NewsHong Kong online platform WeLab to take control of Jakarta bankGroup to invest USD 240 million to buy and upgrade traditional Indonesian lender. 3 mins read
Major Chinese internet companies are downsizing as losses grow. NewsKuaishou reportedly lays off 30% of mid-level staff amid sweeping crackdowns2 mins read
Grab has a series of tightknit partnerships with local conglomerates, fintech firms, and other companies. NewsA detailed look at Grab’s ecosystem in Indonesia3 mins read
The theft has put the perceived safety of centralized exchanges under scrutiny. NewsCentralized crypto exchange BitMart to reimburse users after hackers nab USD 196 million in assets2 mins read
Chinese President Xi Jinping keeps tight controls on tech companies ahead of party congress. NewsDidi delisting reflects Chinese worry over losing big data to US3 mins read
One major telecom firm, Globe Telecom, has blocked over 1 billion text messages since January. NewsWhat’s behind the incessant SMS spam in the Philippines?3 mins read
The latest investment brings Via’s valuation to USD 3.3 billion. NewsIsraeli-founded transport startup Via raises USD 130 million2 mins read
The company was penalized 20 times, with the total reaching RMB 9 million (USD 1.41 million) for the year to date. NewsDouban repeatedly slapped with fines for failing to censor content2 mins read
India’s quick commerce sector is set to reach USD 300 million by the end of 2021 and hit USD 5 billion by 2025. NewsSwiggy to invest USD 700 million in express grocery delivery service as quick commerce competition intensifies3 mins read