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Deals | Toyota invests $1b in Grab right after Go-Jek was offered $1b for expansion and competition

Grab partners with Toyota to venture into new mobility solutions.

2 mins read

Luckin Coffee gets a funding boost for an uphill battle.
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EXCLUSIVE: Luckin Coffee raises up to USD 300M Series A amidst China’s coffee culture boom, joining unicorn echelon
2 mins read
Tik Tok, the overseas version of Douyin, was the world’s most downloaded non-game app in iOS App Store in Q1 2018.
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Douyin DAU tops 150 million, Toutiao’s short-video streaming app reveals user number for the first time
3 mins read
All you need to know about what happened in the tech world today.
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Today’s Tech Headlines: Naspers in talks to invest in Carousell; Baidu reportedly to issue CDRs
3 mins read
About a month ago, Carousell announced a USD85- million Series C round led by Rakuten Ventures and EDBI.
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Deals | Naspers, investor behind the savviest bet in Tencent, is rumored to invest in Carousell
2 mins read
Alibaba & JD.com battle for ‘smart retail’.
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Chinese e-commerce giants battle to perfect ‘smart retail’ as e-commerce market saturates
2 mins read
Chinese regulators introduced CDR trial rules last week.
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Baidu reportedly to be the first overseas-listed Chinese company to relist in China, ahead of Alibaba and JD
3 mins read
All you need to know about what happened in the tech world today.
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Today’s Tech Headlines: Ant Financial invests in Xingbianli; Baidu preparing for CDR issuance application
3 mins read
Byton, formerly known as Future Mobility, was founded in Nanjing in 2016 and is led by former BMW executives. It claims its concept SUV costs 40% cheaper than a Tesla Model X.
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Deals | Telsa’s Chinese rival Byton raises $500m from China’s oldest automaker FAW and largest EV battery maker CATL
2 mins read

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