NewsKEY STAT | Alibaba sets new livestreaming sales goal for 2020Boosted by the COVID-19 outbreak, livestreaming e-commerce in China is in its heyday. 1 min read
The recent transaction has tripled the five-year-old startup’s valuation to USD 1.45 billion in less than six months. NewsSoftBank marks its entry in India’s edtech sector with its investment in Unacademy3 mins read
India put a ban on 118 Chinese apps citing cybersecurity reasons. NewsIndia plans endgame for Tencent’s PUBG Mobile in third round of bans of Chinese apps3 mins read
Livspace projects to grow into a USD 500 million business within the next 2-3 years. NewsHome renovation platform Livspace raises USD 90 million to expand in Southeast Asia, Australia1 min read
The black market for cheats and hacks exploits popular titles such as League of Legends and Peacekeeper Elite, the Chinese version of PUBG Mobile. NewsChina’s market for gaming cheats tops USD 293 million despite crackdown2 mins read
Biofourmis uses AI and machine learning to deliver software-based, data-driven therapies that enable personalized predictive care. NewsBiofourmis bags USD 100 million in Series C round led by SoftBank1 min read
Company denies accusations by short sellers after posting strong quarter. NewsChinese e-tutor GSX probed by US after inflated sales complaints2 mins read
The enterprise team collaboration platform provides a suite of productivity tools, including topic-based group chat, task management, video conferencing, and third-party app integrations. NewsKorea’s Jandi eyes ‘aggresive’ APAC expansion after USD 13 million Series B2 mins read
While the book drew interest from several studios and production companies in China, attempts to turn it into a domestic blockbuster have failed. NewsNetflix decision to adapt Chinese novel ‘The Three-Body Problem’ garners controversy3 mins read
NewsDeals in brief: Three Singapore startups raise AI funding; SC Ventures leads Keyrock’s Series C round; six China investments; and more