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Xiaomi founder Lei Jun would lead the new EV team. He has backed both Nio and Xpeng through his venture capital firm Shunwei Capital.

In China’s first-tier cities, market penetration of ride-hailing services exceeded 70% as of Q1 of 2019.

New investment flows into China’s bike-sharing sector as the industry matures.

Podcasts have become a new source of entertainment for Indonesians. But could they become a sustainable source of income for their producers?

After teaming up with JD.com and Pinduoduo, Gome plans to take on market leader Suning.

Muhyiddin aims to leave spectrum controversy behind and boost digital economy.

This is a snippet of China Venture Roundup Volume 23, covering China’s investment activity from February 8 – 14 2021.

The report said that 54% of founders had a positive fundraising experience, while 24% claimed otherwise.

Earlier this month, Singapore launched a sustainable development agenda called Green Plan 2030.

With operations in Hong Kong, Singapore, Malaysia, and Taiwan, it has supported over 10,000 businesses.