Its shipments more than doubled. NewsChinese smartphone brand Vivo records fastest growth in India2 mins read
The short video app had 188 million downloads in Q1 2019, slightly ahead of Facebook. NewsTikTok pips Facebook in India and becomes world’s most downloaded social app in Q1 20191 min read
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Best serves TMall and Taobao, among other e-commerce heavyweights. NewsAfter years of losses, Alibaba-backed logistics provider Best predicts profits by year-end1 min read
The online grocer had diversified into many on-demand niches but is now scaling back several of them. NewsHonestbee to exit Singapore’s food delivery market, suspends on-demand laundry services1 min read
The platforms will be designed to bolster the country’s sharia-compliant economy. NewsIndonesia’s Tokopedia and Bukalapak are developing halal marketplaces2 mins read
It was valued above USD 2.5 billion in the previous fundraising round. NewsAnt Financial-backed Hello Chuxing seeks hefty financing that would take valuation to USD 4 billion2 mins read
The asset-heavy operation was unsustainable. NewsDaimler’s car-sharing platform car2go exits China1 min read
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