By pioneering payments in virtual money, Beijing aims to internationalize the yuan. NewsThailand and UAE join China’s global digital currency push2 mins read
Part of the fresh capital will be used to launch the plant-based chicken brand Tindle in Singapore. NewsTemasek-backed startup Next Gen raises USD 10 million for plant-based chicken2 mins read
The startup claims to have 160 million active users on its main social networking app and 80 million on its short-video app, Moj. NewsIndia’s social media company ShareChat eyes a USD 200 million round from Tencent2 mins read
“We are in the right place at the right time to increase our leadership in China’s large video-based market,” says CEO. NewsBilibili reports revenue increase of 91% in Q4, but widens loss2 mins read
This is a snippet of China Venture Roundup Volume 24, covering China’s investment activity from February 15 – 21 2021. China Venture RoundupSimpcare snags six rounds of financing in 18 months | China Venture Roundup Volume 242 mins read
IPOs of Indonesian startups would produce a positive impact for the local ecosystem, says Widjaja. News‘More startups will offer financial services:’ Q&A with BRI Ventures’ CEO Nicko Widjaja2 mins read
The fintech accelerator is one of many initiatives of the Tokyo Metropolitan Government to attract foreign companies. EventsAsia meets Tokyo: Opportunities abound4 mins read
Douyin stagnated at the pre-holiday level of about 600 million DAUs. NewsKEY STAT | Kuaishou boosts user numbers in successful CNY campaign1 min read
Bizzy Digital will handle partner acquisition relying on its established network. NewsIndonesian micro-retail app Warung Pintar acquires Bizzy Digital1 min read
ByteDance has increasingly threatened e-commerce platforms such as Alibaba, JD.com, and Pinduoduo as shoppers crave interactive video content and livestreaming. NewsAlibaba denies that Lazada CEO in Thailand will join ByteDance’s e-commerce unit2 mins read