NewsAlibaba Invests $352M in Thailand to Brace for Upcoming Competition with Tencent and JD.comJack Ma will meet Thai PM on Thursday. 1 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
Plus, Go-Jek and Grab are asked to register in Indonesia as transport companies. SoftBank is investing $400 million in Paytm. NewsKrASIA Daily: Alibaba Buys China’s Largest Food Delivery App Ele.me5 mins read
Alibaba and JD could be floated in China’s A-Shares market by issuing China Deposit Recipients (CDR) in as early as June. NewsAlibaba and JD Tap Underwriters for China Stock Market Homecoming1 min read
In the recent two weeks, Alibaba acquired a 45% stake in Pakistan’s Telenor Microfinance Bank and invested $ 2 billion in Lazada. NewsDeals | Alibaba in Rumored Talks to Buy Pakistani Daraz, Expanding E-commerce Reach Across Asia2 mins read
Leveraging on China’s super app WeChat, Pinduoduo is China’s 2nd largest e-commerce app. NewsTaobao Launches Discounts App to Fend off Intimidating Rival Pinduoduo2 mins read
Alibaba’s total investment in Lazada now stands at $4 billion. NewsDeals | Alibaba Adding $2 Billion to Lazada to Speed up Southeast Asia Expansion2 mins read
