NewsAlibaba’s USD 2 billion acquisition of NetEase’s cross-border e-commerce site is off, reports sayNetEase believes Kaola was “undervalued.” 2 mins read
The three-year-old online marketplace GeM allows only government departments to buy products so far. NewsIndian government to take on Amazon and Flipkart with GeM, its own online marketplace2 mins read
However, the lead is tight. Lazada continues to lead in terms of MAU in four of the six surveyed countries. InsightsiPrice report has Shopee down as the most popular shopping platform in Southeast Asia2 mins read
The company has been adding new services to its Prime loyalty program to entrench its Indian business. NewsAmazon gears up for food delivery in India, entering a crowded space3 mins read
The company announced higher revenues and smaller losses at the end of Q2. NewsPinduoduo adds 76.3 million monthly active users in the past quarter2 mins read
In China, 50 billion parcels are delivered annually, causing a mountain of wasted cardboard boxes. NewsAlibaba’s logistics arm Cainiao and China’s 5 major courier services try to put an end to packaging waste2 mins read
If the deal goes through Snapdeal might just get the push it needs to regain the much coveted unicorn status NewsSoftBank in talks to back Snapdeal with USD 100 million in ice thawing move2 mins read
This is the e-commerce platform’s first-ever acquisition. NewsVietnam’s e-commerce platform Tiki acquires online ticketing startup Ticketbox2 mins read
An e-commerce app is still absent in the app factory which has created TikTok and Jinri Toutiao. NewsWith 1.5 billion monthly active users, ByteDance pivots toward e-commerce1 min read
