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Expanding to numerous sectors these years, Meituan is feeling increasing pressure from Alibaba’s local life service push.

Taobao Deals aims to replicate the success of Pinduoduo by bridging factories with consumers.

The Chinese fitness industry has seen the hyper-growth of new business models that previously seemed impossible.

New funds will be used to build warehouses nationwide, expand delivery capabilities, and improve the company’s supply chain.

Beam will expand its virtual docking system and deploy its next-generation e-scooter Beam Saturn in its markets across Asia Pacific.

Silicon Integrated will use the fresh cash to mass-produce chips for 3D imaging and audio amplifiers.

The new feature turns kids’ food drawings into GrabFood orders.

Online retail basks in ‘stay-at-home’ shopping surge.

Peak would be the first Turkish unicorn and the acquisition the second largest in MENA, only behind Uber’s USD 3.1 billion purchase of Careem.

Ehang is the world’s first autonomous aerial vehicle company approved to conduct commercial trials of passenger drones for transporting heavy cargo, it says.