Technology
In 50 Words: Cainiao launches express delivery service, competes with JD.com
Cainiao's new express delivery service promises compensation for late or damaged deliveries...>>> Read full article>>> Copyright for syndicated content belongs...
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Slow and steady wins the race for this SG data startup
We highlight the story of Meiro, the startup whose main focus isn’t profitability, and look at Spenmo’s new CEO...>>> Read...
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Carl Pei’s Nothing closes $96m in funding ahead of Phone (2) launch
With this latest round of funding, the consumer tech firm has raised a total of US$252.9 million in funding to...
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In 50 Words: Tiger Global rejects low bids, aims for cash through startup stakes
Despite fading IPO opportunities, the company's venture funds allow flexibility over when to sell. Tiger...>>> Read full article>>> Copyright for...
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In 50 Words: Qingtian Truck to close after co-founder’s exit, settled lawsuit
Chinese autonomous truck startup Qingtian Truck was founded by former Pony.ai engineers...>>> Read full article>>> Copyright for syndicated content belongs...
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BYD and ATL Automotive Group forge partnership to drive EV adoption in Caribbean region
On June 26, BYD, a leading Chinese electric vehicle manufacturer, announced a strategic partnership with ATL Automotive Group to jointly...
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China’s EV sales to exceed 8 million units by end of 2023
According to market research firm Counterpoint, sales of passenger electric vehicles (EVs) in China saw a remarkable year-on-year increase of...
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Tencent to launch Chinese version of Valorant game on July 12
Tencent has announced that a Chinese version of shooter game Valorant is set to be released in China on July...
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Increased electricity tariff will not impact startups as hard as it will their employees, experts say
From July 1, 2023, electricity distribution companies (DisCos) in Nigeria will increase electricity tariffs by over 40%, due to high...
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Smile Identity lays off eight employees as it increases its ‘focus on profitability’
Smile Identity, a KYC compliance and ID verification startup, has laid off eight employees in what it says is a...
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