NewsDidi struggles in Shanghai: Operating without a license, driver arrested, warned of a ban or even internet access cutQuality issues with vehicles and drivers persist. 3 mins read
The Vietnamese startup helps local bus operators boost their efficiency. NewsVinaCapital Ventures invests in logistics software startup An Vui1 min read
Fintech and business services account for a quarter of the conglomerate’s revenue, while gaming still accounts for one-third. NewsTencent’s fintech and cloud business outgrow gaming2 mins read
Singapore and Indonesia say they want to safeguard drivers and riders alike. NewsGrab and Go-Jek face the new challenge of fare regulators4 mins read
Citigo Software, the company that develops KiotViet is the largest in Vietnam. NewsVietnamese POS solution KiotViet raises USD 6 million from Jungle Ventures and Traveloka2 mins read
Cheap fresh produce is a tool for Pinduoduo to gain trust. NewsPinduoduo eyes 100 million orders for agricultural produce in 12 days, linking with 20,000 merchants1 min read
The company predicts that it’s on track to reach the store level break-even point during the third quarter. NewsLuckin Coffee’s revenue increases 700% while net loss widens 100% in Q22 mins read
DIVA enables SMEs to sell digital vouchers and reportedly posted a net profit of USD 2.8 million in Q2 2019. NewsKejora and InterVest jointly acquire “up to 10%” stake in IDX-listed tech company DIVA2 mins read
Ant leads the investment into Xinlian Technology, a subsidiary of state-owned highway company SDHS. NewsAnt Financial to take a bigger share of China’s e-toll market with new investment2 mins read
NewsDeals in brief: Bioactivx raises pre-Series A funding, SMBC and Singtel Innov8 back fileAI, latest China investments, and more
