It booked RMB 134.8 billion (USD 118.9 billion) in net revenue in the third quarter of this year, up 28.7% year-on-year. NewsJD.com reveals its health subsidiary is valued at USD 7 billion amid Q3 earnings release1 min read
OVO will offer investment products, given that the payments market is now mature. NewsIndonesian e-wallet player Ovo to expand its financial offerings, president director says3 mins read
The company is expecting a network of over 2,600 hotels by the end of this year. NewsCtrip-backed hotelier LvYue secures funding from Tencent and Goldman Sachs2 mins read
Private equity and venture capital firms are filling the vacuum as China’s technology titans shift focus to local start-up firms InsightsChina’s tech entrepreneurs are getting venture capital funding at home in push into Southeast Asian markets3 mins read
Aims to treble Asian bookings from China, world’s largest source of travelers. NewsTujia, China’s answer to Airbnb, nurses big ambitions4 mins read
Zhu Wenjia is the new CEO of Jinri Toutiao, while former CEO Chen Lin will reportedly focus on ByteDance’s new initiatives. NewsByteDance’s Toutiao welcomes new CEO following management reshuffle (updated)2 mins read
The firm matches shippers with transporters, and currently facilitates over 40,000 shipments every month. InsightsHow Ritase is disrupting the Indonesian freight and logistics market: Startup Stories4 mins read
Tencent reported a 13% slide in its profit and missed analysts’ expectations. NewsBeyond the numbers: What Tencent’s Q3 results tell you about its transformation3 mins read
This year at least three milk delivery businesses either shut shop or trimmed their operations. NewsAlibaba-backed Bigbasket might acquire Indian milk delivery startup DailyNinja2 mins read
Jovee wants to support a healthy lifestyle by providing supplement recommendations according to individual needs. NewsIndonesian serial entrepreneur Natali Ardianto kicks off on-demand digital pharmacy platform2 mins read
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