The paradox of big guys getting big cheques hands-down while financing in general is getting harder to come by in China. Visual StoriesTECH PANO | Ten prime years of primary market investment in China3 mins read
The King Pro League e-sports tournament attracted 570 million viewers this year. NewsCHINA BRIEF | Weibo and Kuaishou buy e-sports teams, ramp up content1 min read
MDI Ventures became the largest multi-fund CVC firm in the country after closing a recent USD 500 million fund. Q&AMDI Ventures to invest up to USD 30 million in startups to boost digitization of Indonesia’s state-owned enterprises, CEO says6 mins read
The embattled short video app is suing the Trump government over the recent US sanction. NewsKEY STAT | TikTok discloses US and global user numbers for the first time1 min read
The social commerce player aims to become China’s No. 1 online agriculture platform by investing in related technologies and operations. NewsPDD doubles down on investment in online agriculture, ramping up rivalry with JD, Alibaba3 mins read
The Vietnamese startup is accusing TikTok of using audio tracks owned by the VNG subsidiary Zing without the company’s consent. NewsVietnam’s VNG hits TikTok with copyright infringement claims1 min read
A survey of 1,000 merchants by RedSeer found that retailers believe their share of digital payments is going to increase significantly in the next 12 months. NewsMobile payment users to reach 800 million in India by 20253 mins read
The SoftBank-backed fintech platform last week raised USD 356.4 million from a follow-on share sale to fund its overseas expansion. NewsPing An’s OneConnect fintech arm expects flurry of deals in Southeast Asia2 mins read
China’s booming shared power bank industry had 150 million users in 2019, according to market research firm Trustdata. NewsChina’s power bank sharing industry took a hit from COVID-19, but it’s not out of juice yet4 mins read
The company is starting with Karachi, but has plans to expand across Pakistan, including Lahore. NewsDubai’s Trukkin launches trucking marketplace in Pakistan2 mins read