On-demand Services

Superapp emerges as alternative investment vehicle amid China’s tech crackdown.

Earlier this month, Rebel Foods raised a USD 175 million Series F round led by Qatar Investment Authority at a valuation of USD 1.4 billion.

Tech giants are supporting MSMEs and bringing more customers into their ecosystems, especially from Indonesia’s tier-2 and tier-3 cities.

A loophole makes it possible for malicious actors to take over accounts on Meituan and Dianping.

The seven-year-old startup, which counts marquee investors like Tiger Global, Steadview Capital, Accel India, Elevation Capital, and Prosus Ventures as backers, became a unicorn earlier this year.

Around 115 million internet users in the region use more than three O2O platforms.

Alibaba Group joined the investment as a new backer of Ninja Van.

With a new dark store network, Dropezy will offer 20-minute deliveries to customers who live close to its distribution hubs.