NewsCHINA BRIEF | Grocery group-buying app Nice Tuan bags USD 80 million in latest roundNice Tuan completed three financing rounds this year alone. 1 min read
Chinese apps pose risk for security cooperation with US, critics argue. NewsJapanese ruling party pushes for limits on TikTok2 mins read
Chinese online games giant is now the world’s seventh most valuable company ahead of Facebook. NewsTencent grabs Facebook’s social media crown with rally that adds USD 207 billion to market value this year3 mins read
In December, MusashiAI launched the world’s first agency offering robots for hire in factories and other industrial environments. NewsIsraeli-Japanese venture announces commercial launch of robot employees2 mins read
In May, the Naspers-backed company laid off 1,100 people and shut non-performing business arms. NewsFood delivery giant Swiggy axes 350 jobs in second round of lay off3 mins read
Traveloka said it witnessed “a historic drop” in business activity caused by the pandemic towards levels never seen before. NewsTraveloka raises USD 250 million to help support operations amid COVID-192 mins read
Huawei has 46 per cent of China’s smartphone market, more than Vivo, Oppo, and Xiaomi combined. NewsHuawei captures nearly half the smartphone market in China, where a lack of Google apps doesn’t matter2 mins read
Earlier this year, Trip.com planned a secondary listing in Hong Kong, but reversed track due to the COVID-19 pandemic, which resulted in industry-wide losses. NewsCHINA BRIEF | Trip.com considers delisting from Nasdaq: Report1 min read
Since taking over Uber’s business, Grab has to seek permission on pricing from Singapore’s consumer watchdog. NewsGrab applies for platform fee in Singapore, plans to improve safety measures1 min read
