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TikTok Shop was launched in Indonesia in mid-April, at the beginning of Ramadan, with heavy celebrity endorsement.

The company has disbursed over SGD 850 million in loans for SMEs across Southeast Asia so far.

The year-old company competes with startups like Teacherr, ODA Class, eduZilla, SkoolApp, and Classplus among others.

Trung Hoang Nguyen, CEO of Loship, wants his firm to become the first Vietnamese startup to go public on the NYSE.

Investor CICC Capital expects Supermonkey to take a dominant role in China’s fragmented fitness sector.

The recovery of India’s mobility sector is likely to go on a downward trajectory in the coming months as many states go into lockdown.

Local apps see digital payments overtake cash for the first time as orders surge.

With most countries still banning large gatherings, Muslims are heading online to search for new clothes ahead of Eid al-Fitr.

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.