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Regulators reportedly reached out to the leasing firms Ziroom and 5i5j, as well as China Construction Bank to explore if they can take over Danke’s business.

Online channels contributed 32% to the company’s 2019 revenue.

Tata Group would take over the entire 29% stake of BigBasket’s largest backer Alibaba.

In October, San Francisco-based Eat Just announced plans to build its first Asia factory in Singapore.

Huawei and Honor are absent from the list of early adopters of the chip.

Nasdaq-listed Nio also reported record-high deliveries in the same month.

As cross-border travel is still restricted, the China market has rebounded strongly.

“With the country’s strong foundation in aerospace and maritime engineering, Singapore could become a dominant force in space technology.”

ByteDance’s TikTok has dislodged Instagram as the go-to platform for Indonesian influencers, but Kuaishou’s Snack Video is giving TikTok a run for its money.

KrASIA is a media partner of Web Summit.