NewsChinese unicorn UBTECH Robotics raises $820 million from Tencent-led consortiumThe company is valued at $5 billion. 1 min read
The partnership is part of Didi Chuxing’s alliance with 31 companies in the auto industry. NewsDidi Chuxing in talks with Volkswagen to jointly develop autonomous car models for ride-hailing1 min read
The upcoming Xiaomi floating on HKEX could be the world’s largest IPO this year and since 2014. NewsChina’s Xiaomi files for what could be the world’s largest IPO since 20143 mins read
Plus, Razer partners up with Telco Singtel. Big names in the auto industry mull to explore blockchain technologies. NewsKrASIA Daily: Xiaomi reportedly filed for HK IPO on Wednesday, eyeing to raise $10 billion4 mins read
Both want to rule the Indian e-commerce market, who will win? NewsAmazon tries to woo Flipkart away from Walmart deal1 min read
A future where one making payment is tied in with their face may be imminent, but the business of monetizing personal data won’t be easy. NewsDeals | Alibaba invests in SenseTime to speed up AI adoption in real world cases3 mins read
The slogan of gym-share provider ParkBox is “a fitness social circle of a 5-minute radius around community center”. NewsDeals | Chinese mini gym operator ParkBox raises Series A+ financing round led by Huazhu Hotels Group2 mins read
Plus, SoftBank will overachieve on $10 billion investment target in India. Allianz looks to build a pan-Asia logistics portfolio. NewsKrASIA Daily: Volkswagen to manage Didi fleet and to develop new car models for ride-hailing4 mins read
Bytedance is facing challenges from Chinese cyberspace administration and rival Tencent. NewsAlibaba’s flopped attempt at investing in Toutiao2 mins read
NewsFinVolution, NUS Business School share findings on financial inclusion for Filipino domestic helpers
