NewsDouyin to integrate food delivery function into livestreamsByteDance is attempting to eat into Meituan and Ele.me’s business. 1 min read
Changes in Tencent Music Entertainment’s business offer an opening for ByteDance to step into music streaming. NewsByteDance to launch music streaming app for Chinese listeners2 mins read
With deeper balance sheets, banks have the resources to develop BNPL products but that doesn’t guarantee replication of fintech innovation. NewsAs ‘buy now, pay later’ gains traction in Indonesia, banks are after a piece of the action3 mins read
Company founded by Ant Group veterans raises USD 138 million to expand reach. NewsChinese trade services startup XTransfer reaches unicorn status3 mins read
The company provides a single, integrated solution that allows small businesses to quickly transfer and receive payments. NewsIsraeli fintech startup Melio raises USD 250 million, tripling valuation to USD 4 billion2 mins read
Unifonic offers SMS, voice, and WhatsApp communication services to large enterprises in emerging markets. NewsSaudi customer engagement platform Unifonic raises USD 125 million from SoftBank, others2 mins read
Autonomous commercial service is becoming a common contactless delivery option in China. NewsSoftBank leads USD 200 million round for Keenon Robotics2 mins read
Apna has emerged as the fastest Indian startup to turn into a unicorn—in just 21 months—while MPL is the second gaming unicorn in the country. NewsIndia’s unicorn boom carries on as both Apna and MPL enter the echelon in same day4 mins read
As crypto becomes an increasingly popular investment vehicle around the world, demand for freshly minted coins is higher than ever. NewsCrypto mining rig maker Canaan reports record-high profits2 mins read