China’s Digital Economy Triples to 35.8t Yuan: Cyberspace Official
China's digital economy has greatly advanced over the past few years, with its scale growing from 11 trillion yuan ($1.7 trillion) in 2016 to...
Softbank, Others Close to Investing $55-60m in Grofers
Japanese investment conglomerate SoftBank, along with other investors, is close to investing about $55-60 million in Grofers to help the latter build a war...
India Reliance Acquires 96% Stake in Furniture Retailer Urban Ladder
India’s Reliance Industries Ltd said on Sunday it has bought a 96% stake in online furniture retailer Urban Ladder for 1,821.2 million rupees ($24.4...
Investree Receives US$15M from Accial Capital to Provide Loans to Indonesian...
Fintech lending platform Investree announced today that it has received a commitment of US$15 million from US-based Accial Capital to provide loans to small...
Singapore Reveals New Work Pass to Attract Top-Tier Tech Talent
Singapore’s Economic Development Board (EDB) announced on Thursday that it will be launching a new work pass to attract highly-skilled professionals to boost its...
Indonesian Healthtech App Alodokter Banks Additional Funds from MDI Ventures, Launches...
The Indonesian telemedicine app Alodokter announced on Thursday that it raised an undisclosed amount of funding from MDI Ventures, the corporate VC arm of...
FSCA Regulated Brokers in South Africa
The vast world of foreign exchange is truly an exciting market that attracts tons of traders worldwide. Although the market has proven to be...
Deep Dive: Delivery Hero’s Acquisitions in Middle East, North Africa &...
Berlin-based global food (and grocery) delivery giant Delivery Hero is one of the biggest technology companies with local operations all across the Middle East....
GIC Leads $200m Funding in Chinese Edtech Platform Aixuexi
Chinese technology-enabled K12 institute Aixuexi Education Group, announced on Thursday that it has pocketed around $200 million in a Series D2 funding led by...
China Wants Self-Driving Tech in Half of New Cars by 2025
China aims to have vehicles with partial self-driving technology account for 50% of all new-auto sales by 2025, double its previous goal, as the...
Indonesian Gojek Reports Higher Transaction Value in 2020, Says That All...
Indonesian decacorn Gojek on Thursday announced that its annualized gross transaction value (GTV) in 2020 reached USD 12 billion, a 10% increase from last...
Singapore’s Shopee Sets New Record with 200 Million Items Sold on...
Shopee has set a new record on this year’s 11/11 shopping festival with 200 million items sold, the firm announced on Thursday. It is...
