NewsStreaming service Leshi poised for delisting as red ink mountsFormer Chinese tech darling struggles to recover from ill-fated expansion push. 2 mins read
Motovis provides automakers with different levels of automation solutions. NewsCHINA BRIEF| Autonomous driving solution provider Motovis scores USD 14 million in Series A2 round1 min read
Flow said it is already planning to raise a Series B round in a combination of equity and debt. NewsSingaporean fintech firm AsiaCollect raises USD 6 million and rebrands into Flow2 mins read
Cainiao has partnered with 4PX Express, a cross-border e-commerce solutions provider headquartered in Shenzhen, Guangdong province. NewsCHINA BRIEF | Alibaba’s Cainiao launches international postage service as COVID-19 pandemic slows logistics1 min read
Brimore connects small and medium-sized manufacturers in Egypt with its network of freelancers, who sell consumer goods within their local communities. NewsEgyptian social commerce platform Brimore raises USD 3.5 million pre-Series A to connect manufacturers with consumers2 mins read
The program Koin Gaji THR 2020 aims to help business owners that have been hit by the pandemic. NewsIndonesian HR startup Gadjian partners with KoinWorks to provide loans for Eid bonuses2 mins read
The Beijing-based company called the speculation “not accurate”, in response to local media outlets. NewsCHINA BRIEF | ByteDance denies rumored Hong Kong IPO plan1 min read
In India, Spotify competes with local as well as global music streaming giants. NewsSpotify inks licensing deal with Indian music label Saregama2 mins read
Tencent Music Entertainment says it has started seeing a moderate bounce back in the industry as China recovers form the pandemic. NewsTencent Music Entertainment hits 55.5 million paying users in Q1, but profits decline2 mins read