NewsChina’s Hellobike denies removing rival Meituan’s bikes from a streetFew players remain in China’s highly competitive bike-sharing market. 2 mins read
The two companies are among seven startups the giant has invested in via its Tencent Industry Win-Win Fund since March. NewsTencent bets big on AI development with investment in two startups2 mins read
Aerodyne operates more than half of them. NewsThere are now 92 government-approved drones monitoring Malaysians4 mins read
USD 100 billion investment vehicle turns net negative after WeWork and other woes. NewsSoftBank Vision Fund’s gains wiped out with USD 16.7 billion loss3 mins read
Livestreams powered by next-generation 5G networks and cloud-based learning platforms are also expected to become more mainstream NewsChina’s online education drive to boost demand for PCs, tablets, 5G and cloud services, says IDC2 mins read
Lending startups are staring at a tough time ahead as getting loan from NBFCs and collecting money from debtors is going to be a tough nut to crack. NewsDigital lending startup Capital Float raises USD 15 million2 mins read
Kumu recently reached 3 million registered users, plans to scale up operations. NewsPhilippine livestreaming app Kumu nets USD 5 million in Openspace-led round2 mins read
From USD 800 million to USD 3 billion. NewsCHINA BRIEF | World’s largest battery maker CATL enlarges overseas corporate bond sale plan to meet demand1 min read
Trade associations demand the company discontinue exclusive cooperation agreements and lower commission fees. NewsMeituan’s relationship with dining sector sours as COVID-19 tests restaurants’ bottom line3 mins read
