The board of online classifieds marketplace 58.com plans to evaluate the proposed transaction. NewsCHINA BRIEF | 58.com receives buyout proposal from private equity firm Ocean Link1 min read
The company wants to shake up ‘s wealth management sector with innovative investment offerings. NewsVietnam fintech startup Finhay raises funding from Acorns co-founder, others2 mins read
The trading day following the firm’s admission of financial fraudulence, Luckin lost nearly USD 5 billion in market value. NewsLuckin Coffee to investigate USD 310 million of fraudulent sales as share price dives 75%2 mins read
Ant Financial already offers over 4,000 wealth management products. NewsCHINA BRIEF | Ant Financial and Vanguard launch robo-advisor on Alipay1 min read
The novel coronavirus is at the centre of its decision as millions of Indians under lockdown seek to watch something new. NewsDisney+ to launch on April 3 in India as demand for entertainment services increase amid lockdown3 mins read
JD.com, Alibaba, and Pinduoduo plan to sell millions of tons of Hubei products to revitalize the coronavirus-ravaged region. NewsChinese e-commerce platforms push grown-in-Hubei goods to kick-start local economy2 mins read
The Special Situations Fund will be a sub-fund for its TNB Aura Fund II. NewsTNB Aura to invest USD 2 million in each startup hit by COVID-19 crisis2 mins read
Furlenco’s subscription-based model ensures it has a recurring source of revenue. NewsFurniture rental startup Furlenco raises USD 10 million from existing investors2 mins read
