Alibaba and its financial arm Ant Financial typically restructure on an annual basis as the companies adjust their strategies. NewsAlibaba announces management reshuffle while Ant Financial names Simon Hu as new CEO3 mins read
Grab said its fares are compliant with regulations in the Philippines but respects the decision. NewsGrab hit with new fine in the Philippines for overcharging customers1 min read
The gaming giant latest step to meet the Chinese government regulations over gaming addiction. NewsTencent will take down 32 of its games for failing its own “Healthy Gameplay System”2 mins read
Oyo Hotels and Homes is likely to start 2020 at a low note. NewsSoftBank-backed hospitality giant Oyo may sack employees to cut costs4 mins read
By the end of 2020, China’s paid knowledge market is expected to reach USD 3.2 billion. NewsBaidu’s video streaming service iQiyi announces major support to educational short-video creators2 mins read
Shadowfax works with a network of mom-and-pop stores to reduce its delivery cost by 20%. InsightsFlipkart is banking on Indian B2B logistics startup Shadowfax to deliver grocery4 mins read
The transaction figures increased by 32% compared to the same period last year. NewsIndonesia recorded USD 651.2 million transaction value on 12.12 shopping festival3 mins read
The new version of the app went live on Wednesday. NewsAlibaba’s Idle Fish evolves from online flea market to location-based community1 min read
The Indonesian ride-hailing firm will reportedly buy a 5% stake in Indonesia’s biggest taxi operator Blue Bird. InsightsStrategic stake in Blue Bird and partial shutdown of GoLife services can set Gojek on path to profitability, experts say3 mins read
Telio was one of 17 companies from the inaugural cohort of Surge, a scale-up program launched by Sequoia Capital India earlier this year. NewsVietnamese B2B e-commerce platform Telio raises USD 25 million Series A2 mins read
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