NewsTonik raises USD 17 million for its neobank aimed at the Philippines’ unbanked populationThe round brings Tonik’s total funding to USD 44 million. 2 mins read
The number of podcast creators and listeners is growing in China, and a rush of tech companies are looking to find ways for sustainable monetization. InsightsChinese listeners are getting into podcasts, with a host of platforms carving out their own niche8 mins read
Tonik has onboarded 30,000 clients and achieved a positive balance sheet of over USD 20 million within a month of operation. InsightsThis neobank targets the young and unbanked population in the Philippines | Startup Stories5 mins read
Accumulated losses reach USD 10 billion; Singapore company raises Myanmar risk. InsightsGrab CEO takes 60% of voting rights: 5 take-aways from IPO plan4 mins read
Expenditures for new initiatives and fierce competition were cited as the main reasons for the losses. NewsShares of logistics giant SF drop 10% after unexpected Q1 loss1 min read
Video streaming hub created for cartoon fans goes more mainstream. InsightsBilibili fights for China’s online audience with USD 2.6 billion listing8 mins read
Suning will be able to sell assets through REITs, initial public offerings, and equity transfers. NewsSuning teams up with GLP to cash in on its logistics assets2 mins read
A large part of the Indian fintech world is growing up inside rather than outside the regulated banking framework. OpinionThe fintech revolution in India and China6 mins read
Emerging from a global pandemic, Singapore aims to future-proof itself by transforming into a Smart Nation. OpinionThe secret recipe of Singapore’s Budget 2021 plan: Transforming into Smart Nation4 mins read
NewsDeals in brief: Edge Tutor and Techcoop raise funding, Airtree Ventures backs Twine, GCL acquires stake in Nekcom Games, and more
