Accelerators & Incubators
Policy & Regulation
JD.Com And Netease IPOs Lead Capital Boom in Hong Kong This Year
The Hong Kong Stock Exchange (HKEX) welcomed 64 new stocks and 59 IPOs in the first half of 2020, including those listed on its mainboard and the Growth Enterprise Market, around 20% less than the same period in 2019.
UPI Hits All-Time High with 1.34 Bn Transactions in June
The National Payments Corporation Of India (NPCI) said that the Unified Payments Interface (UPI) recorded 1.34 Bn transactions worth INR 2,61,835 Cr in June 2020.
China’s Cloud Gaming Market Expected to Quadruple in Size by 2022 Amid 5G Push, Report Says
In its 2020 Cloud Game Industry Survey Report, the Beijing-based firm said it expects the country's cloud gaming market to be worth RMB 1 billion (USD 141 million) in 2020 and at least RMB 4 billion by 2022.
India Tops The World In Watching Videos Online
Indians spend five hours and 16 minutes per day on online videos, which is highest in the world.
Huawei Grabs A Quarter of China’s Cloud Management Market in 2019
The steady growth of cloud computing in China allowed the niche sector for cloud system management to grow by 44.2% YoY.
TikTok Joins Paytm, Jio In India’s Top Digital Brands In Comscore Report
Google has emerged as the top multi-platform digital brand in India for March 2020
Rural Surge Pushes Internet Usage Mark Over 500 Mn In India: IAMAI
Out of the total internet users in the country, 433 Mn are aged more than 12.
Top 5 World PC Vendors in Q1
Chinese PC manufacturer Lenovo still topped the global PC market with 12.8 million units shipped. Of the top five, Apple was hit hardest in Q1, as its shipments fell by over 20 percent to 3.2 million units.
China’s Online Education Drive to Boost Demand for PCs, Tablets, 5G and Cloud Services, Says IDC
Livestreams powered by next-generation 5G networks and cloud-based learning platforms are also expected to become more mainstream.
Startups Turn To Layoffs, Pivots And Restructuring As VC Funds Respond Slowly
According to its survey, only 12% of the founders are of the belief that the economy will come back to normal in the next three months, while 24% of the respondents expect it to revive within three to six months.
India: Google Pay Tops Downloads For Digital Payments In February; PhonePe In Second Spot
Flipkart-owned PhonePe recorded more than 6 Mn downloads in February 2020, noting a 39.5% You growth.
Smartphone sales to drop by 5%, Gartner predicts
Smartphone sales are expected to fall by 5 percent across the world compared to previous estimate.
China's central bank: the number of mobile payment services in the fourth quarter of last year increased by 73.56% year-on-year
The central bank released the overall operation of the payment system in the fourth quarter of 2019.
National Bureau of Statistics
China retail sales dive 20.5% in Jan, Feb
Retail sales of consumer goods for January and February in China dropped 20.5% reaching ¥5,213 billion compared to the same time last year.
IDC: 2019 Wearable Market Report: Apple, Xiaomi, and Samsung Top Three
The total shipments of wearable devices in 2019 will reach 336.5 million units.
5G to account for 20 pct of global connections by 2025: report
Operators are expected to invest around 1.1 trillion U.S. dollars worldwide over the next five years in mobile capex, roughly 80 percent of which will be in 5G networks.
New Energy Vehicle
China’s NEV sales plunge almost 80% in February amid coronavirus impact
China’s overall auto sales are predicted to drop by 8% in 2020.
Counterpoint Report: Global Smartphone Market In Q4, 2019
Apple’s market share ranked first with 18%, followed by Samsung, Huawei, Xiaomi and VIVO.
Coronavirus could wipe off $211b from Asia-Pacific economies: S&P
S&P cut its 2020 growth forecast for China to 4.8% from previous estimate of 5.7%.
China’s cybersecurity has improved but risk of financial malware still high, report says
High penetration of digital payments in China makes consumers an attractive target for criminals looking to deploy financial malware.
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