NewsCHINA BRIEF | Hello Chuxing turns to delivery sector as COVID-19 hits ride-hailing industryWith ride-hailing down, the company is turning its drivers into couriers. 1 min read
Extra USD 200 million to ease tech fundraising uncertainty. NewsSingapore boosts startup funding amid pandemic slowdown3 mins read
Kuaishou looks to JD.com’s supply chain and logistics to boost sales through livestreaming. NewsKuaishou and JD.com ink partnership to boost presence in China’s booming livestream e-commerce industry2 mins read
People’s Bank of China governor Yi Gang says there’s no timetable for an official launch of the first sovereign digital currency among major economies. NewsChina’s digital currency not set for launch as trials are “just routine”, central bank governor cools speculation2 mins read
The Singaporean fintech will use the funding to speed up its transformation into a fully-fledged financial services platform. NewsGoBear notches USD 17 million fresh investment from Walvis Participaties and Aegon1 min read
Douyu’s share price surged 18.67% to USD 8.20 in Tuesday trading following the earnings release. NewsWuhan-based video game livestreaming platform Douyu sees 53% revenue growth in Q12 mins read
A proposal from the Hangzhou government would have post-pandemic health codes assess lifestyle habits like exercising and medical checkups. NewsThe Chinese city that introduced health codes wants to track drinking and smoking3 mins read
The company raised a total of USD 1.5 billion in venture capital funds to back its growth. NewsCashier-less convenience store Bianlifeng likely profitable in 2020, against industry trends2 mins read
About 86.6% of TikTok’s user spending in April was generated in mainland China, followed by 8.2% in the United States NewsTikTok user spending hits USD 78 million in April, leads YouTube to become world’s top-grossing non-game app2 mins read
NewsDeals in brief: Valtor secures Wavemaker backing, Qapita raises Series B funding, Accel and Peak XV invest in Supabase, and more