News

The SoftBank-backed fintech platform last week raised USD 356.4 million from a follow-on share sale to fund its overseas expansion.

China’s booming shared power bank industry had 150 million users in 2019, according to market research firm Trustdata.

The company is starting with Karachi, but has plans to expand across Pakistan, including Lahore.

This is the first time that a hotel chain operator in China has opened an online booking channel on Pinduoduo, which mainly sells groceries.

But average spending per user remained less competitive compared to Alibaba e-commerce and JD.com.

Under the “registration-based” system, newly-listed stocks on ChiNext won’t have daily volatility limits in the first five days of trading.

Huawei has already signed deals with Russian telecom companies, banks, and has invested tens of millions of dollars into data storage in the country.

Motorcycle sales in Vietnam took a hit in the first quarter, dropping 3.7% YoY, and falling 71% in April.