Consumer Economy

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Deals | Redpoint China Ventures leads investment in secondhand fashion retailer ZhiEr

ZhiEr raised two rounds of financing worth tens of millions of dollars.

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SoftBank mulls over decision to invest further into Paytm Mall.
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Japanese internet giant SoftBank considers huge investments into Paytm Mall
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SoftBank Ventures Korea co-led the round.
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Singapore’s Carro raised $60m in growth and expansion push
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Singapore’s Carousell receives much-needed ammunition to take on its competitors.
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Singapore-based Carousell garnered $85m Series C funding support amidst growing regional competition
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Alibaba powers on via new retail and international expansions.
Insights
Alibaba’s quarterly revenue grew by 61%; New retail and international expansions to drive bold forecast for 2019
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JD.com bravely fights on as share price fell 4% after the financial release.
Insights
Is JD.com bleeding too fast in its new retail war with Alibaba?
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Stunning growth in food and beverage delivery services opens more opportunities for app-related services.
Insights
China’s burgeoning food delivery drives growth of lifestyle ecommerce sector
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Plus, Uber is responsible for the deadly accident. Monk’s Hill Ventures is raising a second fund.
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KrASIA Daily: Alibaba buys Pakistani e-commerce platform Daraz to expand in South Asia
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Both want to rule the Indian e-commerce market, who will win?
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Amazon tries to woo Flipkart away from Walmart deal
1 min read