NewsDouyin rival Kuaishou files for Hong Kong IPO, reveals loss of over USD 10 billion in first halfChina’s two biggest short video platforms are racing to an IPO. 3 mins read
As for user accounts, Pinduoduo could overtake Alibaba as soon as next quarter. NewsAlibaba posts better-than-expected earnings but disappoints with tepid user growth2 mins read
During this year’s Big Billion Days, Flipkart sold over USD 2.5 billion worth of goods, almost double than that of Amazon’s. InsightsDecoding Flipkart’s strategy that gives it an edge over Amazon8 mins read
Strong China retail sales buffer group against fintech affiliate’s IPO turmoil. NewsAlibaba expected to fly above Ant turmoil with strong growth3 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
NewsDeals in brief: Indonesia’s Spun raises seed funding, Gobi Partners makes first Bangladesh investment, 11 China investments, and more