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This is the second JD.com spinoff to list after JD Health raised USD 3.5 billion in December.

China Venture Roundup Volume 30 covers China’s investment activity from April 26 – May 2, 2021.

GrabCar Exec offers a fleet of luxurious, premium vehicles and GrabPet XL caters to consumers with numerous pets.

Una Brands said it will use the funds to acquire companies that generate between USD 300,000 and USD 20 million in annual revenue.

iQiyi has 101.7 million subscribing members and 100.7 million individuals with trial memberships.

Startups such as Urban Company, Paytm, and Byju’s have set up relief funds to help employees impacted by COVID-19.

Nagesh Devata of Payoneer spoke with Oasis about the excitement and challenges of developing Southeast Asia’s digital payment architecture.

Indonesia’s beauty and personal care market is expected to grow to USD 7.46 billion in 2021.

While Vietnam’s e-wallet providers are burning money, the Philippines have shown that telcos can be successful contenders in the space.

Every successful proptech firm in the west has its local counterpart in the most populous country in the world.