NewsSoftBank’s USD 100 billion Vision Fund to shed 15% of staffInvestments in the likes of Uber and WeWork have plunged in value. 1 min read
KrASIA explores and debunks the various myths of venture capital. VideosVideo | KrASIA Debunks: What is the best way to impress VCs in China?1 min read
The funding is directed at cultivating the financial services sector in the MENASA region. NewsDubai International Financial Center’s Fintech Fund invests in four startups: FlexxPay, Rise, Now Money, and Sarwa2 mins read
Investors are betting on China’s domestic semiconductor industry as Sino-US tensions have led the country to pursue self-reliance for key components. NewsChinese IoT chip developer Eswin scores USD 283 million in investment2 mins read
The firm connects clothes suppliers with vendors on C2C e-commerce platforms, brick-and-mortar stores, and even street vendors. NewsCHINA BRIEF | Clothing e-commerce platform Yishou closes USD 40 million Series C round1 min read
Team8 Capital will invest in seed, Series A, and Series B rounds of funding, expanding on Team8’s model of building new companies from scratch. NewsIsrael’s Team8 launches new venture arm, raises USD 104 million2 mins read
Beijing, which came in as the top city for startups in Asia, climbed from 17th to 6th globally. NewsChina climbs to 14th place in global startup ecosystem as Beijing focuses on tech development, says report3 mins read
The company allows its users to rent vehicles for one week to one year. NewsCHINA BRIEF | Geely’s EV rental platform Xiaolinggou secures USD 96.6 million in Series A1 min read
Orbit aims to invest between USD 200,000 to USD 3 million in Indonesian tech startups. NewsKejora Capital and SBI Holdings launch USD 30 million fund1 min read
NewsDeals in brief: Baskit raises USD 4.4 million, Tencent buys Kaspi.kz stake, six China investments, and more
