NewsDeals | Alibaba Adding $2 Billion to Lazada to Speed up Southeast Asia ExpansionAlibaba’s total investment in Lazada now stands at $4 billion. 2 mins read
Plus, WeChat Pay will be available to pay for ComfortDelGro Taxis. Amazon Japan had been raided by regulators. NewsKrASIA Daily: Alibaba to Relist in China This Summer5 mins read
The deal marks the biggest investment in China’s bike-sharing startups to date. NewsDeals | Alibaba Leads Ofo’s $866 Million Round, Upping Competition with Tencent-backed Rival Mobike1 min read
Ele.me is the missing piece in Alibaba’s last-mile delivery network which is critical to the company’s new retail concept. InsightsAlibaba Just Ordered a Takeout for its New Retail Future5 mins read
Alibaba is rumored to pump in US$ 9.5 billion to fully acquire food delivery startup Ele.me. NewsDeals | Alibaba Rumored to Fully Acquire Eleme, Upping Competition with Tencent-backed Meituan-Dianping (Updated)2 mins read
Plus, East Ventures is planning a USD100 million fund. Apple is preparing to release a trio of new smartphones later this year. NewsKrASIA Daily: Buying out Baidu, Alibaba Rumoured to Acquire Top Food Delivery Startup Ele.me6 mins read
Do technology powerhouses enjoy special edge compared to their brick-and-mortar counterparts in the battle for new retail? NewsPhysical Stores still Wary of Alibaba and Tencent’s New Retailing Olive Branches2 mins read
Alibaba’s seized the day to take market share in India and archrival Tencent also eyes to expand its reach in the country. NewsDeals | Alibaba’s Indian Rodeo at Lightening Speed3 mins read
Plus, ComfortDelGro is expanding its footprint in the United Kingdom through the acquisition of a bus and coach operator in South Wales. Uber agreed to give Waymo about $245 million to cut short a traNewsKrAsia Daily: Alibaba Buys 15% Stake in China’s 2nd Largest Home-Improvement Store Easyhome4 mins read
NewsDeals in brief: Podium nets Series A1 funding, Gyges Labs backed to redefine wearables, xAI raises USD 5 billion, and more