NewsSoftBank kicks off Japan’s 5G race with March launchNationwide coverage pushed to 2021 on logistical hurdles. 2 mins read
The function allows hosts to set up a public live voice chatroom. NewsCHINA BRIEF | Douyin starts testing audio live broadcasting feature1 min read
The company plans to raise over USD 1.4 billion for setting up headquarters in Hefei. NewsCHINA BRIEF | Nio announces private placement of USD 235 million convertible notes1 min read
Marketplace platforms have promised to take firm action against irresponsible sellers. NewsIndonesian e-commerce platforms battle price surges over coronavirus fears3 mins read
The total coronavirus cases have shot up to 29, spooking the masses in India. NewsIndian tech companies adopt measures to prevent coronavirus amidst mounting cases3 mins read
Other participants of this round include Tencent, Hillhouse Capital, and Sequoia Capital. NewsSoftBank becomes largest backer of Beike in USD 2.4 billion Series D+ round2 mins read
The company’s China business has been cut by 80% compared with 2019. NewsCHINA BRIEF | Airbnb may postpone its IPO to 2021 as coronavirus outbreak stems travel1 min read
Xpeng says Gu’s resignation will not impact the company’s self-driving business. NewsCHINA BRIEF | Vice president of Xpeng’s autonomous driving division Gu Junli steps down1 min read
In China, which has been severely impacted by the coronavirus outbreak, Oyo plans to let go of 50% of its 6,000 direct full-time employees. NewsSoftBank-backed Oyo to let go over 5,000 employees globally3 mins read
