NewsFacebook sets up new entity to acquire stake in Reliance’s Jio PlatformFacebook and Reliance have filed an application to CCI for an approval. 2 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
Nice Tuan experienced huge growth during the pandemic outbreak in China as people relied on grocery delivery. Visual StoriesKEY STAT | Social and grocery e-commerce startup Nice Tuan closes round C+ fundraising2 mins read
Expanding to numerous sectors these years, Meituan is feeling increasing pressure from Alibaba’s local life service push. Visual StoriesBIZ IN GRAPHICS | Meituan, from China’s Groupon mimicry to local service giant in 10 years2 mins read
New funds will be used to build warehouses nationwide, expand delivery capabilities, and improve the company’s supply chain. NewsCHINA BRIEF | Group-buying platform Nice Tuan scores USD 81.4 million investment led by GGV1 min read
Reliance also got into the online grocery market which is expected to reach USD 3.6 billion by 2024. NewsPaytm Mall looks to invest in Grofers to strengthen its grocery business2 mins read
New players are stepping up to bring groceries and fresh produce to customers across China. VideosVideo | These are the challengers to Ele.me and Meituan’s food and grocery delivery duopoly in China1 min read
The COVID-19 pandemic generated a wave of digitization that left some companies better positioned than others to capitalize. InsightsWinners and survivors from the pandemic, Q1 sheds light on China’s economic recovery5 mins read
Enterprise Singapore partnered with Amazon, Lazada, Qoo10, and Shopee to support e-commerce initiative for SMEs. InsightsDespite the pandemic, these companies are hiring hundreds of new workers3 mins read
