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According to the report, Ribbit Capital, Accel, and Sequoia Capital were the top five active funds who backed Indian fintech companies.

Dada Nexus’ IPO marks the second China-based company aiming to go public in the US after the Luckin Coffee scandal involving fraudulent financials.

China, beset by the outbreak, was where disruptions began, but as the pandemic spread globally, so did plant closings and lockdowns.

Lamudi was founded in 2013 with the backing of Rocket Internet.

In Singapore’s event industry, approximately SGD 30.2 million has been lost, with more than 2,000 people affected and over 8,700 jobs lost.

This week, smartphone brands including Realme, Poco, Vivo, and Honor launched their new devices in India.

KrASIA has gathered a list of tech and startup competitions in Singapore and Southeast Asia, which are offering opportunities for aspiring entrepreneurs.

COO Liu Jian was also fired along with Jenny Qian Zhiya as investors retreat and the board attempts a management reshuffle.

Xiaomi-backed wearables maker Huami published a study on detecting the spread of infectious disease using data from 1.3 million users.

IUIGA plans to grow its Indonesian operations, doubling the office’s headcount in the coming six months.