NewsTencent president says big tech needs more regulationChinese group beats profit forecast on hit games and fintech. 3 mins read
Xpeng Motors’ share price shot up by 33.40% to USD 44.73 following its third-quarter results. NewsXpeng Motors shows robust growth on back of strong P7 sales1 min read
Pinduoduo’s share price increased by 20.41% to a record USD 134.21 in Thursday trading following its third-quarter earnings announcement. NewsPinduoduo stock soars while its user base closes in on Alibaba2 mins read
The new Grab service will be available in selected areas in Malaysia. NewsGrab Malaysia has a new supermarket feature that is different from GrabMart2 mins read
Douyu and Huya are set to complete a Tencent-orchestrated merger in the first half of next year. NewsChinese Twitch competitors report slower growth as offline entertainment recovers1 min read
Over 20 million hours of livestreams were watched on Shopee Live in Southeast Asia and Taiwan since it launched 11.11 Big Sale three weeks ago. NewsShopee sets new record with 200 million items sold on Singles’ Day2 mins read
A number of Peregrine’s current portfolio companies have already pivoted to use their technologies to combat the coronavirus. NewsPeregrine Ventures launches USD 300 million fund for life sciences startups3 mins read
Competition is heating up in the payment space in Indonesia. NewsGojek reports higher transaction value in 2020, says that all products generate positive margins2 mins read
In September, major streaming platforms tried to push for self-regulation by setting up a structured grievance redressal and escalation mechanism for users. NewsIndia puts a leash around online streaming players like Netflix, Disney+Hotstar2 mins read