NewsCHINA BRIEF | Consumer finance platform Qudian invests USD 100 million in luxury e-commerce firm SecooThis investment will give Qudian a 28.9% stake in Secoo. 1 min read
According to the company’s first earning report since being listed in Nasdaq, gross margin also climbed to 5.1%. NewsCHINA BRIEF | Kingsoft Cloud books USD 1.2 billion in Q1 revenue1 min read
Grab and Mastercard partner to play into Southeast Asia’s increasing adoption of cashless payments and support the region’s underbanked and unbanked individuals. NewsGrab launches digital payments card in the Philippines2 mins read
Japan’s M3 to offer diagnostic systems to hospitals to supplement testing. NewsAlibaba’s AI helps detect coronavirus pneumonia within a minute2 mins read
Orbit aims to invest between USD 200,000 to USD 3 million in Indonesian tech startups. NewsKejora Capital and SBI Holdings launch USD 30 million fund1 min read
Intelllex plans to expand its service across EU and APAC and will accelerate the development of new product offerings. NewsSingaporean legal tech startup Intelllex bags USD 2.1 million in Quest Ventures-led round2 mins read
Following monetization struggles in the Indian market, UC News is set to withdraw from the country. NewsAlibaba-backed UC News to cease operations, report says2 mins read
Smove had grown to be one of the biggest car-sharing services in Singapore, alongside players like BlueSG and Tribecar. NewsSingapore startup Smove exits car-sharing market, now under liquidation2 mins read
Facebook and Reliance have filed an application to CCI for an approval. NewsFacebook sets up new entity to acquire stake in Reliance’s Jio Platform2 mins read