Reliance Retail has acquired a majority stake in furniture and decor platform Urban Ladder, making a broader push into e-commerce as the largest retail chain in India gears up to […]
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Back to news homeThe U.S. government sends mixed messages about TikTok’s future
The fate of TikTok in the United States got even more confusing this week. The U.S. Justice and Commerce Departments sent conflicting messages today about TikTok’s future, which is now […]
ByteDance asks federal appeals court to vacate U.S. order forcing it to sell TikTok
In a new filing, TikTok’s parent company ByteDance asked the federal appeals court to vacate the United States government order forcing it to sell the app’s American operations. President Donald […]
Hong Kong insurtech startup Coherent gets $14 million Series A led by Cathay Innovation
Based in Hong Kong, Coherent helps insurance providers go digital. With their services more relevant than ever during the COVID-19 pandemic, the startup announced it has raised $14 million in […]
Despite global headwinds, Chinese hardware startups remain to take on the world
Bill Zhang lowered himself into lunges on a squishy mat as he explained to me the benefits of the full-body training suit he was wearing. We were in his small, […]
The race to be China’s top fintech platform: Ant vs Tencent
As Ant Group seizes the world’s attention with its record initial public offering, which was abruptly called off by Beijing, investors and analysts are revisiting the fintech interests of Tencent, […]
PUBG Mobile plots return to India following ban
PUBG Mobile, the sleeper hit title that was banned in India two months ago over cybersecurity concerns, is plotting to make a return in the world’s second largest internet market, […]
China’s cash-burning video sector: how Kuaishou lost $1B in 6 months
Rumors have been floating for months that ByteDance is going public with TikTok and Douyin separately. Just last night, Bloomberg reported that ByteDance is seeking a pre-IPO round of $2 […]
Indonesian logistics platform Logisly raises $6 million Series A to digitize truck shipments
Indonesia’s logistics industry is very fragmented, with several large providers operating alongside thousands of smaller companies. This means shippers often have to work with a variety of carriers, driving up […]
Tencent claims record 100M daily users on mobile game Honor of Kings
At its five-year anniversary gala graced by celebrities, esports stars and orchestras, Tencent’s mobile game Honor of Kings said it has crossed 100 million daily active users. The title has […]