Online shoppers from tier 2 and smaller cities make up nearly half of all the e-commerce user base in the country.
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China has prioritized the development of computing chip technology to cut reliance on foreign imports, leading to a wave of local semiconductor startups.
China has become an influencer economy with almost all online consumers buying products based on recommendations by their idols.
Launched in September 2019, Gojek Xcelerate counts 35 startups from Indonesia and the Asia Pacific region as alums.
Fabelio targets to raise a total of USD 15 million of fresh capital by the end of 2020.
STAR Market wrestles chipmaker SMIC away from NY listing.
Multiple investors rated Tencent as “buy” or “overweight” following a robust global gaming performance in May.
Founded in 2014, KiotViet has digitized 100,000 Vietnamese small and medium enterprises so far.
The company’s business model, for now, is to charge a monthly fee from developers and agents using its platform.
With its 388-million-strong subscriber network, Jio has the potential to create multiple revenue streams, the reason why investors are flocking to it.