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VC firms remain bullish on Southeast Asia and Africa, betting on continued growth in online consumption, and emerging areas like medtech and services.

The company’s app, Cainiao Guoguo, has over 200 million users.

In its five year journey, Milkbasket has raised a total of USD 38 million from an array of investors.

Tencent and NetEase together account for 60% of the total gaming market revenue in China, according to a report by intelligence firm Analyses.

Arm-based chipset to be produced by TSMC, sources say.

This deal comes as Tuniu is being hard hit by the COVID-19 pandemic.

Last year, China contributed USD 246 billion to Apple’s App Store sales.

Horizon aims to bridge the gap between quantum computers and conventional software development.

The cash-craving EV startup rebounded strongly from the pandemic’s impact, setting a monthly record for electric vehicles sold in May.

Amid shaky global economic conditions, firms are utilizing share buybacks to minimize damage to their market capitalizations.