NewsChina’s largest private courier SF Holding sees H1 net profits rise by 40.4%Its revenue was up by 17.7% year-on-year. 1 min read
The B2B fintech company helps its clients keep track of their digital payments. NewsIndian fintech startup Recko raises additional seed round to fuel international expansion2 mins read
Home appliance maker Gree and the Guangzhou Municipal Public Security Bureau are its clients. NewsChina-based AR solution provider HiScene raises USD 35 million in Series C1 min read
It wants to reduce waste by reusing shipping boxes. NewsShared shipping box startup raises ‘hundreds of millions’ of RMB1 min read
LAIX’s apps relied heavily on user acquisition via WeChat Moments. NewsEnglish learning company LAIX fears growth slowdown amid WeChat’s tightened rules2 mins read
Paytm also expanded its offering in ed-tech space with education loans and educations specific insurance products. NewsAlibaba’s Indian bet Paytm enters healthcare space in diversification efforts2 mins read
The once-promising neighborhood group-buying platform fails to attract new capital to stay afloat. NewsPinduoduo’s ambitious challenger Songshu Pinpin lays off 70% staff, report says2 mins read
The move reflects C88’s goal to define its corner in fintech in the next five years. NewsC88 Financial Technologies acquires Indonesian data analytics firm IDX Optus2 mins read
The company sees an opportunity to meet increased demand for tech that helps combat lies, propaganda, and conspiracy theories. NewsBIGO Technology—the Singaporean company selling content moderation services, starting with Indonesia4 mins read