NewsTim Hortons bags new capital from Sequoia and Tencent for China expansionThe coffee brand is pushing digitization and themed stores. 2 mins read
Currently, the firm runs a fleet of more than 70,000 drivers and 200,000 merchants, serving 2 million customers across five major cities in Vietnam. NewsVietnamese startup Loship pushes expansion plans with fresh Series C funding3 mins read
ByteDance has increasingly threatened e-commerce platforms such as Alibaba, JD.com, and Pinduoduo as shoppers crave interactive video content and livestreaming. NewsAlibaba denies that Lazada CEO in Thailand will join ByteDance’s e-commerce unit2 mins read
Tencent’s WeBank also joins the six state-owned banks in the pilot. NewsChina enlists Ant-backed MYbank in expanding digital yuan trial1 min read
Niki, an AI-enabled household manager for small town consumers, helps users order groceries as well as pay utility bills. InsightsThis voice assistant runs errands for semi-rural users in India | Tales from India’s Towns4 mins read
After teaming up with JD.com and Pinduoduo, Gome plans to take on market leader Suning. NewsChina’s former richest man is planning a comeback following jail time3 mins read
It’s the latest and biggest financing round in the hot community group-buying field. NewsGreengrocer Xingsheng Youxuan to bag USD 3 billion from Sequoia, Tencent, others2 mins read
Price, product, and push—that’s how Shein does it all. InsightsShein is edging Zara out of its lane7 mins read
The takeover of YY Live has been “substantially completed.” NewsBaidu reports solid profits, expects first EV within 3 years2 mins read
NewsDeals in brief: East Ventures invests in Sxored, Shieldbase and Transcelestial raise funding, HeySara enters Hong Kong with ILS acquisition, and more