NewsCHINA BRIEF | Tencent lets WeChat users open in-app shopsWeChat users can now submit identity and bank information to register for a store. 1 min read
Grocery delivery demand spiked since COVID-19 outbreak. NewsKEY STAT | New retail now accounts for one fifth of Alibaba’s revenue1 min read
The startup aims to become a leading online healthcare platform in China with an ecosystem that includes insurers, pharmaceutical companies, hospitals and drug stores. NewsTencent and Swiss Re lead insurtech firm Waterdrop’s USD 230 million Series D2 mins read
PhonePe and Paytm already allow buying and selling of gold on their platforms. NewsAmazon India brings virtual gold on its payment platform2 mins read
The COVID-19 pandemic boosts the development of e-commerce in the region. NewsKEY STAT | Facebook report says Southeast Asia e-commerce penetration surpassed India’s1 min read
Google’s searches for top luxury and fashion brands have increased in Southeast Asia in recent months. InsightsAppetite for luxury: Southeast Asians are looking into expensive brands amid pandemic5 mins read
More than half of total angel investments went into health-tech startups in the first half of 2020. NewsCOVID-19 gives a legup to Indian health and wellness startups3 mins read
Sea Group’s Shopee booked over USD 8 billion in gross merchandise value (GMV) during the second quarter, up 110% compared to 2019. NewsSea Group’s growth booms on back of core e-commerce and gaming businesses2 mins read
China’s largest travel agency and an e-commerce giant join forces to take advantage of travel rebound. NewsJD Group and Trip.com partner to catch travel industry rebound2 mins read
