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The billionaire told shareholders in Tokyo he is leaving just as Alibaba co-founder Jack Ma himself quits SoftBank’s board.

The latest deal is likely to be under USD 100 million and values the nine-year-old edtech firm at about USD 10.5 billion.

Kwai is the second Chinese app to exit the Indian market. Earlier this month, ByteDance-owned Vigo Video also exited India market.

Historically, Indians have been the largest recipient of H-1B visa globally, constituting over 70% of the holders.

36Kr Chuhai and KrASIA successfully organized Globiz, a webinar aimed at shedding light on doing business in Southeast Asia.

The Chinese smartphone maker’s new mouse can also be your digital assistant, voice recorder, and translator.

Li previously served as the group’s president and CEO of Lazada Indonesia.

The VC’s eighth fund will be used to back promising startups emerging from COVID-19.

This two year-old company is looking to repeat the success of Oppo, Vivo, and Xiaomi.

KrASIA is a media partner of Collision from Home.