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Philippine startups are lagging behind their Southeast Asian counterparts in terms of venture capital funding.

This could mean more freedom to test new models in the same area, moving forward.

The Chinese conglomerate is forming strategic partnerships in the city.

Robin Li, the chairman of China’s Baidu, has shared his key objectives for the company. In the coming year, Li said Baidu must “build a strong mobile ecosystem” and “achieve su

This move is designed to help WeChat close the gap between its 1.08 billion monthly active users and WeChat Pay’s 900 million monthly active users.

Go-Jek raised US$1 billion, bringing the company closer to a decacorn status.

The Cyberspace Administration of China has ordered WeChat, Liaotianbao, Duoshan, and Matong to follow legal procedures when adding new functions or publishing new applications.

After the deal, the Beijing-based startup will be valued at US$8.5 billion, multiple times higher than its rival Uxin, which is listed on NASDAQ and had a market capitalization of about US$1 billion a