InsightsCoronavirus stalks Southeast Asia’s once-thriving unicornsFor Gojek, Grab and more, quest for profit becomes struggle for survival. 12 mins read
Wang Xing, founder and chairman of Meituan, seemed to call out Alibaba on social media over the fact Taobao users cannot pay with WeChat. NewsCHINA BRIEF | Meituan removes Alipay for payments as chairman calls out Alibaba1 min read
In May, the Naspers-backed company laid off 1,100 people and shut non-performing business arms. NewsFood delivery giant Swiggy axes 350 jobs in second round of lay off3 mins read
The feature is only available to users in some regions as of now. NewsMeituan tests new group meal-buying feature Pinhaofan2 mins read
Xingsheng Youxuan leverages group-buying to provide groceries at bargain prices to residents who live near to each other. NewsCHINA BRIEF | Tencent-backed grocery app Xingsheng Youxuan to close USD 800 million pre-IPO round1 min read
Four independent directors have also been added to the board. NewsCHINA BRIEF | Luckin appoints logistics veteran Guo Jinyi as new CEO and chairman1 min read
For now, the perpetrators’ identities remain a mystery. Insights‘This is just a warning from me’: How Grab and Gojek are utilized to intimidate activists in Indonesia9 mins read
The freelancing platform, which counts Meituan and Ele.me among its clients, saw its stock surge 102.6% on the first trading day. NewsChinese staffing solutions provider Quhuo debuts on Nasdaq2 mins read
Haode Investment Inc, an investment firm owned by Lu, still has 37.2% of aggregate voting power at the company. NewsLuckin chairman Charles Lu Zhengyao voted off board but retains control in firm2 mins read
NewsDeals in brief: Salmon raises USD 88 million, InstaPay closes Series A2 round, ten China deals, and more
