NewsQuest Ventures raises USD 50 million for investments in Southeast and Central AsiaThe firm has a track record of backing popular startups early on. 2 mins read
Two state-owned companies are racing to catch up with SpaceX’s Starlink to provide internet from space. NewsWhy the coronavirus slowed China’s plan to take on Elon Musk’s internet satellites6 mins read
Airwallex said it’s on the lookout for potential acquisitions in the payments space. NewsFintech unicorn Airwallex nets USD 160 million to expand worldwide2 mins read
While India has extended the nationwide lockdown till May 3, it is allowing industries to resume operations in a phased manner. NewsIndian e-tailers might soon begin operations despite the lockdown4 mins read
The two companies will further cooperate in 5G network operations. NewsCHINA BRIEF| China Mobile to become second largest shareholder in AsiaInfo Technologies after investment of USD 129 million 1 min read
GSX and its employees are accused by VIPKid of stealing customer information to boost sales. NewsAfter being targeted by short-sellers, GSX Techedu taken to court for trade secrets theft2 mins read
Consumers worldwide spent USD 16.7 billion on gaming apps in Q1. NewsCHINA BRIEF | Revenues of Chinese mobile game providers hit record-high of USD 7 billion during Q11 min read
Most remittances sent by individuals in the UAE are made by migrant workers from South Asia. NewsTransferWise expands to MENA, launches cross-border money transfer service in UAE3 mins read
Two banks say data leaked on RaidForums is false, but a forum staff member says it’s already been sold “to many happy customers.” NewsHackers claim to have leaked customer details from some of China’s biggest banks2 mins read
InsightsAI applications go global: New report reveals gaps in infrastructure, market readiness, and scenario-based customization