NewsLuckin Coffee sees surge of app downloads after admitting accounting fraudSome point to a run on pre-bought coffee coupons amid the specter of bankruptcy. 2 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
Tencent-backed company in talks with new investors as pandemic boosts digital payments. NewsKKR and partners pledge USD 120 million lifeline for Philippines’ Voyager2 mins read
BukuWarung helps enterprises digitize their bookkeeping and has already processed millions of credit and cash transactions. NewsIndonesian accounting app bags funding from big-name investors2 mins read
As schools suspend classes, remote learning providers ramp up their online offers. NewsZenius and Gojek partner to provide free learning materials for Indonesian students1 min read