Accelerators & Incubators
Policy & Regulation
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.
China’s Weibo Backs Y-Platform in $3.5 Million Round
Y-Platform runs one of the most popular social media accounts in China, depicting the daily lives of foreigners in the country.
Japan’s SoftBank plans to sell $14b in Alibaba shares
SoftBank Group Corp. plans to sell about $14 billion in shares of Chinese e-commerce giant Alibaba Group Holding Ltd.
SG state investor Temasek’s biggest shareholdings fall $23.5b in three months
Temasek Holdings Pte’s biggest equity shareholdings and those of its subsidiaries have plunged almost $24 billion since January as the spreading coronavirus sends markets into spasms.
Alibaba offers AI diagnostic tool of COVID-19 to more countries
The technology has been used in over 260,000 clinical cases in 160 Chinese hospitals
Xiaomi surpasses Huawei as third largest smartphone vendor worldwide
While Samsung and Apple have remained as top two smartphone vendors in the world.
China Mobile will invest 100b yuan in 5G this year
China Mobile, the nation's largest telecom carrier, said on Thursday that it will invest 100 billion yuan ($14.2 billion) into 5G network construction this year.
Thai Life seeks bank pitches for $700m IPO plan
Thai Life Insurance Pcl has requested pitches from banks for an initial public offering that could raise as much as $700 million on the stock exchange of Southeast Asia.
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