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The company plans to raise over USD 1.4 billion for setting up headquarters in Hefei. NewsCHINA BRIEF | Nio announces private placement of USD 235 million convertible notes1 min read
Marketplace platforms have promised to take firm action against irresponsible sellers. NewsIndonesian e-commerce platforms battle price surges over coronavirus fears3 mins read
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Stung by rising costs and irate users, Indian decacorn puts the brakes on growth. InsightsOyo another WeWork? Not likely, as startup shifts goal5 mins read
The total coronavirus cases have shot up to 29, spooking the masses in India. NewsIndian tech companies adopt measures to prevent coronavirus amidst mounting cases3 mins read
Other participants of this round include Tencent, Hillhouse Capital, and Sequoia Capital. NewsSoftBank becomes largest backer of Beike in USD 2.4 billion Series D+ round2 mins read