NewsClub Factory and Bigbasket work with offline partners amid COVID-19 lockdownOffline businesses are losing out as the country is in 21-day lockdown. 3 mins read
Pinduoduo is currently mired in heavy financial losses. NewsCHINA BRIEF | Pinduoduo plans USD 1.1 billion private placement for long-term investors (updated)1 min read
Via’s latest round was led by Exor, the holding company of Italy’s Agnelli family. NewsDespite COVID-19, ride-sharing aggregator Via raises at USD 2.3 billion valuation2 mins read
Tencent’s conferencing and communication platforms will play a role in allowing participants to voice their ideas. NewsUN teams up with Tencent to hold global online conversation for the UN75 campaign2 mins read
The company’s valuation has risen at least 20% from two years ago. NewsCHINA BRIEF | Tiger Global becomes stakeholder in Bytedance, joining SoftBank and Sequoia1 min read
This follows MatchMove’s recent announcement to bid for a digital full bank license in . NewsMatchMove acquires strategic stake in e-commerce platform Shopmatic1 min read
Lalamove became a unicorn firm in 2019 after its USD 300 million Series D round. NewsCHINA BRIEF | On-demand trucking service provider Lalamove invests in Southeast Asia-based logistics firm Inteluck1 min read
The medtech startup reports near three-fold user growth since start of the COVID-19 crisis. NewsSingapore’s Doctor Anywhere raises USD 27 million, eyeing expansion to Malaysia and the Philippines3 mins read
This move comes after the firm’s net income in the fourth quarter of last year decreased by 42.9% year-on-year. NewsWeibo opens e-commerce management tool to over 500 million users2 mins read