NewsKEY STAT | Robotaxi operator WeRide reports successful first year of serviceWeRide and Baidu are in a race to offer China’s first “true” driverless taxis. 1 min read
The startups of the cohort have collectively raised USD 45.35 million from Surge and other investors. NewsSequoia Capital India announces fourth cohort of its scale-up program Surge1 min read
The company’s IoT business also showed promising signs of recovery following a slowdown due to the pandemic. NewsXiaomi’s global smartphone sales surge as rival Huawei struggles2 mins read
Sharechat has emerged as the largest TikTok competitor in India. It was reported to be in talks to raise USD 150-200 million from Microsoft and Google to expand its short video app Moj. NewsGoogle reportedly mulls snatching Indian social media startup Sharechat for USD 1 billion3 mins read
Thailand launched a tracking app in April which has garnered around 60,000 users, but is criticized by privacy advocates. NewsThailand set to launch COVID-19 tracking app for tourists, talks with China about ‘travel bubble’1 min read
Kredivo plans to serve more than 10 million financially underserved customers in Indonesia in the next few years. NewsIndonesian Kredivo closes its largest credit line, plans to tap healthcare and student loans2 mins read
Platforms need to assign content moderators for every 50 online livestreaming channels. NewsChina blocks teens, unverified users from spending on livestreaming apps2 mins read
To make headway in Southeast Asia, Alibaba needs even larger vehicles to chart new paths in the region. NewsWith shared investor DNA, Grab and Lazada pool consumers in Vietnam2 mins read
The logistics arm of e-commerce giant JD.com is expected to raise as much as USD 10 billion in its public debut. NewsKEY STAT | JD.com could list its third spinoff in 20211 min read