IUIGA plans to grow its Indonesian operations, doubling the office’s headcount in the coming six months. NewsSingaporean IUIGA bags USD 10 million in Indonesian-led Series A funding1 min read
Former Chinese tech darling struggles to recover from ill-fated expansion push. NewsStreaming service Leshi poised for delisting as red ink mounts2 mins read
China’s sovereign digital currency, the so-called Digital Currency Electronic Payment (DCEP), could be launched later this year. InsightsWhat is China’s cryptocurrency-like sovereign digital currency and why is it not like bitcoin?7 mins read
Motovis provides automakers with different levels of automation solutions. NewsCHINA BRIEF| Autonomous driving solution provider Motovis scores USD 14 million in Series A2 round1 min read
Flow said it is already planning to raise a Series B round in a combination of equity and debt. NewsSingaporean fintech firm AsiaCollect raises USD 6 million and rebrands into Flow2 mins read
Cainiao has partnered with 4PX Express, a cross-border e-commerce solutions provider headquartered in Shenzhen, Guangdong province. NewsCHINA BRIEF | Alibaba’s Cainiao launches international postage service as COVID-19 pandemic slows logistics1 min read
The Canadian cafe chain aims to tap on China’s online coffee market, following the rise of several coffee brands in recent years. Visual StoriesKEY STAT | Tencent to aid Tim Hortons’ expansion in China2 mins read
For ByteDance, Indonesia offers a tremendous opportunity with over 60 million Gen Z and 63.5 million millennials. InsightsByteDance’s music streaming app Resso is set to take on competitors in Indonesia: Interview with country manager Tricia Dizon4 mins read
Brimore connects small and medium-sized manufacturers in Egypt with its network of freelancers, who sell consumer goods within their local communities. NewsEgyptian social commerce platform Brimore raises USD 3.5 million pre-Series A to connect manufacturers with consumers2 mins read
The program Koin Gaji THR 2020 aims to help business owners that have been hit by the pandemic. NewsIndonesian HR startup Gadjian partners with KoinWorks to provide loans for Eid bonuses2 mins read