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Operating expenses rose as Youdao was caught in intense competition in China’s online education sector.

Currently, the firm runs a fleet of more than 70,000 drivers and 200,000 merchants, serving 2 million customers across five major cities in Vietnam.

The company, which was founded only recently, is already a unicorn.

Some startups in Indonesia are referencing a roster of offenders to screen prospective employees.

Harya Bimo founded Medigo to digitize healthcare data and make clinical consultations more accessible.

Li Auto’s footprint in China’s EV market continues to expand amidst fierce competition with domestic rivals Nio and Xpeng Motors.

Up to 40% of the fund will be allocated to startups in SEA and China.

TSMC and UMC activate water-supply plans as reservoirs face depletion in 60 days.

From a bird’s eye view, Zomato and Swiggy are quite similar, but they couldn’t be more different on closer inspection.

Taiwan is attracting regional AI startups to establish new engineering and R&D teams, while local startups eye expansions in Southeast Asia.