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An AI-powered ‘flatmate compatibility tool’ helps to ensure that tenants stay in the properties for longer. 

Other Chinese developers also try to ease concerns over young players’ addiction.

The company could raise about USD 1.9 billion in total.

The company plans to use the fresh funds to expand operations across European and South American markets, make acquisitions, and invest in R&D.

JD.com has been enlarging its offline presence to compete in the era of new retail, which merges online and offline shopping.

Flipkart Wholesale, the B2B arm of the Flipkart Group reported a 22.3% dip in losses in FY 20.

MSCI is removing SMIC from its Global Investable Market Indexes.

To date, Helicap has facilitated around USD 40 million in alternative lending to more than 150,000 SMEs and individuals.

The San Francisco-based food tech startup also revealed plans to build its first Asia production facility for Just Egg, a plant-based product, in Singapore.

The USD 129 billion raised in 2020 mark a historical high for Chinese companies.