Accelerators & Incubators
Policy & Regulation
Softbank Is Said to Consider Bid for China's Tiktok in India
TikTok is considering selling its operations in several countries after local governments shut out the app, citing fears that sensitive user data was passing into the hands of the Chinese state.
Indian National Payments Corp to Take UPI, Rupay Global Through New Subsidiary
NIPL has been tasked with exporting NPCI’s indigenously developed offerings and technological acumen to foreign markets.
After Reliance Jio & Amazon, Indian Flipkart Turns Focus to Online Medicine Delivery
Flipkart is also open to any investment opportunity in PharmEasy, but the details for the same have not been finalised yet.
Indian Amazon Outpaces Flipkart as Online Sales Revive Smartphone Demand in Q2
Amazon surpassed Flipkart with a share of 47% in all online sales, while Flipkart had a 42% share.
Forbes’ Top Chinese Ceos List Includes Names from Alibaba, Tencent And Meituan Among The Top Five
The list also signifies Shenzhen’s position as a leading business center for China.
In a First, China Has More Companies on Fortune Global 500 List Than The US
Three SOEs – Sinopec Group, China National Petroleum and State Grid – were among the top five companies this year.
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.
Tiger Global acquires stake in Bytedance through secondary transactions
ByteDance has emerged as the world’s most valuable startup on the explosive popularity of its short video entertainment app TikTok.
Microsoft to sell AnyVision stake
Although no evidence was found that AnyVision's facial recognition technology is used for mass surveillance in the West Bank, Microsoft will divest from the Israeli startup.
Google Commits $800 Mn Covid-19 Fund To Support SMBs, Healthcare
The tech giant is offering $340 Mn as Google Ads credits to SMBs
Chinese tech giants Tencent, Huawei team up to develop mobile cloud gaming platform, explore AR and VR in games
Cloud gaming is one of the hottest areas in the industry, allowing players to stream games just like they would a movie.
Huawei unveils its latest smartphone series
The move came as Huawei is working to maintain the growth momentum of its smartphone business, despite the US government's restrictions and the COVID-19 outbreak.
Chinese AI Chip Unicorn Cambricon Goes Public on Shanghai Tech Board
The company's operating income in 2019 hit CNY 443.94 million (USD 62.76 million), up 279.35% from the previous year.
5G operators gear up investment with 200b budget
China's three major telecommunications companies are all betting big on 5G and gearing up for their infrastructure construction.
Airtel To Team Up With Jio, Vodafone Idea To Fight Network Issues
The partnership of telecoms can be facilitated through intra-circle roaming agreements.
Xiaomi to issue over USD 1 billion in bonds amid worldwide smartphone slump
Worldwide smartphone shipments in Q2 are predicted to plunge by 26% year-on-year.
Tencent Sets Up US$100 Million Global Anti-Pandemic Fund to Support Fight Against COVID-19
The Fund will initially focus on the sourcing and donation of medical supplies.
Kenya’s KCB Bank Earmarks Over USD 284 Mn For Mobile Loans As Relief For The COVID-19 Pandemic
The bank says the funds will be available via its mobile lending platform, KCB M-PESA, a service operated in collaboration with Safaricom.
Invest India Launches Platform To Meet Medical Supplies Demand For Covid-19
The Business Immunity Platform was launched on March 21, 2020.
So-Young Reports Fourth Quarter 2019 Unaudited Financial Results
Total revenues were RMB358.2 million (US$51.4 million), a 95.7% increase from the same period of 2018 and exceeding the high-end of the Company's previous guidance of RMB340 million.
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