NewsLuckin Coffee will pay USD 180 million penalty to settle SEC fraud claimsIn September, Luckin was fined USD 8.83 million in China. 2 mins read
The company has appointed Morgan Stanley and Citi as advisors for the IPO process. NewsTokopedia is accelerating IPO plans after SPAC merger rumor2 mins read
Innoviz is a leading provider of lidar sensing solutions for the mass commercialization of autonomous vehicles. NewsIsraeli lidar sensor firm Innoviz to go public at USD 1.4 billion valuation2 mins read
As of November, Funding Societies claims to have given out more than SGD 1.8 billion (USD 1.4 billion) across 3.3 million loans. NewsSingapore’s Funding Societies raises investment from Samsung’s VC arm2 mins read
An AI-powered ‘flatmate compatibility tool’ helps to ensure that tenants stay in the properties for longer. NewsCo-living startup Cove raises USD 4.6 million, aims to become category leader in Southeast Asia1 min read
Other Chinese developers also try to ease concerns over young players’ addiction. NewsTencent placates Beijing with ‘public interest’ games for China2 mins read
The company could raise about USD 1.9 billion in total. NewsiQiyi is selling bonds and shares to boost growth amid tightening liquidity2 mins read
The company plans to use the fresh funds to expand operations across European and South American markets, make acquisitions, and invest in R&D. NewsIndian SaaS startup Zenoti becomes country’s ninth unicorn in 20202 mins read
JD.com has been enlarging its offline presence to compete in the era of new retail, which merges online and offline shopping. NewsJD.com teams up with Better Life to expand new retail in Hunan2 mins read
NewsDeals in brief: Wavemaker Partners launches USD 30 million growth fund, Dossier clinches pre-seed funding, AC Ventures fuels Collektr’s APAC push, and more
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