Singapore’s Bluzelle is among the six startups chosen as members of the first cohort. NewsJD.com Launching an Accelerator to Tapping into Blockchain for Chinese New Retail Battle2 mins read
China’s tech mogul Tencent is now behind both Go-Jek and Grab. NewsDeals | Update: Go-Jek Raises Higher-than-Expected USD1.5 Billion From Google, Temasek and Tencent in Upcoming Expansion to Grab’s Home Turf3 mins read
Chinese e-commerce platform targeting overseas market have a unique advantage as there are sufficient suppliers. NewsDeals | Cross-Border E-Commerce Platform Club Factory Banks USD100 M to Fuel Expansion in Southeast Asia and Middle East3 mins read
Alibaba is rumored to pump in US$ 9.5 billion to fully acquire food delivery startup Ele.me. NewsDeals | Alibaba Rumored to Fully Acquire Eleme, Upping Competition with Tencent-backed Meituan-Dianping (Updated)2 mins read
Plus, East Ventures is planning a USD100 million fund. Apple is preparing to release a trio of new smartphones later this year. NewsKrASIA Daily: Buying out Baidu, Alibaba Rumoured to Acquire Top Food Delivery Startup Ele.me6 mins read
The company has engaged in overseas markets including South Korea, Vietnam, Thailand, the Philippines, Singapore and the United Arab Emirates. NewsChina’s Largest B2B Platform for Steel Trading Zhaogang.com Eyes USD 500 million HK IPO2 mins read
Meituan-Dianping is the world’s #4 most valuable startup according to CB Insights. NewsDeals | Meituan-Dianping Just Acquired An Insurance License, while BAT’s Online Insurance Battle is in Full Swing2 mins read
After the “intensive investment + Internet business model” strategy hitting the retail industry, it extended to the coffee shop field. InsightsBringing Internet Business Model to the Coffee Industry, Will Luckin Coffee Threaten Starbucks?4 mins read
China’s video streaming scene is dominated by three major platforms namely Alibaba-acquired Youku, Tencent’s Tencent Video and Baidu-backed iQiyi. NewsToutiao Reportedly to Produce Drama and Variety Show, Adding Youku and iQiyi to Competitors List2 mins read