China’s augmented reality startup Nreal is on a roll. The company, which hopes to bring AR to the masses by making bright-color, lightweight smart glasses, has just received $60 million in […]
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Back to news homeIndia to ban over 50 more China-linked apps
India plans to ban an additional 50 apps — including Tencent’s Xriver and NetEase’s Onmyoji Arena — with links to China, the latest in a series of similar moves over […]
PUBG Mobile maker Krafton sues Apple, Google and rival game developer Garena over clones
Krafton, the developer behind PlayUnknown’s Battlegrounds,” and the maker of PUBG MOBILE, last year’s No. 6 top-grossing mobile game on a global basis, is suing the app stores and a […]
India’s Cars24, a used-vehicle sales platform, raises $400M, now at a $3.3B valuation, to double down on growth
With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Today, one of the startups that’s seeing a lot […]
Alibaba’s Southeast Asia arm Lazada hits 130M annual consumers
Alibaba has always aspired to bring its e-commerce service to customers outside China. Its strategy is multi-thronged. The giant’s house-developed AliExpress has found success in Russia in recent years. In […]
Reddit files confidentially to go public
In August, Reddit raked in a hefty $410 million financing led by Fidelity, valuing it at $10 billion. It had plans to close out the round, a Series F, at […]
Robotics startup FJDynamics raises $70M to make manual labor easier
FJDynamics, founded by DJI’s former chief scientist Wu Di, just closed a Series B round of $70 million as it advances its goal to empower workers in the harshest environment […]
Chinese EV startup Nio’s journey to the West
Nio, a Chinese electric vehicle startup listed on the NYSE, will be in at least six European markets by 2022. The firm shared its ambitions for Europe on its earnings […]
Apple Music expands Chinese music reservoir via Tencent deal
Apple Music users around the world will soon have access to more Chinese musicians. Tencent Music Entertainment, the online music subsidiary of Tencent, said Tuesday that “record labels and artists” […]
Tencent’s foray into chips isn’t at all surprising
Tencent unveiled its progress in chips for the first time this week, which immediately gave its stock price a modest boost. Silicon seems distant from the giant’s main arenas of […]