NewsAnt eyes holding company structure under regulatory pressureProposed reshuffle includes under-fire lending and insurance platforms. 3 mins read
China’s EV companies have been posting record-breaking sales in the latter half of 2020. NewsKEY STAT | New energy vehicles account for less than 2% of China’s car fleet in 20201 min read
Nationwide distance-learning measures have increased educational expenses. NewsStudent loan startup Pintek nabs debt funding, plans sharia products2 mins read
The fitness tech company reportedly reached a valuation of USD 2 billion. NewsChinese fitness startup Keep secures USD 360 million in Series F led by SoftBank’s Vision Fund2 mins read
The social commerce firm is being criticized for its long working hours. NewsPinduoduo’s troubles deepen after second worker dies2 mins read
Faraday’s flagship vehicle FF 91 is still far away from mass production. NewsEV maker Faraday Future plans to go public via SPAC2 mins read
Feuds between game publishers and app store operators in China’s massive gaming market has created an opportunity for new types of distribution channels. NewsHuawei’s spat with Tencent over revenue sharing highlights tensions in game distribution4 mins read
The move comes as a response to the decline of investments in Israel’s seed-stage startups in recent years. NewsIsrael launches USD 25 million program to help early-stage startups draw investors2 mins read
We are open to that option and we are now preparing for it, said Bukalapak CEO Rachmat Kaimuddin. NewsBukalapak is considering 2021 IPO after significant growth last year2 mins read