NewsIndonesian investment platform Bibit bags USD 30 million in new moneyMillennial investors make up 90% of the company’s user base. 2 mins read
The company had been struggling for a while and already laid off 11% of its workforce in September. NewsSingapore fintech firm GoBear bids farewell2 mins read
Edtech and healthtech are the new frontiers of Southeast Asia’s digital economy, says Google, Temasek report. NewsIndonesian edtech Zenius nabs funding amid growing attractiveness of sector2 mins read
The Human Capital Fund was launched to increase the employment of people from underrepresented groups in Israel’s high-tech industry. NewsIsrael Innovation Authority approves USD 43 million for tech training programs2 mins read
The increase of losses can be ascribed to the two-month-long lockdown in the country that followed by restaurant closure. NewsIndian food delivery giant Zomato doubles revenue on quadrupled loss2 mins read
Byton reportedly extended its suspension of work and production until June 2021. NewsCash-stripped EV maker Byton ties up with Foxconn amid ongoing concerns2 mins read
While ShareChat would be Snap’s first investment in the Indian startup ecosystem, for Google, the deal would mean backing third short video app from India after Josh and Roposo. NewsSnap and Google look to invest in India’s social media firm ShareChat2 mins read
New-energy-vehicle market expected to reach 1.8m units in 2021. NewsChina slashes eco-car subsidies 20% as sales rebound1 min read
Although widely criticized in the country, the “996 working culture” is still prevalent in the tech industry. NewsPinduoduo is being investigated after death of 22-year-old employee3 mins read
NewsDeals in brief: Cube and PvX Partners raise Series A funding; Singapore’s MPA backs six firms; eight China investments; and more
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