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Ant Group’s valuation is estimated to fall by more than half after the business overhaul.

The case represents “the first misuse of corporate power for personal purposes,” according to an internal note by Huawei.

The company has made a comeback by letting go of non-core businesses, focusing on unit economics, and acting on the foresight of targeting non-metro cities

While many fear a setback, some investors also see opportunity.

The Indonesian insurtech firm will increase its agent network in Vietnam and Thailand.

Guangzhou-based Vision Medicals focuses on gene technology innovation and infection precision medicine.

Spotify has been sharpening its focus on India over the past couple of years, given the growing appetite of millions of Indians for music streaming services.

Antler Singapore selected 70 founders from 3100 applicants for its fifth cohort.

Online sales of prepared meals are up 380% year-on-year.

The firm aims to support regional governments in the distribution of the vaccines.