Ola is in advanced talks with Microsoft to raise USD 200 million at a valuation of USD 10 billion. NewsUber to go on a long drive in India with USD 246 million fund infusion from its parent company2 mins read
Tencent wants to bring more financial services to its video users and expand its fintech presence in China. NewsChina’s first digital bank WeBank rolls out new consumption loan product on Tencent Video app2 mins read
Huya’s parent company and largest shareholder booked an 83.1% net income slump due to the firm’s overseas expansion effort. NewsTencent-backed Huya posts 117% net profit growth in Q3, amid rivalry with Bilibili, Kuaishou2 mins read
Private labels have lately become popular among internet companies as it promises higher returns. NewsAmazon’s hidden card to foster private labels in India3 mins read
The firm recently obtained the fund transfer license from the Central Bank of Indonesia. NewsSingapore’s digital payment platform Nium launches operations in Indonesia2 mins read
Online service Tuhu, valued at USD 1.1 billion, seeks USD 400m in new financing. NewsTencent muscles further into auto industry by backing repair unicorn2 mins read
This round comes as Xpeng plans to launch its P7 sedan in spring 2020. NewsAlibaba-backed Chinese EV maker Xpeng nabs USD 400 million with Xiaomi being an strategic investor2 mins read
The nod clears the way for Hangzhou-based Alibaba to start a weeklong roadshow from November 13 to garner interest from global investors. NewsAlibaba gets nod to sell shares in Hong Kong, in a secondary listing that catapults city back to the top of world’s IPO ranking4 mins read
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Do Chinese Millenials and Gen Zers remember the electronics and software from their childhoods? VideosWhat kind of tech did Chinese Millennials and Gen Zers grow up with?1 min read
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