NewsByteDance expects to raise USD 2 billion in new round led by Sequoia and KKRThe fresh investment would value ByteDance at USD 180 billion. 1 min read
Disney+ entered India in early April through Hotstar and garnered about 18.5 million paying user by September-end. NewsDisney+ Hotstar accounts for 30% of Disney+ subscribers globally2 mins read
Alibaba is reportedly planning to inject USD 3 billion into Grab, which would make it its largest venture in Southeast Asia. NewsOvo and Lazada Indonesia announce partnership, as Alibaba moves closer to Grab1 min read
APT32, the hacking group, has a history of launching operations that are aligned with the Vietnamese government’s interests. NewsFacebook traces advanced hacking group to Vietnamese IT firm2 mins read
Buka Investasi Bersama will launch four new products and has a target to serve 500,000 mutual funds investors on its platform in 2021. NewsBukalapak fintech subsidiary sells 20% stake to Ashmore Indonesia2 mins read
A newly-established health lab in Xi’an includes areas for experimental smart-wearable product testing and sports health innovation development. NewsHuawei tops the global wrist-wearable market, exec says2 mins read
Nio’s shares surged 19-fold in the past twelve months. NewsNio plans to sell new shares to fund research and sales1 min read
Smartphone maker sees opportunity to grow in neighboring market. NewsXiaomi to double Japan R&D staff as Huawei stumbles2 mins read
2020 has overall been a banner year for the educational sector in China. NewsAlmost 20% of businesses in the booming education sector are in critical condition, says report3 mins read
NewsDeals in brief: Carro and Dat Bike raise funding, Terra Oleo debuts with seed round, six new China deals, and more