NewsIndonesia’s B2B marketplace GudangAda raises eight-figure seed fundingThe fresh cash will be used to expand the company’s reach and services. 2 mins read
Xiaomi, Oppo, and Vivo are teaming up on a new platform for international app developers, but Huawei’s involvement is a mystery. NewsA unified app store from China to challenge Google? Not so fast2 mins read
The nine-year-old startup posted a net profit of USD 2.8 million on the revenue of USD 188.8 million for the financial year ended March 2019. NewsWorld’s most valued edtech startup Byju’s raises USD 200 million from General Atlantic2 mins read
With most Chinese citizens hunkering down at home to wait for the outbreak to subside, some delivery routes are no longer serviceable by normal means. NewsJD.com uses logistics drones as coronavirus disrupts traffic in China2 mins read
Forward School plans to use the new funds to create more tech-focused programs in science, technology, engineering, art, and mathematics. NewsEdtech startup Forward School banks USD 500k to add more tech-focused programs2 mins read
Moovby was one of ten regional startups to receive growth funding from -based Accelerating Asia. NewsMalaysian car-sharing startup Moovby raises USD 500k for regional expansion2 mins read
FirstCry will use the money to expand its physical presence and compete with e-tailers such as Amazon India and Flipkart. NewsSoftBank invests USD 300 million in baby care company FirstCry2 mins read
WhatsApp, with over 400 million users in India, is now a formal contender to Alibaba-backed Paytm, Google Pay, Amazon Pay, and Walmart-owned PhonePe. NewsWhatsApp Pay is back in the game, gets India’s nod to roll out payments3 mins read
The US-listed company’s stock slumped 7% after the announcement. NewsNio to issue USD 100 million in convertible notes amid slow progress in fundraising2 mins read
NewsDeals in brief: Singapore-based ChemT, Synvo, and H3 Zoom raise funding; 100×100 launches climate fund; seven China investments; and more
