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The news came after a handful of other US-based food tech firms have already sprung up to fill the rising demand for plant-based food in Asia such as Beyond Meat and Impossible Foods.

The company saw a huge demand during the pandemic.

Indonesia has a long history of blocking social media platforms without strong legal grounds.

The Chinese online education market is projected to reach a volume of RMB 423 billion, up 21.97% from last year’s level.

In the USD 4.4 trillion real estate transaction market, Zhuge is competing with companies such as US-listed Beike and 5i5j.

Xiaohuanggou (XHG) has set up intelligent waste-management recycling bins across China to incentivize citizens to sort and recycle in exchange for rewards.

Billion-dollar startups thrive in city where talent and experience mix.

Thailand’s digital payment sector is set to grow by USD 9.1 billion in 2020 and the total transaction value could jump 13.2% to USD 1.49 billion by 2024, according to Statista. 

The Ayala Corp-backed venture fund has a very long-term perspective and is expected to boost the Philippine startup ecosystem.

From the new fund, Elevation Capital is expected to focus on new areas such as enterprise SaaS.