News‘Ace pilots’ in China lead expansion of agricultural dronesCapable operators fill gaps between functions and needs as industry flies high. 3 mins read
The transaction volume in Chinese cross-border e-commerce reached USD 1.2 trillion last year, up 13.09% YoY. NewsChinese consumer electronics maker VanTop raises RMB 300 million from Sequoia China1 min read
China’s National Social Security Fund is the biggest external institutional shareholder of Ant Group. NewsKEY STAT | 1.3 billion Chinese citizens to benefit from Ant Group IPO1 min read
ByteDance said that it is considering to spin off some businesses for standalone listings, but that has yet to be finalized. NewsByteDance considers listing Douyin business in Hong Kong1 min read
The company will use new funds to build e-sports facilities and roll out short video e-sports content, among other initiatives. NewsTencent and Kuaishou invest in e-sports startup VSPN2 mins read
Over a year old, Foundation Ventures is operated by three former investment bankers who are claiming their stake in a maturing investment ecosystem. NewsFoundation Ventures closes debut fund for Egyptian startups5 mins read
The Aqumon app, which has been downloaded 100,000 times, offers access to low-cost ETF portfolios. NewsMagnum Research closes pre-Series B round backed by Lenovo Capital, Alibaba, others1 min read
Lufax’s initial public offering would become one of the biggest by a Chinese company in the US this year. NewsKEY STAT | Chinese fintech unicorn Lufax to collect USD 2.36 billion in New York IPO1 min read
Since its launch in September 2019, the customer base has jumped to 25,000 employees, processing salaries of up to USD 1 million per month. NewsMyanmar HR tech startup Better HR plans expansion in Thailand, Cambodia, and Laos2 mins read