NewsKEY STAT | Stock of Chinese IoT cloud software Tuya rallies in NYSE debutTuya is the world’s largest IoT PaaS developer by the number of smart devices. 1 min read
This is good for the growth of the local startup ecosystem, says expert. NewsIn Indonesia, more tech startups and SOEs are teaming up, but does everybody win?2 mins read
A large part of the investment went into edtech and hyperlocal startups, collectively accounting for over 40% of the total money poured into these companies in 2020. NewsIndian e-commerce and consumer internet companies raised over USD 8 billion in 20203 mins read
Texas freeze wreaks havoc on semiconductor supply chains. NewsSamsung chip fallout threatens smartphone and PC supplies4 mins read
Alibaba is testing a mini program called Taobao Tejiaban, according to media reports. NewsSurpassed by Pinduoduo, Alibaba plans to tap WeChat for new users1 min read
Several other Chinese internet companies are preparing secondary listings in Hong Kong. NewsKEY STAT | Baidu kicks off ‘homecoming’ listing, remains short of its target1 min read
iQiyi launches new venture, while ByteDance hires hundreds. NewsChina’s tech titans turn Singapore into their new overseas hub2 mins read
China’s largest agricultural platform enables more than 12 million farmers to sell products to its more than 788 million active buyers. NewsPinduoduo has more buyers than Alibaba as company pushes ahead with agricultural focus2 mins read
Despite a financial scandal, Luckin has kept all its stores in China open and stayed in business, paying suppliers and employees. NewsLuckin Coffee to restructure debt, raise USD 250 million in equity financing2 mins read