NewsChinese shoppers break sales records during 618 online festivalData may provide clues about current consumer confidence in China. 4 mins read
The global market for video games is forecast to reach USD 159.3 billion this year, with mobile games making up about half of that. NewsByteDance brushes off early failures with new partnerships to battle Tencent in core games market4 mins read
Jendela360 connects tenants, landlords, and agents on a platform that offers more than 9,000 apartment units in Indonesia. NewsIndonesian proptech Jendela360 bags USD 1 million funding from Beenext, others2 mins read
One of the reasons for Israel’s strength in fintech is its rich offering of AI capabilities. NewsIsraeli fintech soars to USD 1.8 billion in investments in 2019, report says4 mins read
Shorooq Partners counts companies like Pure Harvest, Trukker, Souqalmal, Sarwa, and Munchon in its portfolio. NewsAbu Dhabi Investment Office invests USD 5 million in Shorooq Partners’ Bedaya Fund2 mins read
The company plans to install at least 4,000 more chargers in China by the end of 2020. NewsCHINA BRIEF | Tesla installs nine more Supercharger stations in Beijing1 min read
JD’s secondary listing came shortly after gaming company NetEase, whose shares surged 5.7% on its trading debut in Hong Kong on June 11. NewsCHINA BRIEF | JD.com advances 3.5% in Hong Kong debut1 min read
The growing sector gives video-sharing platforms an opportunity to gain presence in the e-commerce industry. NewsCHINA BRIEF | ByteDance forms e-commerce business unit1 min read
Airtel has operations in 18 countries across Asia and Africa. At the end of March 2020, it had over 423 million customers. NewsReliance Jio’s telecom rival, Airtel buys a strategic stake in edtech startup Lattu Media3 mins read
NewsDeals in brief: Grab to acquire Stash, Gobi Partners backs Valiance Health, Humain invests in xAI, and more
