Asia
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Trends
Xiaomi launches Mi Commerce in India to boost sales amid lockdown
Xiaomi today launched a new e-commerce service in India that allows people in the nation to easily browse and order…
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Trends
Streaming service Hooq shuts down, ends partnership with Disney’s Hotstar, Grab and others
Hooq, a five-year-old on-demand video streaming service that aimed to become “Netflix for Southeast Asia,” has shut down weeks after…
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Business
Has Coronavirus Affected Reliance Industry So Much That Mukesh Ambani Will Cut 15-20% In Employees Salary? Can’t Asia’s Richest Person Sustain His Employees For A Month?
Mukesh Ambani, the business giant in the country and head of Reliance Industries, is not left untouched by the impact…
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Trends
Samsung expects COVID-19 to hurt smartphone and TV sales, but increase demand for memory
In its first-quarter earnings report today, Samsung said it expects the COVID-19 pandemic to continue impacting its business for the…
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STARTUPS
Qoala raises $13.5M to grow its insurance platform in Indonesia
Online lending firms might be beginning to feel the heat of the coronavirus pandemic in Southeast Asia, but investors’ faith…
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STARTUPS
Oriente raises $50 million to continue building its infrastructure for digital financial services
Oriente, a Hong Kong-based startup that develops tech infrastructure for digital credit and other online financial services, has raised $50…
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STARTUPS
Vietnamese online pharmaceutical marketplace BuyMed raises $2.5 million
BuyMed, a Vietnamese startup that wants to fix Southeast Asia’s complex pharmaceutical distribution networks, announced today it has raised $2.5…
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