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The fund will invest in around 10-15 companies and write checks worth USD 943,300 to USD 1.3 million.

The paradox of big guys getting big cheques hands-down while financing in general is getting harder to come by in China.

The King Pro League e-sports tournament attracted 570 million viewers this year.

MDI Ventures became the largest multi-fund CVC firm in the country after closing a recent USD 500 million fund.

The embattled short video app is suing the Trump government over the recent US sanction.

The social commerce player aims to become China’s No. 1 online agriculture platform by investing in related technologies and operations.

The Vietnamese startup is accusing TikTok of using audio tracks owned by the VNG subsidiary Zing without the company’s consent.

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.

The SoftBank-backed fintech platform last week raised USD 356.4 million from a follow-on share sale to fund its overseas expansion.

China’s booming shared power bank industry had 150 million users in 2019, according to market research firm Trustdata.