NewsCHINA BRIEF | World’s largest battery maker CATL enlarges overseas corporate bond sale plan to meet demandFrom USD 800 million to USD 3 billion. 1 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
There is a sudden spurt in demand for grocery and medicine during the 21-day lockdown in India. NewsIndian mobility startup Yulu partners with e-commerce companies to deliver essentials as lockdown extended partially2 mins read
Chinese PC manufacturer Lenovo leads the industry with a 23.9% global market share, while Apple sales fell over 20%. NewsDespite coronavirus-caused surge in PC demand, industry sees largest shipments drop in four years2 mins read
The firm is eyeing AI and IoT sectors to seek new paths for growth. NewsCHINA BRIEF | State-owned automaker FAW Group invests in AI by establishing new subsidiary1 min read
Huawei’s Ren Zhengfei and Tencent’s Pony Ma took the second and third positions, respectively. NewsAlibaba’s Jack Ma tops Fortune China’s list of influential business leaders in 20202 mins read
KoinWorks secures Netherlands-based Triodos Bank as a new underwriter. NewsIndonesian fintech lender KoinWorks bags USD 20 million in additional capital and debt2 mins read
Huami, the Xiaomi-backed maker of Amazfit smartwatches, joins researchers in a quest to prepare for the next pandemic. NewsChina wants to use fitness trackers to monitor coronavirus survivors2 mins read
With the country near a standstill, P2P borrowers are rushing to avoid defaults. NewsDebt restructuring requests riddle Indonesia’s P2P fintech platforms3 mins read
NewsDeals in brief: Wavemaker Impact backs Virdalis, MetaComp and dtcpay raise funding, PixVerse reaches unicorn status, and more
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