NewsKEY STAT | Alibaba sets new livestreaming sales goal for 2020Boosted by the COVID-19 outbreak, livestreaming e-commerce in China is in its heyday. 1 min read
Livspace projects to grow into a USD 500 million business within the next 2-3 years. NewsHome renovation platform Livspace raises USD 90 million to expand in Southeast Asia, Australia1 min read
With high mobile phone and internet penetration, the e-commerce sector is set to grow with the entry of international players like Alibaba-backed Daraz Group. NewsMyanmar’s UMG Idealab invests in local startup Zay Chin & Indonesian startup Moodco2 mins read
The startup’s case is a cautionary tale for anyone who equates large investment rounds with success. NewsDubai’s Awok shuts down a year after raising USD 30 million Series A round3 mins read
This round of funding comes 10 months after it raised USD 45 million last year. NewsGoogle and Lightstone lead USD 28 million round in delivery startup Dunzo2 mins read
The company, a joint venture between Telkom and eBay, has been operating since 2014. NewsIndonesian e-commerce platform Blanja shuts down1 min read
The startup, which currently operates in Eastern China only, wants a slice of the USD 733 billion fresh food retail market. NewsGrocery retailer Bunnymaicai raises USD 10 million in Series A round2 mins read
Kuaishou plans to incubate 100,000 businesses and help them achieve USD 146,000 in annual sales within the year. NewsShort video platform Kuaishou unveils ambitious new e-commerce targets amid livestreaming boom2 mins read
The UAE-based online-grocery delivery platform InstaShop has been acquired for USD 360 million by Delivery Hero. NewsFocus on deals | The Middle East Weekly Roundup2 mins read
FeaturesMore than a hardware play: Robot Era’s founder sets the record straight on the company’s true ambitions
NewsDeals in brief: Augmentus raises Series A+ funding, Coda to acquire Recharge, Origgin Capital debuts second fund, and more