NewsKEY STAT | “Tesla challenger” Nio logged a total of over 621 million milesBut its growth pace still lags behind Tesla by a mile. 1 min read
With only 2% of Chinese getting rid of used smartphones, JD.com, Tencent, and Alibaba are all making investments in the second-hand market. NewsWhat are billions of used phones worth? China’s tech giants want to find out2 mins read
The fresh capital will provide MyMy the regulatory capital needed to apply for an e-money license from Bank Negara Malaysia. NewsMalaysian fintech MyMy bags USD 2.4 million from Koperasi Tentera2 mins read
Ant Group aims to raise USD 35 billion in IPO, surpassing Aramco to become the largest-ever fundraising. NewsAnt Group submits IPO registration, raises previous funding target by USD 5 billion2 mins read
Japanese conglomerate SoftBank and American PE firm Carlyle have also shown interest in investing in Reliance Retail. NewsAmerican private equity firm KKR invests USD 754 million in Reliance Retail2 mins read
Singapore-based Syfe is in advanced conversations with regulators in the region and expects to enter other markets within the next 18 months, according to CEO Dhruv Arora. NewsWealth manager Syfe raises USD 18.6 million, says assets increased tenfold this year2 mins read
Flytrex debuted its delivery services in August 2017 in Reykjavik and is now bringing those capabilities to the United States. NewsWalmart pilots on-demand drone deliveries with Israel’s Flytrex5 mins read
Global revenue from e-sports is expected to grow to USD 1.1 billion in 2020, up 15.7% from USD 950.6 million in 2019. NewsE-sports startup Ampverse notches pre-Series A funding for regional expansion2 mins read
Indian government is compiling a list of app-based lending companies that are connected with China. NewsIndia contemplates banning digital lending apps with links to China2 mins read
NewsMiddle East weekly: Aito enters the UAE, MGX invests in Anthropic, AED-backed stablecoin secures approval, and more