Although unprofitable businesses are allowed to list, 40 out of the 50 companies have actually made a profit. News50 companies to raise USD 7.2 billion through China high-tech board listing1 min read
The growth, however, is seeing a significant slowdown. NewsChina’s mobile gaming market to reach USD 30 billion annual revenue by 20201 min read
The JV will be leveraging both sides’ strength to build a global logistics network and supply chain service platform. NewsJD.com forms joint venture with global logistics giant COSCO1 min read
Tencent to add healthcare feature to its WeChat in its push to industrial internet. NewsTencent is adding medical services to WeChat in its industrial internet push2 mins read
Go-Food was first launched in Ho Chi Minh City where it has already recorded nearly six million orders NewsGo-Viet launched food delivery service in Hanoi1 min read
The commission for Shopee Mall sellers is being introduced in other SEA markets too NewsShopee starts charging commissions in Vietnam as part of monetization plan2 mins read
The new standardization hopes to bring higher interoperability between various payment system providers NewsIndonesia to implement QR Code standards by second half of the year2 mins read
Other defendants listed in the complaint include Nio executives who signed the company’s Registration Statement and its IPO underwriters NewsBaidu’s Zhang Yaqin named as a defendant in Nio class action lawsuit2 mins read
The firm has undergone a string of executive changes since Alibaba first invested in 2014 NewsYouku still needs two more years to compete with Tencent Video and iQiyi, says company president1 min read
It’s aiming to raise further billions of dollars for acquisitions and growth NewsGrab expects to be four times bigger than its “closest competitor” by the end of the year1 min read
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