYO DAY 15 mins read
Midea is one of Pinduoduo’s customer-to-manufacturer (C2M) partners. NewsPinduoduo and Midea to customize washing machines, plan to sell 1 million units1 min read
India had asked Twitter to remove over 250 accounts and posts alleged to have links with farmers protest. NewsTwitter is looking for a liaison officer in the wake of India’s new IT rules3 mins read
Livestreamers are offering the top-selling Hongguang Mini EV to its audience. NewsKuaishou now sells EVs via livestreaming3 mins read