This comes at a time when Uber is fighting to operate its taxi services in the UK’s capital. NewsSoftBank and Tencent-backed Ola begins its ride in London3 mins read
The Chinese EV manufacturer is also expecting a reduction in February sales. NewsNio reports 11.5 % delivery slump as coronavirus disrupts production2 mins read
Online platforms forced banks to improve offerings but model wasn’t sustainable. OpinionCollapse of China’s disgraced P2P sector offers important lessons4 mins read
Business units of Alibaba and JD.com, as well as e-commerce start-up Meicai, have initiated temporary staff recruitment programmes. NewsE-commerce companies offer temporary jobs to thousands amid coronavirus outbreak3 mins read
WorkIndia claims to have 15 million job seekers across more than 750 Indian cities on its AI-enabled platform. NewsChinese smartphone giant Xiaomi invests in Indian recruitment tech startup WorkIndia3 mins read
The new development is a relief for many fintech firms reliant on foreign capital. NewsVietnam drops proposed 49% foreign ownership cap in e-payment firms2 mins read
Circles.Life will use the new funds for expansion into new markets. NewsWarburg Pincus backing pushes Singapore’s Circles.Life to near-unicorn status2 mins read
Passengers must scan a QR code placed on buses, subways, and taxis, and provide contact info. NewsShenyang becomes launchpad to track public transit users as companies across China resume operations2 mins read
A merger could pose a significant threat to regional counterparts Lazada and Shopee. NewsVietnam’s largest e-commerce platforms Tiki and Sendo in merger talks: report2 mins read
Tujia, another Airbnb rival in China, said suspension guidance from the authorities had affected most of its listings in the city. NewsOnline home-sharing platforms in China like Airbnb feel the chill as coronavirus outbreak hits bookings3 mins read