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The Beijing-headquartered firm says is optimistic about the economic development of China.

Products such as fresh food that were previously sold overwhelmingly offline have seen huge rise in online orders during the health crisis.

Laiye has provided enterprises with intelligent robots and other assistant products based on AI technology.

BharatPe will use fresh funds to set up and expand a non-banking financial company (NBFC) to dive deeper into lending space.

The country now has six unicorn companies, where three of them are in the e-commerce sector.

Grab said that 98% of drivers who had opted-in to the program since launch were able to earn and return their incentives.

The latest deal builds upon an existing collaboration between the two companies, which allows users to book Blue Bird taxis from the Gojek app.

The startup will harness the ingenuity of content creators based in Southeast Asia.