NewsDeals | Alibaba Takes over Food Tech Startup Ele.me to Complement New Retail StrategyEle.me is valued at $9.5 billion. 2 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
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
