Retail

Homegrown e-commerce players Tiki and Sendo are looking to challenge Shopee and Lazada’s dominance.

Employees claim they have not been paid since September.

Venture capital firms are injecting cash into Indonesian coffee startups.

The online retailer faces economic headwinds on slowing consumer demand.

JD’s stock rallies on quarterly results and Alibaba’s weak performance.

This round brings Ula’s total Series B investment to USD 110 million.

Nykaa said its consolidated gross merchandise value rose 63% YoY and 10% sequentially in Q3 of 2021 to reach INR 16.2 billion.

Trigo is partnering with large supermarket chains like Rewe in Germany, Aldi Nord in the Netherlands, and Tesco in the UK.