The deal was first reported by a Chinese media outlet on February 18. NewsCHINA BRIEF | Nio denies rumors of USD 300 million investment from Geely1 min read
The employee who allegedly sabotaged the company’s data has been detained by the police. NewsSabotage against China’s largest WeChat SaaS provider impacts millions of merchants2 mins read
‘s super app moves into real estate to help restaurateurs lower costs. InsightsCloud kitchens: Grab scrambles to keep up with the delivery economy4 mins read
The company has bagged USD 116 million in investments in less than one year. NewsCHINA BRIEF | Online kids’ content provider Kaishu Jianggushi closes USD 66 million Series C+ round joined by Temasek1 min read
Rupeek plans to use fresh funds to upgrade technology and acquire customers. NewsGGV Capital co-leads a USD 60 million funding round in Indian fintech startup Rupeek2 mins read
has a growing rental culture. How is Storage Bloc future-proofing its business? InsightsThis Malaysian startup’s profitability is dependent on our hoarding tendencies, and it’s working5 mins read
While ByteDance’s Toutiao was the most downloaded news app during the same period. NewsCHINA BRIEF | TikTok the world’s most downloaded app in January with 104.7 million installs1 min read
Japanese car giant Toyota and Guangzhou-based Pony.ai announce deeper ties as global carmakers race toward a driverless future. NewsToyota invests USD 400 million in Pony.ai, bringing self-driving startup’s valuation to USD 3 billion2 mins read
Apple said it is reopening stores in China “as steadily and safely” as it can. NewsMost Apple Stores in China reopen as coronavirus outbreak slows1 min read
Authorities say they will use e-signatures to facilitate online property transactions. NewsCHINA BRIEF | Hangzhou allows buyers and developers to close real estate deals online1 min read