The Duoduo Pifa wholesaling feature is similar to Alibaba’s 1688 platform, which is the country’s largest online platform for businesses to procure goods.
Shopline, said to be Asia’s largest e-commerce enabler, has so far helped more than 200,000 merchants, mostly in Hong Kong and Taiwan, start new online stores.
AwanTunai says it is able to originate low-interest financing to the underserved and unbanked merchants by leveraging merchant transaction data recorded on its app.
GoPlay’s surging subscriber numbers are in large part a result of its tight integration within the Gojek ecosystem and the convenience of GoPay as a means of paying for content.
A judge summoned Ma after a former employee of Alibaba subsidiary UC News accused the company of spreading fake news and censoring news critical of China.
The Thai startup ecosystem, which includes local corporate venture capital arms, Chinese conglomerates, and the Thai government, have started to pledge fresh capital for investments in innovation.
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