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8×8 acquires Singapore-based cloud communications platform Wavecell for USD 125 million

Wavecell was backed by notable Southeast Asian VCs before the acquisition.

1 min read

The company still has designs for the future of personal transportation in China.
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Down but not out, Didi seeks USD 2 billion in new funding
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Blibli is the first e-commerce platform to offer a standalone video streaming app in Indonesia.
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After Go-Jek, Indonesian e-commerce site Blibli launches its own video streaming platform
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Will they be of good value for money as its smartphones?
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After Alibaba and Pinduoduo, Xiaomi also plans to sell cars
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Meanwhile it finds itself in the crosshairs of billionaire VC and Trump-supporter Peter Thiel in the US.
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Google seeks Chinese merchants for its ecommerce marketplace
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The live-streaming platform raised the largest Chinese US offering of the year.
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Douyu goes public raising USD 775 million in the US IPO
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More and more companies are entering this sector.
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Nio will spin off its recharging business to raise funds independently
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More digital startups are experimenting with insurtech services in Indonesia.
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Go-Jek to offer digital insurance services through Go-Sure
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Live streaming is now still the largest cash-cow.
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Tencent-backed Kuaishou ups its 2019 ad sales revenue target by 50%, putting pressure on Douyin
2 mins read