China
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Trends
FedEx sues the Department of Commerce after incident involving misrouted Huawei packages
FedEx is suing the United States Department of Commerce, claiming that it has been “essentially deputize[d]” to enforce its trade…
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JD.com’s logistics arm raises a $218 million investment fund
The logistics division of JD.com, Alibaba’s closest e-commerce competitor in China, has raised 1.5 billion yuan (about $218 million) to…
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Carrefour sale shifts the balance of power in China’s new retail battle
Hot on the heels of Amazon’s decision to shutter its local marketplace, Carrefour — another global commerce giant — is…
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California has let two Chinese startups offer robotaxis to the public
China’s driverless cars are coming for passengers in the United States. AutoX and Pony.ai just became the first Chinese companies…
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China’s housing unicorn Danke appoints ex-Baidu exec as new COO
A few months after nabbing a handsome $500 million funding round, China’s shared housing startup Danke Apartment got a talent…
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Trends
India orders Uber and rival Ola to electrify 40% of fleets by 2026
India is doubling down on its push to replace gasoline and diesel vehicles on its streets with environmentally friendly electric…
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Trends
Pratilipi, a ‘YouTube for writers’ storytelling platform in India, raises $15 million
Pratilipi, an app that is uniting writers in India and encouraging others to try their hand at storytelling, has just…
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This entrepreneur is donating unwanted bike-sharing cycles to underprivileged students in Myanmar
What is the world to do with the graveyards of dockless bicycles left over after China’s bike sharing startups retreated…
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