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Thailand is reining in decentralized finance, while forging ahead with its own central bank digital currency to maintain control over digital transactions.

Zhuanzhuan Group’s B2B subsidiary Caihuoxia increases the efficiency and transaction volume of secondhand recyclers and merchants.

Douyin pointed to Tencent’s active suppression of its content on Tencent’s messaging and social media platforms.

The new funding round may delay IPO plans for Flipkart, which was reported to be looking to go public in the US later this year.

E-commerce made up 20% of retail sales in Indonesia last year. Analysts say it could reach up to 40%.

The amount of raised capital and deals dropped slightly in 2020, but there are more than one reason to be optimistic for Southeast Asia’s startup ecosystem.

iMin expects sales for 2021 to surpass the USD 10 million mark.

License comes after months of pressure against Jack Ma’s fintech company.