NewsTim Hortons bags new capital from Sequoia and Tencent for China expansionThe coffee brand is pushing digitization and themed stores. 2 mins read
Operating expenses rose as Youdao was caught in intense competition in China’s online education sector. NewsKEY STAT | Edtech Youdao doubles its revenue in 2020 in robust online market1 min read
Currently, the firm runs a fleet of more than 70,000 drivers and 200,000 merchants, serving 2 million customers across five major cities in Vietnam. NewsVietnamese startup Loship pushes expansion plans with fresh Series C funding3 mins read
The company, which was founded only recently, is already a unicorn. NewsChinese GPU startup Moore Threads raises billions of yuan to take on Nvidia2 mins read
Li Auto’s footprint in China’s EV market continues to expand amidst fierce competition with domestic rivals Nio and Xpeng Motors. NewsEV-maker Li Auto generates strong profits as deliveries surge2 mins read
Up to 40% of the fund will be allocated to startups in SEA and China. NewsEurazeo completes first close of Smart City Fund II2 mins read
TSMC and UMC activate water-supply plans as reservoirs face depletion in 60 days. NewsTaiwan’s chip industry under threat as drought turns critical5 mins read
The fund plans to invest up to SGD 2 million into 20 early-stage startups that tackle the challenges of the sector. NewsSingapore’s Motion Ventures completes first close of SGD 30 million debut fund, targeting maritime tech2 mins read
Officers will send warnings via direct message. NewsIndonesia creates virtual police department to guard social media2 mins read