The penalty comes six months after Luckin acknowledged the fraud and more than a month after Chinese regulators concluded their investigation China’s top commerce watchdog,
Syfe has recorded ten-fold growth in users and assets under management Singapore-based digital wealth management platform Syfe has closed a Series A round of funding
Green Monday Holdings aims to expand its presence in Asia, EMEA and North America over the next six months Hong Kong-headquartered plant-based food producer
Playco has already secured partnerships with major social media platforms Facebook, LINE Messenger, Rakuten Viber, and Snapchat Tokyo-headquartered instant play gaming developer Playco has become
The funding will be channeled towards R&D and brand-building efforts at WM Motor Chinese electric vehicle (EV) maker WM Motor has completed a hefty Series
iCollege’s acquisition of The Hacking School will enable it to introduce its programs to India, and scale The Hacking School’s bootcamps globally India-based coding bootcamp
Over the last 6 months, Moovaz has raised a US$7 million Series A and acquired two companies Singapore-based logistics startup Moovaz has entered into an
Baijiayun’s management and employees increase stakes in the company as well Chinese video technology company Baijiayun has secured RMB178 million (approximately US$26.5 million) in its
Formerly known as InsideSherpa, Forage aims to bolster its market presence and team-building efforts Y Combinator-backed edtech startup InsideSherpa has closed its Series A funding
Atlassian Venture will invest between US$250,000 and $6 million in exchange for equity Sydney, Australia-based tech company Atlassian, which provides team collaboration and development
LabInApp offers virtual simulations to help students learn about science experiments online through its interactive platform Indian edtech decacorn Byju’s has acquired Unitus Ventures-backed
WireBarley claims to offer international remittance services at 80% lower prices than banks South Korean fintech startup WireBarley has secures US$10 million in a Series
Viseo’s acquisition of Cludo was supported by advisory firm Equiteq Australian Salesforce partner Cludo has been acquired by France-headquartered global digital-focused tech company Viseo,
Observe.AI was accepted into the Microsoft for Startups program last year and has raised US$88 million to date U.S.- and India-based startup Observe.AI, which builds artificial
With the latest investment, Internetware’s valuation reached approximately US$918 million Beijing Internetware Limited Corporation, a subsidiary of DC Holdings which provides government and corporate clients
A 25-member team from HPF Films will be joining ShareChat as part of the deal India-based social media platform ShareChat has acquired video production company