NewsSoftBank shares reach highest level since 2000 on recovery hopesSentiment brightens on buybacks and IPO for insurance startup Lemonade. 2 mins read
The novel community Kuaidian has attracted 5 million daily active users since its founding in 2017. NewsCHINA BRIEF | Kuaidian closes nearly USD 100 million Series C led by Sequoia Capital China1 min read
This plan is still in the “preparation phase” awaiting its first 300,000 members. NewsFinance giant Fosun the latest to jump into China’s expanding mutual aid market2 mins read
As the leading player in Egypt’s payments space, Fawry is receiving a lot of interest from investors. NewsFawry’s market cap swells to USD 830 million2 mins read
Paytm forayed into insurance in 2018 and has been trying different approaches to expand its presence ever since. NewsPaytm levels up its insurance play by acquiring Raheja QBE3 mins read
New Wave, an entity controlled by Chao and also the largest shareholder of Sina with a 58% voting power, has proposed to buy all outstanding ordinary shares. NewsCEO of Chinese social media giant Sina Corp proposes delisting from Nasdaq2 mins read
Power bank sharing, a USD 1.1 billion market, started to take off in China around 2017. NewsPower bank sharing startup Xiaodian prepares for Shenzhen public listing2 mins read
The funding will be dedicated to startups in seed, growth, and venture stage. NewsSequoia raises its seventh fund worth USD 1.35 billion for India and Southeast Asia3 mins read
The withdrawal comes after TikTok’s forced exit from India. NewsCHINA BRIEF | TikTok to end operations in Hong Kong1 min read