NewsEight Roads Ventures leads a USD 12 million round in India’s D2C brandThe D2C sector saw an investment of close to USD 417 million in 2020 in India. 2 mins read
SoftBank-backed e-commerce giant faces profitability and labor questions. InsightsAfter Coupang soars in US IPO, can it deliver for the long term?7 mins read
There were 25 million online beauty shoppers in FY2020, and Avendus estimates this number to reach 135 million by FY2025. InsightsIndian D2C beauty and personal care brands become a darling of VCs4 mins read
The grocers were penalized for selling below cost and misleading consumers. NewsChinese regulator fines firms in broad crackdown on grocery group-buying sector2 mins read
JD.com’s 2020 revenues increased 29.3% to USD 114.3 billion. NewsKEY STAT | JD.com boosts users in China’s smaller cities1 min read
The startup rents out overhead equipment such as forklifts and excavators, and delivers them to the locations where they are needed. NewsMachinery rental platform Zhongneng raises USD 461 million amid infrastructure building boom2 mins read
It was driven by increases in the average order size and number of active consumers. NewsOn-demand retail firm Dada says GMV on JD-Daojia doubled in 20202 mins read
Midea is one of Pinduoduo’s customer-to-manufacturer (C2M) partners. NewsPinduoduo and Midea to customize washing machines, plan to sell 1 million units1 min read
Beauty and fashion companies attracted over 50% of USD 1.4 billion raised by internet-first brands between 2014-2020 in India. NewsInternet-first startups are taking on traditional brands in India3 mins read