Opinion

GL Ventures leads $15.7 million Series A funding in CurrentCAD

CurrentCAD, an online collaborative CAD platform, announced that it has completed a Series A round of financing with nearly 100 million yuan ($15.67 million).
Data
Oct 28, 8:28 am

The user growth logic of Facebook in the early days

The word "growth" has become very popular in recent years, which shows the anxiety of many entrepreneurs about traffic in the stock market. In fact, the concept of growth has not changed. Under the pressure of the situation, we have begun to explore whether there is a formed methodology, trying to find a "shortcut" to growth.
Startup story
Oct 27, 9:10 am

<Business Innovation Daily> Tesla CEO Musk became the richest person in Forbes' statistical history

Forbes magazine reported that Tesla CEO Elon Musk's wealth jumped Friday to $270 billion, making him the richest person in the magazine's history.
Oct 27, 6:25 am

Xpeng's flying car, is it a capital game or a future trend?

Electrically driven urban air-enabled multi-dimensional transport will be an integral part of the future mobility ecosystem. Xpeng is exploring this area in the course of its development of fully integrated and comprehensive mobility solutions for tomorrow’s cities.
Startup story
Oct 26, 9:10 am

<Business Innovation Daily> Apple updates App Store rules that allow developers to contact users to discuss payment methods

Developers will now be able to contact consumers directly to discuss alternative payment methods without having to pay Apple a 15% or 30% commission.
Oct 26, 6:55 am

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Features

Meituan faces second antitrust fine: what does this mean?

Recently, the State Administration for Market Regulation (SAMR) issued an administrative penalty decision against Meituan with an amount of 3.4 billion yuan ($528 million),which orders Meituan to stop its illegal behavior and fully return 1.29 billion yuan to merchants on its platforms.

Oct 12, 9:27 am

How SEA tech giants solved the "cold start" problem

The Cold Start Problem – also known as the "chicken and egg" problem – describes a paradox found in two-sided business models. In this post, we'll look at how tech companies in SEA solved their cold start problem, successfully navigating the supply and demand paradox to become household names in the region.

Sep 27, 7:09 am

Meet with HoloBase product manager: How to get the first 1000 users?

Although over 20,000 users have traveled with HoloBase today, the product had a tough time getting its first one thousand users, and Amal shared with us how the team's psychology, goals, and product design changed as the product gained more users.

Sep 22, 8:29 am

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News

Reuters

In wealthy Singapore, where new vehicle registration is tightly controlled to manage the city state's traffic and pollution, Tesla Inc is having a moment: surging sales are gobbling up rivals' market share.

SCMP

The southern Chinese tech hub of Shenzhen, known as the country’s answer to Silicon Valley, has drafted a plan to cultivate more “unicorn” companies and help them achieve public listings, as the city jostles with Beijing, Shanghai and Hangzhou as China’s top base for highly valued tech start-ups.

Reuters

China's Ministry of Industry and Information Technology (MIIT), a major industry regulator, has called on e-commerce sites to curb text-message marketing ahead of the country's annual Nov. 11 Singles' Day shopping festival.

China Daily

Honor Device Co Ltd is bringing its first global phone to market after gaining independence from Huawei Technologies Co. The phone, the Honor 50, will be available for consumers in more than 40 markets, including Malaysia, the United Kingdom, France, Germany, Italy, Spain, Czech Republic, Finland, Russia and Saudi Arabia.

KrASIA

Tencent Cloud has formed a strategic partnership with a fintech software developer to provide cloud solutions to major banks in China. The move will put Tencent Cloud in direct competition against Alibaba Cloud, which claims 18% market share in the financial cloud computing sector, at a time when regulations that govern the private fintech sector are becoming more stringent.

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