Following the announcement, China Literature’s stock price went up 12.05% to USD 4.62. NewsCHINA BRIEF | Tencent’s VP to lead China Literature after management reshuffle1 min read
Following the acquisition, ShopBack is expected to serve over 500,000 customers in South Korea this year. NewsShopBack acquires Ebates Korea, marking its expansion to South Korea1 min read
Centauri Fund is leading the funding round; it’s the fund’s first investment. NewsIndonesian insurtech Qoala notches USD 13.5 million funding in Series A2 mins read
Medtech stocks soared as the market recognizes the importance of online medical consultation during the COVID-19 outbreak. Visual StoriesKEY STAT | Ping An Good Doctor shares almost doubled after new user influx amidst COVID-19 outbreak2 mins read
The online bank’s average outstanding loan size is USD 4,300. NewsCHINA BRIEF| Ant Financial’s MYbank serves 20.9 million small and micro business in 2019, up 70% yearly1 min read
After COVID-19, Rim predicts interest from investors will return to emerging markets such as . Q&AAccess Ventures’ Charles Rim on why Vietnamese startups still attract investors despite COVID-194 mins read
After the Philippines and Indonesia, Oriente is now eyeing the Vietnamese market. NewsOriente bags USD 50 million to strengthen Southeast Asian operations2 mins read
Older business owners and small restaurants struggle to survive drop in customers. InsightsCOVID-19: Why going online is not a one-size-fits-all solution for Singapore F&B businesses6 mins read
Paytm was valued at USD 16 billion last year when the US-based asset manager T Rowe Price—as a new investor—poured USD 150 million into the Noida-based company. NewsPaytm in talks with Microsoft for USD 100 million investment2 mins read
Despite being cleared of any legal wrongdoing, Jiang has been stripped of his position as a partner at the firm. NewsCHINA BRIEF | Alibaba punishes Tmall president for damaging corporate image after affair allegations1 min read