NewsSequoia Capital leads pre-Series A round in video analytics startup Wobot IntelligenceWobot has a presence in the Middle East and Southeast Asia as well. 2 mins read
Japanese group forecasts 12% drop in net profit for FY2020 amid coronavirus. NewsSony’s key image sensor business hit by smartphone market decline4 mins read
This share sale comes at a time when online healthcare consultation services have played a key role in alleviating the coronavirus crisis. NewsCHINA BRIEF | Alibaba Health to raise USD 1.3 billion to expand pharmaceutical and healthcare business1 min read
Yipien runs nearly 900 fresh-food neighborhood supermarkets in 17 cities in China. NewsCHINA BRIEF | Grocery chain Yipien Fresh closes USD 359 million Series C round led by Tencent and Today Capital1 min read
After launching a grocery platform called Langganan, Wahyoo is now preparing its entry into the online catering segment. NewsIndonesian retail startup Wahyoo snags USD 5 million funding, introduces new business lines2 mins read
The phenomenon sparked a new meme dubbed NetEmo, which took off after some users poked fun at depressed people. NewsMusic streaming app NetEase walks a fine line as it cracks down on ‘emotional’ listeners during a pandemic3 mins read
Shanghai Zhizhen Intelligent Network Technology has been locked in a legal battle with Apple over the Siri voice assistant system since 2012. NewsApple rebuffs USD 1.4 billion patent lawsuit filed by Chinese AI company2 mins read
The new financial products include investment and loan services. NewsGrab to expand financial services products to cover loans and investments2 mins read
Overly patriotic Chinese internet users curse the entrepreneur as a traitor to China. NewsCHINA BRIEF | “ByteDance will need to accept misunderstandings for a while,” says Zhang Yiming1 min read
