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Oyo eyes $1 Bn funding round at staggering $4 Bn valuation

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Hotel chain Oyo is not raising between $300-500 million at a valuation of $2 billion, but the funding amount and valuation seems to have...

China’s game-regulation mess is starting to hurt developers

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The Chinese government has to approve every game that goes on sale in that country, which is a problem considering it hasn’t approved any...

Chinese internet giant Tencent suffers a rare profit drop

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Tencent, Asia’s most valuable tech firm, delivered a surprise drop in profit on account of lower investment gains. The firm recorded strong growth with revenue...

Tencent’s Q2 profit falls due to slower growth in mobile games,...

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(Reuters) – Chinese technology giant Tencent on Wednesday reported a surprise 2 percent fall in second-quarter net profit, lagging analyst estimates, due to slower...

Go-Jek kicks off Southeast Asia expansion with Vietnam launch

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Go-Jek, the Indonesia-based ride-sharing company valued at $5 billion, has begun its ambitious plan to increase its rivalry with Grab by expanding into three...

Alibaba Cloud Will Build Special Teams To Focus On Startups, Online...

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As Tencent looks to enter Indian cloud services, its global challenger Alibaba Group has launched its new distribution channel programme in a bid to...

China’s largest music streaming business is planning a US IPO

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Fresh from Spotify’s unique direct listing in the U.S., another huge streaming service is about to follow suit and go public in America. Tencent Music...

Tencent to spin off its music business and list its shares...

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Chinese internet giant Tencent has announced plans to spin off its online music business and float the unit in the U.S. Tencent, which operates dozens...

11 Indian Startup News Stories That You Don’t Want To Miss...

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We bring to you the latest dope of the Indian startup news stories of the week from the Indian startup ecosystem. Two of the biggest...