NewsCHINA BRIEF | JD.com to raise USD 3.9 billion in Hong Kong secondary listingThe firm’s shares will begin trading on the Hong Kong stock exchange on June 18. 1 min read
Jio Platforms has divested a 22.3% stake for over USD 13.7 billion, from nine high profile investors. NewsUS-based PE firms TPG and L Catterton become latest investors in Reliance’s Jio Platforms (Update)3 mins read
China’s cyberspace administration forced Weibo to pause certain features for one week in the wake of a scandal involving an Alibaba exec. NewsRegulators punish Weibo for cutting info about Alibaba exec’s scandal2 mins read
Pinduoduo’s unconventional strategic message leaves investors with plenty to decode. InsightsWhy does Pinduoduo call itself a ‘Costco+Disney’ concept?10 mins read
A clutch of grocery e-retailers have raised fresh capital in the post-coronavirus era. NewsOnline group-buying platform Tongcheng Life closes USD 200 million fundraising2 mins read
Ula approaches small retailers with a wide range of products, best prices, doorstep delivery, and pay-later options. NewsIndonesian marketplace Ula raises USD 10.5 million from Sequoia, Lightspeed India2 mins read
The platform allows suppliers across Malaysia to sell their products in bulk to wholesalers, retailers, and consumers. NewsMalaysian B2B marketplace Dropee partners with agriculture ministry to maintain stable food supply chain2 mins read
For Shopee, livestreaming has become a “new normal”; more brands are using it to engage with customers. NewsAs its livestreaming service hits a new record, Shopee is bringing Korean culture to Shopee Live2 mins read
The fresh funds will be used to develop new auto parts, build new warehouses, and to digitalize its business. NewsCHINA BRIEF | Automotive parts supplier Mancando raises USD 57 million in Series B round1 min read