The company was the top-selling cosmetics brand on Tmall in 2019. NewsCHINA BRIEF | Cosmetics unicorn Perfect Diary raises USD 100 million1 min read
JD.com’s NFC payment tool JD Shanfu took the largest share in this niche market. NewsChina’s mobile payments hit USD 8.4 trillion, NFC payments see 50% increase2 mins read
Chinese version of TikTok now offers dozens of free films, including The Last Emperor, Farewell My Concubine and The Great Wall. NewsDouyin is turning into a movie streaming platform2 mins read
The number of transactions also came down to 126 in the March quarter from 196 deals in Q1 last year. NewsVC funding in Indian startups fell by 22% in Q1 20203 mins read
The startup will estblish three new hubs to deepen its nationwide coverage. NewsIndonesian agritech firm TaniHub bags USD 17 million in Openspace Ventures led Series A+ round2 mins read
Chehaoduo has landed a USD 1.5 billion investment from SoftBank’s Vision Fund in March 2019. NewsCHINA BRIEF | SoftBank-backed used car trader Chehaoduo looks for fresh capital injections1 min read
The company is working on an education service and enterprise search engine based on natural language processing. NewsJapanese AI startup Cogent Labs nets USD 13 million to expand in Asia2 mins read
The funding comes at a time when discretionary spendings are expected to plunge resulting from the new coronavirus pandemic. NewsIndian beauty and personal care startup Nykaa raises USD 13 million from Steadview Capital2 mins read
Taobao’s livestream section welcomes new hosts in February, over 719% more compared to a month ago. Visual StoriesKEY STAT | Coronavirus pandemic boosts livestreaming e-commerce in China2 mins read
Apple suppliers resume China production but uncertain demand clouds outlook. NewsiPhone maker Foxconn’s net profit dips for 3rd straight year3 mins read