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China slashes new energy vehicle subsidies by 50%, plans to phase out all by the end of 2020
The government is normalizing the NEV industry, but those in the trade have voiced concerns about drops in sales.
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Not only does this move allow Tencent to step further into e-commerce, it also encourages additional usage of its e-wallet.
The measure will presumably cut costs for the cash-strapped company.
Rival Go-Jek pioneered a link up with Jakarta’s public bus network in 2015 but dropped the feature again
ByteDance’s Douyin app, which features 15-second videos and is known as TikTok outside of China, has started to allow a subset of users to share videos lasting up to 5 minutes, presumably to div
This could set the stage for the sustainability trend to go mainstream in Southeast Asia
The world’s largest cooked food delivery service provider starts delivering fresh produce.
It taps into the broader trend of co-living
Bitmain had hoped to become the first in the industry to list on a major exchange.
