Data may provide clues about current consumer confidence in China. NewsChinese shoppers break sales records during 618 online festival4 mins read
Following the speedy spread of the coronavirus, tech companies in the country are modifying their services to fit their users’ new routines. Visual StoriesCOVID-19 in Indonesia: How tech companies are adapting in a time of crisis15 mins read
The global market for video games is forecast to reach USD 159.3 billion this year, with mobile games making up about half of that. NewsByteDance brushes off early failures with new partnerships to battle Tencent in core games market4 mins read
Jendela360 connects tenants, landlords, and agents on a platform that offers more than 9,000 apartment units in Indonesia. NewsIndonesian proptech Jendela360 bags USD 1 million funding from Beenext, others2 mins read
TikTok’s owner set an annual revenue goal of RMB 200 billion, while more than 80% of its 2019 revenue was from online advertising. Visual StoriesKEY STAT | ByteDance first quarter revenues up 130% with annual target half of Tencent’s 2019 earnings [Update]2 mins read
Training a traditional industry to adapt to smart logistics takes time, but most are open to it, says Waresix CEO Andree Susanto. InsightsMore than just arranging transports, Waresix wants to fix the Indonesian supply chain: Startup Stories5 mins read
One of the reasons for Israel’s strength in fintech is its rich offering of AI capabilities. NewsIsraeli fintech soars to USD 1.8 billion in investments in 2019, report says4 mins read
Shorooq Partners counts companies like Pure Harvest, Trukker, Souqalmal, Sarwa, and Munchon in its portfolio. NewsAbu Dhabi Investment Office invests USD 5 million in Shorooq Partners’ Bedaya Fund2 mins read
The company plans to install at least 4,000 more chargers in China by the end of 2020. NewsCHINA BRIEF | Tesla installs nine more Supercharger stations in Beijing1 min read
JD’s secondary listing came shortly after gaming company NetEase, whose shares surged 5.7% on its trading debut in Hong Kong on June 11. NewsCHINA BRIEF | JD.com advances 3.5% in Hong Kong debut1 min read