NewsCHINA BRIEF | Following Luckin Coffee, TAL Education discloses sales fraudThe company’s shares dived over 23% in after-hours trading. 2 mins read
The index for express delivery services in China reached 103.7% in March. NewsLogistics sector regains momentum as China recovers from coronavirus2 mins read
Video games and new TV episodes were also put on hold. NewsChina’s internet goes black and white on day of mourning for pandemic victims2 mins read
Some point to a run on pre-bought coffee coupons amid the specter of bankruptcy. NewsLuckin Coffee sees surge of app downloads after admitting accounting fraud2 mins read
But the “strength of Israeli high-tech will be tested in 2020,” said the CEO of Tel Aviv-based IVC Research Center. NewsIsraeli firms raise record USD 2.74 billion in first quarter of 2020 despite COVID-19 crisis3 mins read
The online retailer sells FMCG products to mini-supermarkets, hotels, restaurants, and cafes. NewsSaudi’s Sary raises USD 6.6 million for its B2B marketplace3 mins read
Asian consumers are expected to eat less out and more at home as COVID-19 changes attitudes and behaviors of consumers, finds Nielsen study. NewsCoronavirus pandemic likely to permanently change dining habits of Asian consumers, Nielsen study says3 mins read
Over the last few weeks, Swiggy, Zomato, and Amazon have raised money to strengthen their e-grocery business in the country. NewsIndian unicorn companies scramble to raise funds to brace tough times3 mins read
But the sting could still be felt. NewsXiaomi says it isn’t throwing shade at Huawei with Mi 10 Pro1 min read
NewsDeals in brief: Wavemaker Impact backs Virdalis, MetaComp and dtcpay raise funding, PixVerse reaches unicorn status, and more