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BBK’s founder, billionaire Duan Yongping, rarely gives interviews, and the company’s management had almost let its brands exist independently.

Deal comes as Chinese e-commerce company hits obstacles in India.

The network was targeting audiences in southern Thailand’s conflict regions where insurgent groups continue their fight for independence.

The company could be a beneficiary of the global chip shortage due to growing demand.

The company is signaling a move into the Philippine market.

Pinduoduo is increasingly penetrating China’s agriculture sector with investments in upgrading its supply chain, and the launch of grocery group buying.

Xendit says it processes more than 65 million transactions with USD 6.5 billion in payment value annually.

AirAsia food aims to give better value by offering low-cost options.

Infarm has vertical farms located in urban areas like supermarkets, distribution centers, and restaurants.

Startups gearing up to go public include food tech major Zomato, beauty retailer Nykaa, digital insurance marketplace PolicyBazaar, omnichannel eyewear retailer Lenskart, among others.