7Fresh is an offline fresh-food store launched by JD.com in January 2018, and a direct rival to Alibaba’s Hema supermarket chain. NewsJD.com and grocery giant Yonghui plough USD 750 million into Thai fruits2 mins read
JD Digits is now valued above USD 19.4 billion. NewsJD’s fintech arm acquires a peer-to-peer lending platform1 min read
New money to burn. NewsTencent-backed game live streaming site Huya raises over USD 300 million to keep expanding1 min read
Amalan serves people who are having trouble to repay their loans. NewsIndonesia’s first online debt management solution expands to Malaysia3 mins read
This should come as good news for ByteDance after setbacks in the US and India. NewsTikTok adds 188 million new users in Q1 2019 despite challenges1 min read
And brings the total number of Chinese cities that Luckin Coffee has landed in to 36. NewsLuckin Coffee expands to 14 new Chinese cities1 min read
It’s growing faster than Yu’e Bao. NewsAlipay’s mutual aid platform Xiang Hu Bao aims to cover 1/5 of China’s population in two years2 mins read
The crackdown highlights websites, apps, and cold calling centers as examples with more consumer complaints than the average rate. NewsChina to crack down on illegal user data collection1 min read
This turn comes as the company is facing pressure to spin off Grindr. NewsGrindr owner Kunlun to invest USD 50 million in self-driving startup Pony.ai1 min read
The company also makes electric vehicles for NIO. NewsChinese EV manufacturer JAC Motors dismisses speculation about acquisition by Volkswagen1 min read