NewsTencent merges its team in charge of short-video app Huoguo with Tencent Video divisionThe Chinese giant is trying to take over on Douyin and Kuaishou. 1 min read
Under the agreement, the three companies will jointly develop fleet and mobility solutions to build India-specific electric vehicles (EVs) and infrastructure. NewsOla gets regulatory nod for USD 300 million investment from Hyundai and Kia1 min read
The global commercial UAV market is expected to grow to USD 103.7 billion in 2023. NewsChinese passenger drone maker EHang files for US IPO on Nasdaq2 mins read
Grab is solidifying its foothold in the country, where more than 96 million people reside. NewsGrab signs agreement for smart transportation with Ho Chi Minh City officials1 min read
Alibaba wants its Russian business to boost through the partnership with Mail.ru. NewsIn order to let Russians buy more, Alibaba now operates its own air cargo flight2 mins read
Some are hosted on servers located overseas. NewsIndonesia’s OJK blocks 297 illegal P2P lenders1 min read
While ShareChat is yet to find a revenue model, ByteDance has posted its maiden profit in India. NewsByteDance India posts profit while Indian rival ShareChat reels under losses4 mins read
Shuttl’s current valuation has peaked to USD 200 million. NewsToyota Group and Japan’s SMBC Trust Bank invest in Indian bus-hailing startup Shuttl2 mins read
CEO vows to provide AI innovators ‘cash to fight’ despite WeWork woes. NewsSoftBank’s Son defends Vision Fund at Saudi conference3 mins read