In 2019, 10% of all deliveries in China utilized smart lockers. NewsCHINA BRIEF | ZTO Express acquires Haier’s smart locker unit at USD 30 million1 min read
The B2B segment of the total K-12 after school education market is projected to surpass RMB 100 billion by 2025, says new report NewsHit by pandemic, China’s after-school education market embraces doing business online3 mins read
The coronavirus pandemic forced brands to be innovative their experiential marketing tactics, according to industry experts. InsightsExperiential marketing beyond the pandemic | CHINA CONNECT2 mins read
Nobutake Suzuki, president and CEO of MUFG Innovation Partners, discussed his investments in AI and blockchain startups, as well as the competition with Chinese money in episode 4 of VMTV. EventsIn Southeast Asia, we directly start with smartphone banking, says MUFG’s Suzuki3 mins read
Shushi was founded in June 2020 by Li Kefeng, a former JD.com VP and general manager for Baidu’s mobile business. NewsCHINA BRIEF | Tencent pours USD 14.2 million in digitization solution provider Shushi in angel round1 min read
For Gojek, Grab and more, quest for profit becomes struggle for survival. InsightsCoronavirus stalks Southeast Asia’s once-thriving unicorns12 mins read
Over 1,000 shops that buy goods on Lingshoutong have made more than RMB 1 million (USD 142,686) in net profits. NewsMom-and-pop stores beat 11% of Chinese listed companies in profitability2 mins read
Singapore-based Aroa is Agarwal’s third investment vehicle through which he will back startups. NewsOyo founder Ritesh Agarwal sets up new VC fund Aroa to invest in growth-stage startups2 mins read
Wang Xing, founder and chairman of Meituan, seemed to call out Alibaba on social media over the fact Taobao users cannot pay with WeChat. NewsCHINA BRIEF | Meituan removes Alipay for payments as chairman calls out Alibaba1 min read
Social Bella has raised USD 110 million in funding from big-name investors like Temasek, East Ventures, Pavilion Capital, and Jungle Ventures. Q&AFrom e-commerce site to digital beauty ecosystem: Q&A with Social Bella’s president Christopher Madiam6 mins read