NewsCHINA BRIEF | Revenues of Chinese mobile game providers hit record-high of USD 7 billion during Q1Consumers worldwide spent USD 16.7 billion on gaming apps in Q1. 1 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
The AI-powered makeup integration allows customers to try on cosmetic products virtually. NewsCHINA BRIEF| Megvii unveils virtual makeup solution FaceStyle to boost sales for cosmetics retailers1 min read
The startup operates its own kitchens for its in-house restaurant brands NewsPhilippine cloud kitchen startup CloudEats nets USD 1.4 million in seed round2 mins read
Retail chains such as Future Group and Spencer’s Retail have partnered with e-tailers to make the best of the situation. NewsCOVID-19 puts Indian retail chains’ online dream on a turbo mode4 mins read
The Chinese government has imposed strict regulations to combat game addiction among young people last November. NewsCHINA BRIEF | Local government accuses mobile game and livestreaming companies of lax oversight1 min read