Robotics cafe startup Ratio nets $10m in series A round led by Frasers Property

Robotics cafe startup Ratio nets $10m in series A round led by Frasers Property

Co-working unicorn JustCo and zVentures, the venture arm of gaming and lifestyle brand Razer, also participated in the fundraise. Read more »

Report: Tesla’s new $25k compact car will be designed and made in China

Zhu said that the new compact car will be the cheapest Tesla available in all markets where it’s sold. Read more »

Report: Tencent exec held by Chinese authorities over corruption allegations

Zhang Feng allegedly turned over WeChat data to a former vice public security minister involved in a case regarding the violation of Communist Party rules Read more »

Relief for TikTok as Biden administration asks judge to put case on hold

The new US government will review the ban on TikTok along with other Trump administration policies taken in relation to China. Read more »

China finalizes new anti-monopoly rules for tech companies

The rules, which clamp down on anti-competitive behavior, are effective immediately.  Read more »
How Douyin created a product that gets 1 billion views a day

How Douyin created a product that gets 1 billion views a day

Douyin’s original head Kelly Zhang explained the initial process of the app’s development in 2018 in this translated and annotated copy of her speech. Read more »

Sources: Kuaishou to open books for $5b IPO in Hong Kong next week

The Tencent-backed video-sharing mobile app filed its preliminary prospectus for the IPO in November 2020. Read more »

Baidu set to announce EV venture with automaker Geely, report says

The announcement may come as soon as next week. Read more »
The (bug) bounty hunters of India

The (bug) bounty hunters of India

The emergence of ethical hacking in India and a primer on SPACs, aka an alternative to IPOs. Read more »
The messy demise of an investment platform

The messy demise of an investment platform

Investment platform CoAssets loaned millions of dollars from investors and is now unable to pay them back, and Jack Ma’s net worth declines sharply following China’s antitrust scrutiny Read more »
Recap 2020: The good, the bad, and the ugly for China’s startups

Recap 2020: The good, the bad, and the ugly for China’s startups

China’s year in review, Lalamove’s US$515 million fundraise, and India’s new unicorn. Read more »
These ecommerce players are crushing it in Vietnam

These ecommerce players are crushing it in Vietnam

The major players in Vietnam’s rising ecommece market, Gojek’s increased stake in Indonesia’s Bank Jago, and China’s plan to impose countermeasures against the US Read more »
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