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https://techcrunch.com/2020/09/17/tiktoks-chinese-rival-kuaishou-becomes-a-popular-online-bazaar/  

https://www.techinasia.com/tiktoks-rival-kuaishou-aims-raise-5b-hk-ipo

https://techcrunch.com/2020/09/21/wm-motor-1-47-billion-funding/

https://e27.co/kim-an-raises-series-a-to-connect-vietnams-financial-institutions-with-msmes-via-its-fintech-platform-20200911/ 

Asia's digital economy is developing rapidly, and at a faster pace than the West. Why is this so?  1. Asia's scale a digital advantage: Asia has around half of the global internet users, with China and India leading the way.  2. Emergence of Unicron innovators - Asia has around 40% of the global tech unicorns who are actively driving innovation. 3. Role of the government, in some cases, governments have remained on the sidelines, creating space for startups to experiment. In other cases, governments have taken an active role in promoting innovation eg Singapore. 4. In some emerging economies in the region, there is less legacy infrastructure standing in the way, enabling innovators to bring advanced solutions right to the public at speed. 5. Consumers’ openness to new technologies and the mobile Internet. 6. In many countries fundamental infrastructure is broken, and founders can leverage technology to fill those gaps. What does this all mean for investors and the wider global economy?