NewsCHINA BRIEF | JD.com to be traded in Hong Kong starting June 18 amid Nasdaq fearsJD.com’s stock price on Nasdaq reached a record peak of USD 59.17 on Monday. 1 min read
Saudi Arabia’s e-commerce market is up 14% from last year at USD 21 billion, according to e-commerce platform ZID. NewsZynga buys Peak Games, Samsung invests in Egypt, and a lot of liquidity from the Saudi central bank | The Middle East Weekly Roundup4 mins read
This is Jio Platforms’ eighth fund raise in seven weeks. It has raised a total of USD 12.95 billion from leading global investors. NewsAbu Dhabi Investment Authority buys 1.16% stake in Reliance’s Jio Platforms3 mins read
The firm connects clothes suppliers with vendors on C2C e-commerce platforms, brick-and-mortar stores, and even street vendors. NewsCHINA BRIEF | Clothing e-commerce platform Yishou closes USD 40 million Series C round1 min read
This investment will give Qudian a 28.9% stake in Secoo. NewsCHINA BRIEF | Consumer finance platform Qudian invests USD 100 million in luxury e-commerce firm Secoo1 min read
The coronavirus has provided economies around the world with a chance for reflection. InsightsCould COVID-19 prompt more sustainable innovation to fight climate change in China?8 mins read
Facebook and Reliance have filed an application to CCI for an approval. NewsFacebook sets up new entity to acquire stake in Reliance’s Jio Platform2 mins read
In addition to enhancing services for merchants and customers, improving data security for users is also a top priority for Bukalapak today. Insights‘Failure is not an option’: Bukalapak CEO Rachmat Kaimuddin on supporting MSMEs and protecting user data6 mins read
The firm plans to list under the symbol “DADA” on the Nasdaq Stock Exchange. NewsCHINA BRIEF | Online grocery delivery firm Dada Nexus to raise up to USD 280.5 million in US IPO1 min read