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The financing could reach about USD 350 million, which is short of Tokopedia’s initial goal of USD 500 million to USD 1 billion.

Founded in 2015, Fourier sells physical rehabilitation equipment and robots to hospitals, rehabilitation centers, and research institutes.

Grab has been rolled out new services for consumers and small businesses that position it for a strong rebound from the COVID-19 crisis.

Amazon claims the proposed deal between Future Retail and Reliance violated the contract it had signed with the Future Group.

The events industry has been slow to adopt technology, but the pandemic has changed everything.

Capable operators fill gaps between functions and needs as industry flies high.

The transaction volume in Chinese cross-border e-commerce reached USD 1.2 trillion last year, up 13.09% YoY.

China’s National Social Security Fund is the biggest external institutional shareholder of Ant Group.

ByteDance said that it is considering to spin off some businesses for standalone listings, but that has yet to be finalized.

The company will use new funds to build e-sports facilities and roll out short video e-sports content, among other initiatives.