NewsAlibaba expected to fly above Ant turmoil with strong growthStrong China retail sales buffer group against fintech affiliate’s IPO turmoil. 3 mins read
Mech Mocha is backed by top tier investors including Accel Partners, Blume Ventures, Shunwei Capital, and AET Fund. NewsFlipkart acquires gaming startup Mech Mocha to expand customer base2 mins read
Alibaba co-founder Jack Ma is in possession of 34% of Ant Group’s shares. NewsKEY STAT | Jack Ma’s wealth shrinks USD 3 billion as Ant’s IPO is suspended1 min read
The e-commerce firm will leverage Microsoft’s expertise in building a resilient cloud infrastructure to support Bukalapak’s services for more than 100 million customers. NewsMicrosoft invests in Indonesian e-commerce unicorn Bukalapak1 min read
Alibaba joins JD.com and Tencent to become an investor in the London-based company. NewsKEY STAT | Alibaba to invest USD 300 million in luxury retailer Farfetch1 min read
SN and JD.com’s JDG had an “e-retailer derby” in the League of Legends tournament. NewsSuning’s SN lost at LoL Worlds finals but keeps strong in ‘Double 11’ e-commerce competition2 mins read
Yatsen has witnessed its sales increase 363.7% year-on-year or roughly 30 times the growth rate of the broader China beauty industry. NewsPerfect Diary owner files for US IPO to expand in world’s fastest-growing beauty market2 mins read
Tencent, which has backed Kuaishou since 2017, will be a cornerstone investor in the IPO. NewsAlibaba and Jack Ma’s YF Capital to join Kuaishou’s upcoming Hong Kong IPO2 mins read
This isn’t the first time Miniso’s products were found to have harmful elements. NewsTencent-backed retailer Miniso sets up USD 15 million buyback fund for dangerous recalled products2 mins read
