NewsKEY STAT | Tencent-backed online insurer Waterdrop eyes US listingWaterdrop had around 330 million paid users at the end of June. 1 min read
Wolfpack Research’s short position on the Guangzhou-based passenger drone firm is the latest fraud accusation against a US-listed Chinese company. NewsChinese flying taxi firm EHang struggles to repel short attack from Wolfpack Research3 mins read
China’s largest handset maker suffers from US sanctions Biden appears to back. NewsHuawei to more than halve smartphone output in 20212 mins read
Shopee is preparing the infrastructure to transform Bank BKE into a digital bank. NewsIndonesia’s regulator confirms acquisition of Bank BKE by Sea Group, report says1 min read
ShopeeFood is recruiting driver-partners and has already on-boarded more than 500 merchants. NewsShopee is set to enter the Indonesian food delivery battle, but can it win?4 mins read
This funding round will give an exit to some of its early investors with returns ranging between six-seven times. NewsIndian logistics aggregator Shiprocket raises USD 27 million to expand overseas2 mins read
India’s online grocery market is laden with multiple big players such as Amazon, Flipkart, BigBasket, JioMart, Grofers, Dunzo, and Swiggy. NewsReliance to buy e-grocer MilkBasket to deepen its footing in India’s online grocery market2 mins read
The takeover of YY Live has been “substantially completed.” NewsBaidu reports solid profits, expects first EV within 3 years2 mins read
Sugarbook saw an uptick in user traffic during the pandemic. NewsMalaysia bans sugar dating site for immoral activities, arrests founder2 mins read