NewsDidi Chuxing says it will partner with Chinese car makers, not acquireThe firm says it has no intention to make cars. 2 mins read
Vietnam posted a record US$17.5 billion in FDI disbursement last year and could hit a record FDI for the decade. NewsVietnam has become Asia’s hottest investment destination3 mins read
The deal further signals that Grab, which has raised nearly $7 billion in funding, will have more business cooperation with its strategic investors. NewsFollowing US$1bn investment, Toyota deepens partnership with Grab in Singapore2 mins read
Mineski’s investment in Indonesia’s e-sport scene comes at a right timing. NewsPhilippines’ Mineski to invest US$2 million ahead of a booming e-sport scene in Indonesia3 mins read
Chinese car sales were down for the first time since 1992 but new energy vehicles did surprisingly well. NewsBriefs | Chinese electric vehicle maker NIO comes out with big plans despite declining domestic car market1 min read
It’s not why Tumblr is cleaning up its act, but potentially winning back Indonesia’s 100 million internet users won’t hurt it either. NewsAfter porn ban, Indonesia considers unblocking Tumblr1 min read
Lufax, the highest ranked Chinese fintech company on market researcher CB Insights’ global unicorn list, just raised US$1.33 billion in Series C round, bringing its total valuation to $40 billioNewsBriefs | Ping An-backed Lufax raises $1.3b at $40b valuation with no word on IPO1 min read
Traveloka reportedly paid $66.8 million to acquire three online travel agencies through a shell company named Jet Tech. NewsTraveloka silently acquires three smaller SEA rivals for $66.8m2 mins read
Teething troubles for Indonesian P2P lending as legal aid group files complaint with regulators News25 legal fintech lenders accused of unethical debt collection have until Wednesday to respond to allegations3 mins read
