Asia’s richest man Mukesh Ambani now wants to make others rich. NewsReliance Jio to compete with Paytm and PhonePe with its wealth management service3 mins read
Grab’s e-wallet partner OVO also started a separate initiative in response to the disaster. NewsGrab Indonesia starts cooperation with Jakarta government to provide flood support2 mins read
Online mobile engagement is driven by smart devices, digitization in the offline retail industry and live streaming, according to research firm QuestMobile. NewsChinese mobile users now spend over 6 hours every day online – that’s almost 2 full days a week3 mins read
Customers will be able to access and lease an Xpeng G3 model, Xiaopeng’s first released EV, on the Didi app, among other services. NewsDidi partners with Chinese EV startup Xpeng to boost car rental and EV charging services2 mins read
A price war is around the corner. NewsAlibaba aggressively promotes discount program to fend off Pinduoduo2 mins read
Taoxiaopu lets anyone become a stockless online merchant. NewsAlibaba wants its 693 million users to become dropshippers2 mins read
In 2019, many mobile wallet and e-commerce players rolled out PayLater services on their platforms, a trend that’s likely to continue this year. InsightsWill credit cards in Indonesia be overtaken by PayLater services?7 mins read
Deloitte forecast that China’s online pharmacy sector will be worth RMB 400 billion (USD 57 billion) in 2020. NewsJD’s health care unit vaults into second position for new unicorns with USD 7 billion valuation3 mins read
The move is in line with the firm’s commitment to promoting financial inclusion globally, says Ant Financial. NewsAnt Financial applies for wholesale digital banking license in Singapore2 mins read
There are a total of five investors for the extended series A funding round. NewsFacebook founder, Sweetgreen CEO, and Northstar Group co-founder invest in Indonesia’s Kopi Kenangan2 mins read