NewsSuning.com founder gives up control after selling to Shenzhen-based state-owned firmsSuning generated RMB 3.9 billion in net losses in the past year. 2 mins read
Internet companies have become role models in the battle against extreme levels of hardship. NewsAlibaba, Pinduoduo, Didi’s Cheng Wei win glory as President Xi declares victory over poverty2 mins read
The coffee brand is pushing digitization and themed stores. NewsTim Hortons bags new capital from Sequoia and Tencent for China expansion2 mins read
Currently, the firm runs a fleet of more than 70,000 drivers and 200,000 merchants, serving 2 million customers across five major cities in Vietnam. NewsVietnamese startup Loship pushes expansion plans with fresh Series C funding3 mins read
Bizzy Digital will handle partner acquisition relying on its established network. NewsIndonesian micro-retail app Warung Pintar acquires Bizzy Digital1 min read
ByteDance has increasingly threatened e-commerce platforms such as Alibaba, JD.com, and Pinduoduo as shoppers crave interactive video content and livestreaming. NewsAlibaba denies that Lazada CEO in Thailand will join ByteDance’s e-commerce unit2 mins read
Tencent’s WeBank also joins the six state-owned banks in the pilot. NewsChina enlists Ant-backed MYbank in expanding digital yuan trial1 min read
Niki, an AI-enabled household manager for small town consumers, helps users order groceries as well as pay utility bills. InsightsThis voice assistant runs errands for semi-rural users in India | Tales from India’s Towns4 mins read
After teaming up with JD.com and Pinduoduo, Gome plans to take on market leader Suning. NewsChina’s former richest man is planning a comeback following jail time3 mins read
