The firm plans to list under the symbol “DADA” on the Nasdaq Stock Exchange. NewsCHINA BRIEF | Online grocery delivery firm Dada Nexus to raise up to USD 280.5 million in US IPO1 min read
Nice Tuan experienced huge growth during the pandemic outbreak in China as people relied on grocery delivery. Visual StoriesKEY STAT | Social and grocery e-commerce startup Nice Tuan closes round C+ fundraising2 mins read
XA Network has made a limited partner commitment in Vertex’s Southeast Asia and India fund. NewsVertex Ventures and XA Network enter strategic partnership2 mins read
Surge is currently running its third cohort involving 15 startups from Southeast Asia and India. Q&AStartups that survive COVID-19 will come out stronger than ever: Q&A with Surge’s Rajan Anandan6 mins read
Alibaba’s office tool has been called a weapon of micromanagement, but China’s work culture plays into its unpopularity. NewsDingTalk is China’s answer to Slack—and the stuff of office nightmares7 mins read
The startup, valued at USD 400 million last year, submitted the documents to the SEC in secret, according to sources. NewsExclusive | Chinese Tesla challenger Xpeng to file for US IPO seeking USD 500 million [Update]2 mins read
Over the past few weeks, TikTok has come under fire in India due to objectionable content. NewsByteDance plans to set up a separate entity in India3 mins read
New funds will be used to mass produce products and expand their applications. NewsCHINA BRIEF | Industrial drone maker iKingtec secures USD 25.3 million in Series B round1 min read
The shift to home care settings for oncology is a crucial evolution in cancer care. InsightsHow a portable Israeli blood test device could spur at-home chemo treatments5 mins read
Facebook, China Mobile, MTN GlobalConnect, Orange, and Vodafone, announced the go-ahead to build a new subsea cable to serve Africa and the Middle East. InsightsUber discontinues services, a myriad of new launches in media, and some hope from VCs | The Middle East Monthly Roundup6 mins read
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