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Qubu is currently under investigation for illegal fundraising and financial fraud in China

This is SoftBank Vision Fund II’s maiden investment in India.

More than 80% of the movie tickets were purchased online, while online streaming platforms and bullet chats form the new movie-watching experience in China.

Huawei has shipped 230 million smartphone units so far this year, representing 12% growth from last year’s 206 million.

Lightspeed Venture Partners and Sequoia Capital held about 13% and 11% stake, respectively in Oyo.

The WeChat Pay team has won Tencent’s USD 28.5 million Founders Award.

The three e-wallet platforms will distribute a total of MYR 450 million to encourage cashless transactions

The company supplies maternal and baby products to shops in China’s small cities and rural areas.

eMonkey is one of the 32 e-wallets that have received licenses from the State Bank of Vietnam.

This year saw Asian companies that have been in the country before, announce and expand their presence in India.