Hong Kong is tightening its regulation of virtual assets with a new proposed scheme. The move, spearheaded by the Financial Action Task Force, is directed
The Startup India initiative, launched under the leadership of Prime Minister Narendra Modi in January 2016, aims to promote the startup ecosystem in the country.
Early next year, the partnership will launch SEA Point, an accelerator program to help corporates collaborate with startups and SMEs across Southeast Asia. Singapore-based venture
The collaboration between Shopify and TikTok will open up social commerce opportunities for Shopify merchants on TikTok. Social commerce is, for the moment, the favorite
FreshToHome delivers fish and meat across India and the U.A.E. The startup aims to generate sales of US$200 million next year, by leveraging its latest funding to accelerate expansion.
With the latest funding round, Yuanfudao’s valuation has almost doubled since March to reach US$15.5 billion, overtaking Indian edtech company Byju’s as the world’s most
As the developer of digital wealth management platform Aqumon, Magnum Research will funnel the funding towards bolstering its market position in Hong Kong and Asia.
Dingdang Kuaiyao operates a chain of pharmacies and offers doorstep delivery for over-the-counter medicines. Chinese online-to-offline (O2O) drug retailer Dingdang Kuaiyao has completed its second
Tiliter is a retail tech startup that automates the supermarket checkout process. The company is looking to expand further into Europe and U.S. markets with
A brief overview of the 7 most heavily funded startups in the U.S. and Asia-Pacific that shuttered operations this year. The global startup economy, which
Enovate plans to go public next year and its pre-IPO round of financing is already under way Chinese electric vehicle (EV) unicorn Enovate Motors has
Bamboocloud’s current fundraise marks the largest single financing in the Chinese identity management and access control sector. Chinese identity management and access control (IAM) startup Shenzhen Zhuyun Technology, also known as Bamboocloud, has bagged the largest single financing in the Chinese IAM sector, bringing in RMB300 million (approximately US$44.4 million) in its Series C fundraise, according to a WeChat announcement by investor Beijing Kunlun Wanwei yesterday.
Huya’s acquisition of DouYu is a significant development for China’s esports industry Chinese livestreaming platform Huya has acquired rival DouYu in a stock-for-stock merger deal
With the latest capital injection, Huohua’s total funding stands at $440 million, with $280 million raised this year alone Chinese edtech startup Huohua Siwei has
Razorpay’s neobanking offerings and Payments Button have also recently witnessed substantial growth India-based payment fintech Razorpay has raised US$100 million in Series D funding, marking
AC Ventures has secured 70% of the total fund target for its third fund, and has invested in nine Indonesian tech startups already Indonesian early-stage
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