Consumer Economy

It’s a market full of potential and any form of investment must be seen as long-term. Investing now rather than later is critical so as to have a foot (or a toe) in a market which is expected to be th

The Alibaba-Tencent battle continues.

Tencent will buy up to USD50 million worth of the notes.

About a month ago, Carousell announced a USD85- million Series C round led by Rakuten Ventures and EDBI.

Alibaba has made a strategic investment in Babytree.

Little Red Book recently raises $300 million as it looks to open its first Shanghai offline store in June.

Could be grooming up for a purchase.

The financing will be used to hone its technologies, bring in more merchants, and expand its product categories