NewsAlibaba-backed edtech firm Knowbox to slash 40% of employeesOnline education players are still in hot water. 2 mins read
Qubu is currently under investigation for illegal fundraising and financial fraud in China NewsExclusive: Fraudulent Chinese “blockchain” app Qubu spreads to Malaysia3 mins read
This is SoftBank Vision Fund II’s maiden investment in India. NewsLenskart becomes 25th Indian unicorn with fresh investment from SoftBank2 mins read
Huawei has shipped 230 million smartphone units so far this year, representing 12% growth from last year’s 206 million. NewsApple takes two-thirds of the pie in global smartphone profits with only 12% market share, says report2 mins read
Lightspeed Venture Partners and Sequoia Capital held about 13% and 11% stake, respectively in Oyo. NewsLightspeed and Sequoia executives raked in huge profits after partial Oyo exit2 mins read
The WeChat Pay team has won Tencent’s USD 28.5 million Founders Award. NewsTencent’s WeChat Pay employees to get ten months’ salary plus USD 28,500 as yearly bonus2 mins read
The three e-wallet platforms will distribute a total of MYR 450 million to encourage cashless transactions NewsGrabPay, Touch’ n Go, and Boost selected for Malaysian digital money initiative2 mins read
The company supplies maternal and baby products to shops in China’s small cities and rural areas. NewsB2B e-commerce platform Hipac closes USD 100 million Series D round1 min read
eMonkey is one of the 32 e-wallets that have received licenses from the State Bank of Vietnam. NewsAnt Financial has reportedly acquired a stake in Vietnamese e-wallet eMonkey2 mins read
