The challenge is great, but the market also has great potential as there is not yet a dominant player. OpinionCan WeChat Pay and Alipay replicate their successes in Southeast Asia?6 mins read
Plus, Uber is responsible for the deadly accident. Monk’s Hill Ventures is raising a second fund. NewsKrASIA Daily: Alibaba buys Pakistani e-commerce platform Daraz to expand in South Asia3 mins read
Alibaba has invested in 6 Chinese chip companies. NewsAlibaba acquires Chinese chip maker to lower dependence on outside suppliers1 min read
Alibaba’s archrival JD is also eyeing new opportunities in rural e-commerce. NewsAlibaba Investing in China Rural Ecommerce as Urban Growth Plateaus1 min read
Jack Ma will meet Thai PM on Thursday. NewsAlibaba Invests $352M in Thailand to Brace for Upcoming Competition with Tencent and JD.com1 min read
Both Tencent and Baidu have previously tested their self-driving cars. NewsAlibaba Joins Self-driving Festival, Confirming Road Tests1 min read
Plus, The Philippines criticized Facebook’s fact-checker. Ola mulls to roll out a million EVs by 2021. NewsKrASIA Daily: Alibaba Joins China’s Autonomous Vehicle Competition, Confirming Road Tests4 mins read
Ele.me is valued at $9.5 billion. NewsDeals | Alibaba Takes over Food Tech Startup Ele.me to Complement New Retail Strategy2 mins read