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Vietnamese fintech startup Momo bags US$100m from Warburg Pincus

The funding round is said to be one of the largest single funding rounds ever raised by a Vietnamese startup.

2 mins read

The smartphone company’s share price has been dropping like a rock.
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Xiaomi to buy back 6 million shares as investors flee
2 mins read
The new regulation will take effect on April 1, 2019
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Deciphering Indonesia’s e-commerce tax polemic
4 mins read
This is a big move for JD as it legalizes online diagnosis and for the first time extends public medical insurance benefits online.
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JD.com is revolutionizing health services in founder’s hometown
1 min read
Back then, Red Envelopes lured millions of new WeChat Pay users. This time, WeChat hopes they can lure new Corporate WeChat users.
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WeChat’s new candy to lure corporate clients: customised “red envelopes”
1 min read
A slowing Chinese economy has dragged down the company’s earnings.
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ByteDance hits 2018 sales target, but only barely
2 mins read
South Korean Mirae Asset-Naver Asia Growth Fund joins the round as financial and strategical investor.
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Bukalapak raises new round to accelerate platform innovation (update)
2 mins read
ByteDance enters China’s social messaging market.
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China’s ByteDance launches video chat app Duoshan to take on Tencent’s WeChat
3 mins read
Huawei expected its revenue growth to be below 20% at $125 billion at the best.
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Huawei founder hints slower growth in 2019 for global market woe
1 min read