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The company, which will officially launch services in April, has already started recruiting food delivery couriers.

Despite the economic pain, businesses embraced a range of measures to overcome the epidemic crisis.

The company plans to raise over RMB 10 billion (USD 1.4 billion) for this project.

The funds are for developing accessible and financial services in order to boost financial inclusion in the region.

Samsung Venture kicked off investments in India in July 2019 and plans to invest in 100 startups over the next five years,

This comes a week after Blume announced the final close of its third fund at USD 102 million.

The USD 2,700 Mate Xs lacks Google support as US-China tensions linger.

The company’s IPO progress was partly disrupted by the coronavirus outbreak in China.

Huawei’s AppGallery has more than 390 million active users worldwide, compared with two billion for Google Play.

China’s smartphone makers are betting on large-scale adoption of 5G for a rebound.