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Founders’ outsized control of shareholder say-so serves as a way to protect their vision, but at what cost to investor confidence?

The company is emboldened by its advantages built up in China’s mature e-commerce and logistics landscape, along with burgeoning demand for Chinese products.

Lu Zhengyao has reformed his strategic preference for capital-intensive subsidies in favor of a patient and measured approach.

Imagine the horror of having to pay off loans that you never took out.

Started in 2012, over 65 million consumers and businesses use OpenSooq’s web and mobile apps across the region.

There will be eight sessions at this year’s conference, with topics ranging from supply chain security to cyber insurance.

The latest round, which reportedly values GoMechanic at USD 315–320 million, takes the total funding raised by the five-year-old startup to date to USD 55 million.

Company uses cloud-based AI technology to generate quick clips.

South African lender TymeBank said it is also eyeing a digital banking license in the country.

The biggest names in tech are pouring money into charitable efforts, but a persistent wealth gap and lack of worker protections negate their philanthropy.