Alibaba Investing in China Rural Ecommerce as Urban Growth Plateaus
Alibaba's archrival JD is also eyeing new opportunities in rural e-commerce.
Alibaba Invests $352M in Thailand to Brace for Upcoming Competition with Tencent and JD.com
Jack Ma will meet Thai PM on Thursday.
Ant Financial Invests in Gadget Rental Startup Neisha’s Tens of Millions of Yuan Financing Round
Neisha is looking to improve its services.
Piaoniu.com, a Ticketing Platform Offering Data Service for Companies in Upstream Markets, Finishes Series B Funding
Starting from ticketing, the company tries to dig up opportunities in upstream markets within the industry.
B2B Supply Chain Platform Xianshiji.com Rakes In Series B of Nearly US$15.9 Million Led by IDG Capital and HJ Capital
The company’s operational motto: Refine it, supply chain service in this case, before expanding its reach.
KrASIA Daily: Pinduoduo Adds $ 3 Billion to Its War Chest to Keep Growing Momentum
Plus, Lyft mulls to enter Japanese ride-hailing space. Allianz invested in Go-Jek.
Tencent Leads China’s Fastest-Growing E-commerce Startup Pinduoduo’s $3 Billion Round, Upping Rivalry with Alibaba’s Taobao
The startup was valued at $15 billion.
WeChat Mini-Program-Based E-commerce Solution Provider SEE Raises Sequoia Capital-led C-plus Round
Tencent is a strategic investor in SEE.
Gobi Partners Leads $1M in Malaysian AVANA’s Pre-A Round
AVANA’s co-founder, Yien Yee, has also been recently selected to be a part of Alibaba’s e-Founders Fellowship Programme.
Alibaba in Rumored Talks to Buy Pakistani Daraz, Expanding E-commerce Reach Across Asia
In the recent two weeks, Alibaba acquired a 45% stake in Pakistan’s Telenor Microfinance Bank and invested $ 2 billion in Lazada.