The fresh funds will boost Luckin’s ambitions to surpass Starbucks in China. NewsLuckin Coffee tops USD 4 billion valuation in US IPO2 mins read
It’s a giant leap from selling cheap fruit deals NewsPinduoduo to sell cars on its social commerce platform1 min read
The complaints concern AliExpress’ return and dispute resolution policies. NewsAlibaba’s AliExpress criticized by European consumer bodies1 min read
Small shops have a new channel to reach more than 100 million potential customers. NewsAlibaba’s map app rolls out listings for mom-and-pop shops1 min read
Will it be another fruitless trial? NewsFacebook eyes reentry into China by taking minority stakes in local firms, says Reuters Breakingviews1 min read
This follows reports in April that the company canceled basic salaries and benefits for couriers in the wake of huge losses. NewsJD Logistics plans hiring spree ahead of June festivities1 min read
Huya’s monthly active users also grew by 33.3% NewsTencent-backed Huya doubles net revenue in Q1 20191 min read
Hisilicon, Huawei’s chip design house, says it has the solution. NewsHuawei says it has backup plan if it can’t buy from US suppliers2 mins read
SK Group now owns a 6% stake of VinGroup. NewsSouth Korean SK Group injects USD 1 billion into Vietnamese conglomerate Vingroup1 min read
Go-Jek was conspicuously absent. NewsThree Chinese and two Southeast Asian tech companies named as 2019 disruptors by CNBC2 mins read
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