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Swiggy recently raised USD 43 million as part of its Series I funding round from Ark Impact, Korea Investment Partners, Tencent, and others.

Over 240 million users have bought agricultural products on Pinduoduo last year, amounting to USD 19.3 billion in sales.

GPay plans to reach 5 million users in by 2023.

The firm’s alternative plant-based beef products have been available in more than 3,300 Starbucks locations across China since Wednesday.

Paxel claims to have 900,000 users that have sent and received more than 2 million packages in .

Shanghai will promote construction of 5G networks, optical fiber broadband, IoT and industrial internet applications, and speed up data hubs.

The company said its 1.4% quarterly revenue increase is in line with expectations.

Northstar V will focus on companies in key sectors and industries that drive the growth of the digital economy and recovery from the COVID-19 crisis.