Indian podcast platform ropes in Xiaomi Ventures, Shunwei Capital and others to invest in the company. NewsShunwei Capital continues to back regional content platforms in India2 mins read
Tencent aspires to position itself as the first player in video social networking before the arrival of the 5G era. NewsTencent wants strangers to know each other while using “masks” in its new social video-calling app2 mins read
The lawsuit is related to hundreds of songs by the popular Chinese singer Jay Chou. NewsTencent Music wins copyright lawsuit against Alibaba-backed NetEase Cloud Music2 mins read
Vietnam has a USD 21 billion financing gap and is Validus’ second location outside of Singapore. NewsPeer-to-business lending platform Validus Capital expands into Vietnam2 mins read
The company saw a series of high profile exits as well as 40% of downsizing. NewsSequoia-backed Indian furniture retailer Urban Ladder sees a silver lining in USD 2 million fund infusion3 mins read
The company is focusing on the auto leasing sector now that China’s EV sales are declining by double digits. NewsBaidu-backed EV maker WM Motor raises its participation in the auto leasing sector with new acquisition2 mins read
Chinese regulators recently underlined their opposition to monopolistic practices and unfair competition. NewsAlibaba’s Tmall slapped with another lawsuit over abuse of market power on the eve of “Double 11”2 mins read
Policymakers believe that this solution will be fair to both traditional taxis and ride-hailing companies. NewsVietnamese regulators demand ride-hailing cars to indicate they are “taxis”2 mins read
The integration has been tested with a number of financial services companies including BNP Paribas, Citi, Deutsche Bank, and Goldman Sachs. NewsGoldman-backed chat app Symphony unlocks access to WeChat users through partnership with Tencent2 mins read
This partnership means that OVO is no longer the exclusive digital payment partner at Grab Indonesia. NewsAfter Gojek, LinkAja has now formed a partnership with Grab2 mins read