NewsEnglish learning company LAIX fears growth slowdown amid WeChat’s tightened rulesLAIX’s apps relied heavily on user acquisition via WeChat Moments. 2 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
Indians are fast-adopting digital payments as government-backed UPI creates a backbone for all digital transactions. NewsRibbit Capital leads two Series B fintech deals in India3 mins read
The new investment will be put toward expanding existing services and finding opportunities in new mobility solutions, fintech, and logistics. NewsGrab announces USD 500 million investment in Vietnam2 mins read
The demonetization of Rs 1000 and Rs 500 banknotes by India in 2016 made people to take to digital transactions which have since grown manifold NewsUPI-based payments to dominate in India in the next five years2 mins read
Bike taxis are yet to take off in India; an ambiguous regulatory stance is one of the reasons. NewsChina’s Shunwei funds Rapido, India’s answer to Gojek (UPDATE)3 mins read
