NewsTesla seizes momentum in China ahead of Shanghai Gigafactory’s inaugurationIts Model 3 is the key. 2 mins read
It now backs other unicorns such as Tuhu and Danke. NewsJoy Capital, an early stage backer of Luckin Coffee, Nio, and Mobike, raises USD 700 million new fund1 min read
Grab’s CEO, Grab Indonesia’s president, and Tokopedia’s CEO also attended the meeting NewsSoftBank to invest USD 2 billion in Indonesia following discussions with President Widodo2 mins read
A car featuring this system is scheduled to go into production in a little over one month. NewsLinking with Tencent and Huawei, Chinese automaker GAC unveils an autonomous driving system2 mins read
The company just raised USD 775 million from a recent US IPO. NewsChinese live game streaming platform Douyu to launch operations in Japan in September1 min read
This new investment could value Traveloka at USD 4.5 billion, according to the WSJ. NewsTraveloka is in talks to raise USD 500 million new funding1 min read
Aside from the acquisition, another deal also brings Beijing Digital Telecom into the fold of JD.com. NewsJD.com will buy a 9% stake in brick-and-mortar consumer electronics seller Beijing Digital Telecom1 min read
The chat app operator will compete with Grab and Go-Jek in on-demand services. NewsJapan’s Line expands Thai operations with e-grocery venture1 min read
The new funds will be used to enter additional markets and accelerate product development. NewsStashAway raises USD 12 million in Series B round led by Eight Roads Ventures1 min read
