China

Lalamove on-demand logistics platform

On-demand logistics platform Lalamove raises $515M Series E for China expansion

On-demand logistics company Lalamove has raised $515 million in Series E funding, as announced on its website (the company is known as Huolala in China). This round was led by Sequoia Capital China Fund, with participation from Hillhouse Capital and Shunwei Capital--all returning investors.

CIC announces its Digital Silk Road initiative to help boost commercial activity during the pandemic

Commodities Intelligence Centre (CIC) launches its Digital Silk Road Initiative in an effort to support Singaporean businesses amid the downturn brought about by the COVID-19 pandemic

SWITCH 2020 recap: Mobility insights in China – Is China’s EV industry thriving or diving?

Chinese carmakers have long sought to expand overseas amid Beijing’s ambition to build a world-class auto industry, and the baton has now been passed to young Electric Vehicle makers. Are they well-positioned to sustain high growth rates into the future, and can they prove viability in the market?

China’s iQiyi ramps up Southeast Asia expansion

Netflix battle means better localization needed, it says.