The increase of losses can be ascribed to the two-month-long lockdown in the country that followed by restaurant closure. NewsIndian food delivery giant Zomato doubles revenue on quadrupled loss2 mins read
Byton reportedly extended its suspension of work and production until June 2021. NewsCash-stripped EV maker Byton ties up with Foxconn amid ongoing concerns2 mins read
While ShareChat would be Snap’s first investment in the Indian startup ecosystem, for Google, the deal would mean backing third short video app from India after Josh and Roposo. NewsSnap and Google look to invest in India’s social media firm ShareChat2 mins read
Tokyo gets ready to become the next hotspot for business. EventsUncut Gem: Tokyo gets ready to enter a new era for business4 mins read
New-energy-vehicle market expected to reach 1.8m units in 2021. NewsChina slashes eco-car subsidies 20% as sales rebound1 min read
Although widely criticized in the country, the “996 working culture” is still prevalent in the tech industry. NewsPinduoduo is being investigated after death of 22-year-old employee3 mins read
We summarise the Magnify China 2020 education panel in this recap. Read more for on-demand recordings and exclusive China’s Top 100 Unicorn Report. EventsFragmentation in the trillion-dollar Education industry may not be a bad thing | KrASIA Magnify China 2020 Recap3 mins read
It has truly been a year of ups and downs but we leave 2020 heartened to journey alongside these thriving companies. AnnouncementsKrASIA’s Friends | Asia’s Noteworthy Startups of 20202 mins read
As of October, China’s music streaming services reached 620 million MAUs, while paying users surpassed 70 million. NewsAlibaba’s music streaming service Xiami to shut down after 12 years2 mins read
Merger discussions between Gojek and Singapore-based rival Grab have stalled. NewsKEY STAT | Indonesia’s Gojek and Tokopedia could create national e-commerce champion1 min read