News
Xingsheng raises USD 300 million while broader community group-buying craze wanes
The sector has lost momentum after hitting its peak in 2020, in part due to policies limiting the use of subsidies for user acquisition.
KrASIA Connection curates technology and innovation updates from China.
News
The sector has lost momentum after hitting its peak in 2020, in part due to policies limiting the use of subsidies for user acquisition.