The VC/PE firm that backed Tencent and JD.com is reloading USD 13 billion for future investments. Visual StoriesKEY STAT | Hillhouse Capital building one of Asia’s biggest PE pool with USD 13 billion raise2 mins read
US EV maker ends first quarter with surprise profit and record delivery in China. NewsTesla cuts Model 3 price again to qualify for Chinese subsidies3 mins read
Chinese dating apps serve a diverse market of 622 million users across a whole spectrum of categories. InsightsThe nine most popular Chinese dating apps in 2020 aren’t what you would expect [Update]9 mins read
No decision yet on Gojek’s planned Malaysia expansion. Q&AThis is how Gojek is helping SMEs survive the COVID-19 crisis: Q&A with chief food officer Catherine Sutjahyo6 mins read
Darryn Tan and Javad Namazie started Two Of A Kind, which is believed to be the first homegrown brand of contact lenses in the market. InsightsHow Singapore’s first contact lens subscription startup is growing into a million-dollar biz6 mins read
The app is specifically designed for native Arabic speakers. NewsPalestine’s Tawazon raises six-figure seed for its Calm-like meditation app2 mins read
User can order laundry services for clothes, shoes, and luxury bags on channels including 24Tidy’s own app, its WeChat account and Meituan. NewsCHINA BRIEF| On-demand laundry service provider 24Tidy acquires rival Tiantianxiyi at USD 135 million1 min read
In 2018, ByteDance invested USD 100 million in India, while last year it said it would invest USD 1 billion in the country over the next three years. NewsByteDance’s short video duo TikTok and Douyin cross two billion downloads with India accounting for one third of installs3 mins read
Chinese vendors sold a total of 73.2 million smartphones, down by 22% YoY due to the COVID-19 pandemic. NewsCHINA BRIEF| Huawei sells 28.7 million smartphones in Q1 in China, up 6% amid industry downturn1 min read
A probe over its accounting fraud is being conducted by SEC and its Chinese counterpart, the CSRC. NewsLuckin blames internal investigation and COVID-19 as reasons for missing annual report deadline2 mins read
Most Recent