Pinduoduo will subscribe to USD 200 million in convertible bonds to be issued by Gome as part of the partnership. NewsPinduoduo partners with Gome, former largest electronics retailer in China2 mins read
As the COVID-19 outbreak adds heavy pressure to the market, Chinese authorities have decided to extend the EV subsidies for two additional years. Visual StoriesBIZ IN GRAPHICS | China EV market hit hard by coronavirus after a tough 2019 [Update]2 mins read
The app is currently available on both iOS and Android app stores, along with a WeChat mini program. NewsCHINA BRIEF | Tencent releases standalone app for homework1 min read
Gojek reported the merger to ’s Business Competition Supervisory Commission (KPPU) on April 9. NewsGojek officially closes acquisition of Moka, launching first collaborative project2 mins read
The edtech platform trains children in critical thinking, with a focus on math and science. NewsCHINA BRIEF | Kuaishou invests USD 30 million in online education startup Huohua Siwei1 min read
Companies cut marketing and halt expansion to stay afloat. InsightsSoutheast Asian startups tighten belt as coronavirus hits revenue5 mins read
Meituan’s move follows a written complaint by the Guangdong Restaurant Association and other 32 trade associations. NewsCHINA BRIEF | Meituan looks to mend relationship with dining sector by removing “monopoly clauses” and offering commission rebates2 mins read
As celebrates its 55th year of independence, those that were alive to see the nation born should look forward to a long and active retirement OpinionAs Singapore sees more seniors, startups can step up4 mins read
A short video app owned by Singapore-based BIGO Technologies is now the seventh-most downloaded non-gaming app in the world. NewsSingapore-based Likee, led by a former factory worker, is gaining ground on TikTok5 mins read
The round was led by Legend Capital and puts Didi on course to compete with Alibaba, Meituan in the sector. NewsCHINA BRIEF | Didi’s biking sharing brand Qingju raises over USD 1 billion1 min read