Consumer Economy

“The internet industry is not a place outside the anti-monopoly law,” said the State Administration for Market Regulation.

The group-buying sector is also increasingly facing headwinds from suppliers.

GudangAda’s platform is replacing door-to-door cold calls by salespeople.

Asia has been at higher risk of data breaches, compared to other regions, and organizations here need longer to detect intrusions.

Pioneers included in the 36 Under 36 list have paved the way towards new ways of serving consumers and helping workers

The fresh investment would value ByteDance at USD 180 billion.

Alibaba is reportedly planning to inject USD 3 billion into Grab, which would make it its largest venture in Southeast Asia.

Buka Investasi Bersama will launch four new products and has a target to serve 500,000 mutual funds investors on its platform in 2021.