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Meituan’s revenue from food delivery was more than double that of Alibaba’s Ele.me in Q3 2021.

E-commerce giants Amazon and Flipkart saw their revenue from operations surge by 49% and 32% respectively in FY 2021 as millions of people opted to shop online due to the COVID-19 pandemic.

The super app developer’s experience as a new public company may serve as a reference for other businesses that are eyeing ticker symbols in the United States.

The startup provides tax reporting and planning, financial analysis and modeling, and business plan advisory services.

The firm is set to raise its Series B round in 2022, aiming to close by the middle of the year.

Follow KrASIA for the latest news from the tech scenes of Southeast Asia, China, and India.

In October 2021, Amazon closed down its Kindle flagship on Taobao.

The startup’s compact motorcycle storage system is available at 20 locations in Jakarta, Bandung, and Yogyakarta.

The Chinese government has spent USD 22 billion to subsidize the country’s NEV industry since 2009.

India witnessed 97 mega deals—rounds over USD 100 million—worth USD 24 billion in 2021, compared to 28 such investments worth USD 5.5 billion in 2020.