The firm’s stock price rose 9% on the Hong Kong stock exchange following the announcement. NewsCHINA BRIEF | Alibaba Pictures to delist from Singapore Exchange1 min read
In the world’s biggest gaming market, can a localized version of the popular Steam platform succeed? VideosVideo | Can Steam China catch on with local gamers and developers?1 min read
Jio Platforms raised USD 1.5 billion from Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, for a 2.32% stake. NewsReliance becomes net debt free after raising over USD 15 billion from global investors3 mins read
China and India markets stalled by government policy U-turns. InsightsAsia’s electric car sales drift into the slow lane7 mins read
Data may provide clues about current consumer confidence in China. NewsChinese shoppers break sales records during 618 online festival4 mins read
Following the speedy spread of the coronavirus, tech companies in the country are modifying their services to fit their users’ new routines. Visual StoriesCOVID-19 in Indonesia: How tech companies are adapting in a time of crisis15 mins read
The global market for video games is forecast to reach USD 159.3 billion this year, with mobile games making up about half of that. NewsByteDance brushes off early failures with new partnerships to battle Tencent in core games market4 mins read
Jendela360 connects tenants, landlords, and agents on a platform that offers more than 9,000 apartment units in Indonesia. NewsIndonesian proptech Jendela360 bags USD 1 million funding from Beenext, others2 mins read
TikTok’s owner set an annual revenue goal of RMB 200 billion, while more than 80% of its 2019 revenue was from online advertising. Visual StoriesKEY STAT | ByteDance first quarter revenues up 130% with annual target half of Tencent’s 2019 earnings [Update]2 mins read
Training a traditional industry to adapt to smart logistics takes time, but most are open to it, says Waresix CEO Andree Susanto. InsightsMore than just arranging transports, Waresix wants to fix the Indonesian supply chain: Startup Stories5 mins read