NewsCHINA BRIEF | Didi’s global COO Tony Qiu quits job to join KuaishouSenior vice president Stephen Zhu Jingshi will take over Qiu’s role at Didi. 1 min read
It tries to make sense of data scattered across departments to help improve business operations. NewsSingapore-based Qualgro leads USD 8 million Series A in Indian SaaS company Hevo2 mins read
This marks a significant increase compared with one year ago. NewsCHINA BRIEF | Online education company Koolearn Technology predicts USD 114 million net losses in 20201 min read
Of the overall two billion app installs of TikTok and its Chinese version, Douyin, in April, India accounted for 611 million. NewsTikTok tells Indian authority it’s ready to store user data locally2 mins read
Toppr joins the likes of Byju’s, Unacademy, and Vedantu, among others that raised money this year due to sudden jump in new user enrollments. NewsIndian edtech startup Toppr raises USD 47 million led by Foundation Holdings2 mins read
The launch of WeChat Pay in Istanbul Airport is expected to increase the shopping volume of Chinese travelers in Turkey. NewsWeChat Pay launches service in Turkey targeting Chinese tourists2 mins read
EF will retain significant ownership in the business, which has been operative for more than 20 years and built 288 schools across 62 cities in China and 79 schools in Indonesia. NewsEF sells stake of kids’ education business to Permira to further expand in China2 mins read
Nice Tuan completed three financing rounds this year alone. NewsCHINA BRIEF | Grocery group-buying app Nice Tuan bags USD 80 million in latest round1 min read
Chinese apps pose risk for security cooperation with US, critics argue. NewsJapanese ruling party pushes for limits on TikTok2 mins read