NewsEvergrande to pocket USD 2 billion from sale of stake in online platformChinese developer due to update investors on debt repayment progress this week. 2 mins read
For Q4 2020, the firm reported a 91% year-on-year increase in revenues, while the net loss widened to USD 129.3 million. NewsKEY STAT | Bilibili drops in Hong Kong debut in another tepid homecoming listing1 min read
Indonesian investment platforms are seeing increasing interest from investors. NewsIndonesian trading app Ajaib bags funds from Robinhood investor2 mins read
Despite regulatory concerns and intense competition, Meituan is doubling down on its community group-buying business. NewsMeituan’s community group-buying expansion mires firm in losses2 mins read
The company is targeting a revenue of USD 1 billion in the financial year 2020-21. NewsEdtech unicorn Byju’s to raise USD 600 million from Facebook co-founder’s fund and others2 mins read
Online channels grabbed a 20% share of the market. NewsIndonesian smartphone sales grew in 2020 amid the pandemic, reports say2 mins read
In 2020, Bigo generated more revenue than YY Live, said founder and chairman David Xueling Li. NewsLivestreaming boosts user growth and revenue at Joyy2 mins read
The real estate affiliate has a vision to become the world’s biggest EV manufacturer by 2025. NewsKEY STAT | Evergrande NEV shares rise 7.3% despite ballooning losses2 mins read
The unicorn has already facilitated over 6 million loans through its BNPL service in Indonesia. NewsTraveloka joins Siam Commercial Bank to create fintech products in Thailand2 mins read