NewsLuckin Coffee plans to raise USD 586.5 million in US IPOThe company says it sold 90 million cups of joe last year. 1 min read
GGV Capital’s portfolio includes notable companies like Alibaba, Airbnb, and Slack. NewsSingaporean payments startup Thunes rakes in USD 10 million in a GGV-led Series A round1 min read
MNC also made undiclosed amount of investment to iflix NewsMalaysian on-demand video platform Iflix takes investment from Indonesian media giant1 min read
Baidu will build a similar village too. News‘Tencent village’ in China’s Hainan province expected to be completed next April1 min read
The United States alone accounted for about two-thirds of TikTok’s global revenue. NewsTikTok global revenue reached USD 11 million in Q1 20191 min read
Its parent company also operates the Dianping on-demand food delivery platform. NewsMeituan tops 25 million daily orders, 3.6 million merchants1 min read
EVs are slowly driving into Southeast Asia NewsVietnam is getting a non-profit bus service with 3,000 electric buses1 min read
But global industry leaders are locked out of the lucrative Chinese market. NewsChinese smart speaker apps saw 822% hike in installations last year1 min read
About 40% of merchants in areas frequented by Chinese tourists accepted Chinese mobile payments in 2018. NewsTmall International sees sky-high jump in tourism and sales over May holiday1 min read
