NewsTencent leads Kuaishou’s USD 3 billion pre-IPO round with Jack Ma-backed Yunfeng Capital in towTencent would own 20% of Kuaishou after the completion of the deal. 1 min read
The deal signals that Vingroup is shifting its focus to high-tech ventures. NewsVietnamese conglomerate Vingroup spins off consumer retail arm1 min read
Populix connects businesses with respondents, providing insights to help clients better understand Indonesian consumers. NewsIndonesia’s research startup Populix raises USD 1 million seed funding round2 mins read
The company plans to take its business and services to nearby Southeast Asian countries. NewsIndonesia’s Kredivo raises USD 90 million in Series C round2 mins read
Prior to landing his new role, Agusta was a vice president of investment at MDI Ventures NewsIndonesia’s Mandiri Capital names Joshua Agusta its new director2 mins read
After 15 years of being in India, Temasek operates a USD 11 billion portfolio in the country. NewsTemasek might participate in a USD 100 million round for Indian health tech startup Cure.fit2 mins read
Lu Weibin, the man behind Xiaomi’s budget smartphone series Redmi, succeeds Xiaomi’s founder Lei Jun as president of Xiaomi China. NewsXiaomi announces leadership reshuffle to boost 5G development, IoT, global expansion2 mins read
One97 posted a loss of USD 552.1 million for FY19, up 165.5% from USD 207.9 million reported in FY 2018. NewsIndian payments company Paytm seeks license for a small finance bank3 mins read
About 79% of transactions in Vietnam are still cash-based. NewsVietnam tightens control over e-wallet usage1 min read