NewsCHINA BRIEF | Luckin appoints logistics veteran Guo Jinyi as new CEO and chairmanFour independent directors have also been added to the board. 1 min read
Indonesia’s Financial Service Authority (OJK) has blocked nearly 2,600 illegal fintech lenders in the past three years. NewsIllegal lending continues to hamper fintech sector in Indonesia2 mins read
The partnership comes at a late time as other Indonesian e-commerce platforms have launched grocery services since April. NewsBukalapak partners with HappyFresh to launch e-grocery service1 min read
Huawei reported a 13.1% revenue growth and 9.2% net profit margin for the first half of 2020. NewsCHINA BRIEF | Huawei sees faster growth and improved profitability in Q21 min read
Xiaoice boasts 660 million global users and a reach of 450 million smart devices. NewsMicrosoft’s Xiaoice chatbot to become its own company in China2 mins read
A total of 2,394 games had been removed by Apple from its China App Store on July 4, after more than a thousand each day were taken down from July 1. NewsApple leaves foreign developers scrambling as unlicensed games removed from China App Store3 mins read
The freelancing platform, which counts Meituan and Ele.me among its clients, saw its stock surge 102.6% on the first trading day. NewsChinese staffing solutions provider Quhuo debuts on Nasdaq2 mins read
The latest investment will deepen the ties between the two giants enabling Jio Platforms to roll out advanced 5G infrastructure and services for its 388 million user base. NewsReliance-owned Jio Platforms to beef up its capabilities with Qualcomm’s investment4 mins read
Light on assets, Fatura consolidates orders for existing wholesalers, and counts on them to ship their own products. NewsEgypt’s Fatura raises seven-figure seed to provide inventory and lending solutions to grocery stores3 mins read
