NewsBeverage battle: Genki Forest under siegeGenki Forest has shaken up the Chinese beverage market, rattling major brands. 2 mins read
To fund the acquisitions, the online pharmacy unicorn has raised almost USD 900 million in funding in 2021 so far. NewsIPO-bound PharmEasy acquires hospital supply chain management startup Aknamed2 mins read
Taiwanese company turns focus elsewhere as Chinese startup hits financial snag. NewsApple supplier Foxconn’s EV project with China’s Byton halted4 mins read
At the same time, quick commerce is expected to grow to become a 5 billion dollar market in the next five years. NewsFood delivery giant Zomato scraps grocery play again as India’s quick commerce trend heats up2 mins read
Singapore ‘super app’ gains 62% in GMV as net loss widens to USD 815 million in Q2. NewsGrab lowers 2021 earnings projection as COVID hobbles ASEAN2 mins read
Recent proclamations of entries into the metaverse have propelled stock prices of video game companies to new heights. NewsChinese game developers jump on metaverse bandwagon, sending stock prices soaring3 mins read
The company is developing medium-duty trucks and robotaxis for broader enterprise and consumer usage. NewsAutonomous driving startup DeepRoute.ai bags USD 300 million from Alibaba Group, others2 mins read
Papaya’s total funding to date is USD 440 million. NewsPapaya Global raises USD 250 million as valuation rockets to USD 3.7 billion2 mins read
Online lending is being curbed while Beijing aims to build a stake-backed credit scoring system. NewsChinese regulators break up Alipay, split off loan business2 mins read
