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The company will lean on its expertise in video game development as it shapes its own metaverse.

Between 2016 and 2021, local fintech firms raised over USD 16.5 billion, of which 60% of the capital flowed in the last three years.

The conglomerate has been selling off its media assets as regulators curtail its influence on China’s general public.

The firm plans to transform labor-intensive logistics supply chains in Vietnam, Thailand, the Philippines, and Malaysia.

Remilk says its dairy manufacturing process uses significantly less land and water than the conventional dairy industry, with much lower greenhouse gas emissions.

BigBasket is reportedly working to roll out an express delivery service called BB Now to catch up with its existing and new rivals—all of which are now focusing on quick commerce.

As the gold-standard super app that operates in multiple verticals, WeChat counts Alipay, Douyin, Kuaishou, and more as rivals.

Under the investment deal, Dunzo will also power last-mile deliveries for retail stores operated by Reliance Retail.