Armed with RMB 300m funding, Reworld wants to make it easier for China's amateur game creators to shine

Using Reworld’s very own interactive physics engine, even rookie developers can turn their creative ideas into 3D games within two days

• China
• 5 min read

China reverses ban on street vendors to boost economy, sparking new demand for digital solutions

Alibaba, Tencent, Meituan and other tech giants give roadside vendors digital makeover, so they can compete with fast-food chains like McDonald’s, KFC and Pizza Hut

• China
• 5 min read

Cakap offers free English language lessons to help creatives, tourism workers during Covid-19 downturn

The edtech startup formerly named Squiline hopes greater fluency in English can boost Indonesia's creative and tourism sectors

• Indonesia
• 4 min read

Wallbox’s bumper funding boosts Spain’s EV charging sector

Wallbox’s generic EV charging systems are sold in 40 countries, including the US and China; attracting major backers like Seaya Ventures, Spanish utility Iberdrola and US VC Endeavor

• Spain
• 9 min read

Keep: Social fitness app bags $80m Series E as Covid-19 lockdown fuels demand for virtual gyms

Keep becomes China’s first sports tech unicorn as number of fitness app users in the country almost doubled to 89m amid home confinement and gym closures

• China
• 5 min read

SingularCover: Spanish SME insurance sector disruptor is Virtual South Summit winner

AI-honed personalization is proving successful in the underserved SME insurtech vertical  

• Spain
• 5 min read

WeKiddo: Enabling study from home and online national exams during Covid-19

By using mobile phone apps to connect parents, students and schools in real time, WeKiddo aims to support the masses who cannot afford computers and laptops 

• Indonesia
• 7 min read

Portugal pumps up to €60m into new initiatives to avert backslide in startup ecosystem

Government funding to ensure the strategically important and social impact startups don't fail, post-Covid 

• Portugal
• 7 min read

UPDATE: Indonesian mPOS startup Cashlez raises IDR 85bn from IPO in May

Cashlez is the first fintech company to list on the Indonesia Stock Exchange; will spend over 60% of proceeds to acquire payments company in toll road market

• Indonesia
• 5 min read

Some Chinese startups spot new market opportunities amid Covid-19 gloom

Crises create opportunities for startups to pivot and innovate, as Covid-19 is showing

• China
• 5 min read

Game developer Digital Happiness promotes Indonesia with its ghosts and ghouls

The Indonesian studio behind the popular horror game, DreadOut, recently released a sequel after its first game saw 2.5m downloads worldwide and raked in $7.5m, and was even made into a movie

• Indonesia
• 6 min read

HR SaaS Factorial bags €15m Series A in Spain's largest round so far this year, despite Covid-19 downturn

Calling Factorial “the Zendesk of HR," Silicon Valley heavyweight CRV led the round, in its first-ever investment in Spain

• Spain
• 3 min read

Pony.ai repurposes its robotaxi fleet for last-mile delivery amid the Covid-19 pandemic

Pony.ai is seeking more ways to commercialize its versatile autonomous driving technology, transforming mobility and logistics

• China
• 4 min read

Tokopedia gets hacked, 91m customer records for sale on the dark web

Tokopedia is investigating the breach, and users should change their passwords as soon as possible

• Indonesia
• 3 min read

F&B supplier STOQO collapses, a casualty of Covid-19 restaurant closures in Indonesia

A once promising startup, STOQO's woes reflect the challenges faced by the local F&B industry, which is finding new ways to stay afloat

• Indonesia
• 2 min read