December 28th, 2018
Chinese smartphone maker Oppo has planned to invest 1 billion yuan ($145.7 million) to encourage mobile app developers to create gaming, video and other forms of quality content.
The move has arrived after Oppo has accumulated 250 million monthly active users of its smartphones in the world. Every month, more than 200 million users...
December 27th, 2018
Ather Energy is reportedly planning to raise an amount of Rs 200 crore - Rs 300 crore over the next year to expand to new markets and further its product development plans.
Ather Energy had launched two scooters, Ather 450 and Ather 340, in June this year and had begun deliveries of Ather 450 in Bengaluru in...
December 26th, 2018
Weibo Corp, a leading social media platform, is investing 2 billion yuan ($290 million) to support content-driven e-commerce, multichannel networks, online celebrities, actors, entertainers and agencies in the next two years, as it attempts to better cater to the tech-savvy younger generation.
"By September this year, China had...
December 24th, 2018
China's top economic planner has pledged to strengthen the advanced manufacturing sector and foster a stronger domestic market amid efforts to stabilize economic growth.
He Lifeng, head of the National Development and Reform Commission, said China will narrow the gap in major technical equipment capabilities to tap into the huge...
December 22nd, 2018
SoftBank Group is in advanced talks to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia's biggest ride-hailing firm looks to expand, a person with knowledge of the matter said. Six-year old cab aggregator Grab has so far raised over $6.5 billion, led by SoftBank, Chinese ride-hailing firm...
