Alibaba and JD.com reached new sales records as spending money on Nov. 11 becomes a shopping ritual in China. InsightsInfographic | Splashing 1482 billion in one day, China successfully overwrites “Singles’ Day” with “Double eleven”1 min read
Snapdeal is betting big on India’s tier 2 and 3 market to realize greater ambitions. NewsSoftBank might pour USD 100 million into Indian marketplace Snapdeal3 mins read
The world’s largest online shopping gala sheds a light into Chinese consumption. NewsFive e-commerce trends showcased by Alibaba’s Singles’ Day4 mins read
Alibaba uses this technology to identify and solve the trust issue between customers and merchants. NewsAlibaba fully implements blockchain technology for the first time in this Singles’ Day2 mins read
Paytm typically invests USD 28 million to 35 million every year in acquiring or investing in technology companies. NewsAlibaba-backed Paytm keeps USD 70 million in wallet to invest in AI startups2 mins read
The firm reached 35.4 million online music paying users, 4.4 million more than last quarter. NewsTencent Music grows its revenues by 31% and beats analysts expectations in Q3 (updated)3 mins read
The new data center will allow fintech companies to verify and check candidates applying for a loan. NewsIndonesia’s Fintech Lender Association launches new Fintech Data Center to enhance credit assessment 2 mins read
While SoftBank tries to mend the mess at WeWork, its India unit continues to expand to new cities. InsightsWeWork India is an outlier among the co-working unicorn’s franchises4 mins read
The startup connects businesses with informal workers in Southeast Asia. NewsSingapore-headquartered Workmate raises USD 5.2 million funding in Series A round2 mins read
Besides IPO, “go-local” is Tokopedia’s main focus on its second decade going forward Q&AStaying local: Tokopedia president Patrick Cao on IPO plans and business strategies7 mins read
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