NewsFintech unicorn Airwallex nets USD 160 million to expand worldwideAirwallex said it’s on the lookout for potential acquisitions in the payments space. 2 mins read
While India has extended the nationwide lockdown till May 3, it is allowing industries to resume operations in a phased manner. NewsIndian e-tailers might soon begin operations despite the lockdown4 mins read
The two companies will further cooperate in 5G network operations. NewsCHINA BRIEF| China Mobile to become second largest shareholder in AsiaInfo Technologies after investment of USD 129 million 1 min read
GSX and its employees are accused by VIPKid of stealing customer information to boost sales. NewsAfter being targeted by short-sellers, GSX Techedu taken to court for trade secrets theft2 mins read
Consumers worldwide spent USD 16.7 billion on gaming apps in Q1. NewsCHINA BRIEF | Revenues of Chinese mobile game providers hit record-high of USD 7 billion during Q11 min read
Most remittances sent by individuals in the UAE are made by migrant workers from South Asia. NewsTransferWise expands to MENA, launches cross-border money transfer service in UAE3 mins read
Two banks say data leaked on RaidForums is false, but a forum staff member says it’s already been sold “to many happy customers.” NewsHackers claim to have leaked customer details from some of China’s biggest banks2 mins read
UK-based Previse will expand its AI platform to reach suppliers across Europe and Asia. NewsTemasek-backed Reefknot Investments leads USD 11 million funding round for fintech firm Previse1 min read
Numbers are showing the increased demand for healthcare products, work-from-home equipment, and groceries. NewsHow Indonesians shop in times of COVID-192 mins read
NewsDeals in brief: Wavemaker Impact backs Virdalis, MetaComp and dtcpay raise funding, PixVerse reaches unicorn status, and more