The company’s valuation has risen at least 20% from two years ago. NewsCHINA BRIEF | Tiger Global becomes stakeholder in Bytedance, joining SoftBank and Sequoia1 min read
This follows MatchMove’s recent announcement to bid for a digital full bank license in . NewsMatchMove acquires strategic stake in e-commerce platform Shopmatic1 min read
Lalamove became a unicorn firm in 2019 after its USD 300 million Series D round. NewsCHINA BRIEF | On-demand trucking service provider Lalamove invests in Southeast Asia-based logistics firm Inteluck1 min read
The medtech startup reports near three-fold user growth since start of the COVID-19 crisis. NewsSingapore’s Doctor Anywhere raises USD 27 million, eyeing expansion to Malaysia and the Philippines3 mins read
Businesses will have to enhance their AI capabilities in the near future, according to Fanglin Wang, head of computer vision at Advance.AI. Q&AEthical usage of facial recognition is critical during and beyond the COVID-19 crisis, computer vision expert says6 mins read
This move comes after the firm’s net income in the fourth quarter of last year decreased by 42.9% year-on-year. NewsWeibo opens e-commerce management tool to over 500 million users2 mins read
Is the neglected-but-not-forgotten app ready for its second wind? NewsTencent updates Tim workplace app amid strong growth from WeChat Work and collaboration software sector2 mins read
GrabMart and GrabAssistant services will be extended to more cities across the region to provide alternative sources of income for drivers. NewsGrab senior leaders to take up to 20% salary cut amid new COVID-19 measures2 mins read
The platform still has a long way to go before making a profit. Visual StoriesBIZ IN GRAPHICS | iQiyi is a lot like, but essentially different from Netflix2 mins read
The new battery will be first equipped on BYD’s flagship sedan model, the Han EV, slated for launch in June. NewsBYD launches new blade battery to tackle EV safety issues2 mins read