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Existing investor Tencent will secure 2.8% of Nio’s ADS for about USD 10 million. NewsNio to raise over USD 344 million by offering 60 million ADSs amid tight liquidity2 mins read
KrASIA explores and debunks the various myths of venture capital. VideosVideo | KrASIA Debunks: What is the best way to impress VCs in China?1 min read
The funding for the FX platform was led by Ant Financial backed-BAce Capital, SMDV, and Skystar Capital. NewsSingapore fintech firm Wallex raises Series A funding1 min read
Ride-hailing companies upgrade their apps with new health protocol features, including selfie-tech. NewsIndonesia allows Gojek and Grab to carry passengers again2 mins read
After two years of delay, the medtech unicorn plans on an IPO in Hong Kong for the third quarter of 2020. Visual StoriesKEY STAT | Tencent-backed healthtech WeDoctor plans USD 900 million Hong Kong IPO1 min read
This is the third in a three-part series that looks at how the chain is taking on Starbucks in Indonesia. InsightsGaining grounds: Kopi Kenangan is heading to new frontiers4 mins read
2020 has been a tumultuous year for Luckin Coffee, which is holding on to a thread as an accounting scandal now threatens the firm with delisting. VideosVideo | The rise and fall of Luckin Coffee, once China’s most promising coffee startup2 mins read
The funding is directed at cultivating the financial services sector in the MENASA region. NewsDubai International Financial Center’s Fintech Fund invests in four startups: FlexxPay, Rise, Now Money, and Sarwa2 mins read
Satellite internet is a central focus of policymakers in China. NewsHuawei joins China push to catch up with Elon Musk’s Starlink satellites1 min read