NewsTrip.com launches VC firm to deepen travel industry investmentsThe latest example of the growing prominence of corporate venture capital in China. 2 mins read
Analysts predicts China’s audio content market will reach RMB 100 million (USD 14 million) by 2026. NewsByteDance unveils AI-enabled app for audiobooks without voice actors2 mins read
The startup says it has handled 10,000 cases in Arabic-speaking countries as well as in Europe and North America. NewsEgypt’s Shezlong gets fresh funds to expand its mental health platform2 mins read
The firm has already added a new channel, called Huoyun, onto the Didi app that will be home to the new cargo shipping service. NewsChinese ride-hailing giant Didi Chuxing turns to on-demand trucking2 mins read
Cambodian viewers will be able to enjoy various contents in esports, tech, and entrepreneurship on SingMeng’s OTT platform. NewsSingaporean media network TechStorm is now broadcasting in Cambodia1 min read
Saudi Arabia’s e-commerce market is up 14% from last year at USD 21 billion, according to e-commerce platform ZID. NewsZynga buys Peak Games, Samsung invests in Egypt, and a lot of liquidity from the Saudi central bank | The Middle East Weekly Roundup4 mins read
This is Jio Platforms’ eighth fund raise in seven weeks. It has raised a total of USD 12.95 billion from leading global investors. NewsAbu Dhabi Investment Authority buys 1.16% stake in Reliance’s Jio Platforms3 mins read
The company also plans to open a “Transparency Center” in its Los Angeles office to give outside observers access to its content moderation and data practices. NewsCHINA BRIEF | ByteDance limits domestic employees’ access to overseas products, report says1 min read
The firm connects clothes suppliers with vendors on C2C e-commerce platforms, brick-and-mortar stores, and even street vendors. NewsCHINA BRIEF | Clothing e-commerce platform Yishou closes USD 40 million Series C round1 min read
NewsDeals in brief: Valtor secures Wavemaker backing, Qapita raises Series B funding, Accel and Peak XV invest in Supabase, and more