Meituan booked RMB 1.9 billion (USD 270.2 million) in adjusted net profit. NewsAfter second profitable quarter, Meituan takes on bike-sharing as key segment for future investments3 mins read
Swiggy is in for a twin attack on Dunzo and Zomato. NewsIndian food-delivery unicorn Swiggy sees gold in sundry delivery and cloud kitchens3 mins read
Its competitor Vogo has already partnered with Ola. NewsIndian two-wheeler rental platform Bounce might hitch a ride on Uber2 mins read
The company now takes user engagement as the top priority over monetization, but difficulties remain ahead. InsightsFive key challenges for China’s Pinduoduo to gain a firm foothold in e-commerce sector6 mins read
“I did not regret making this final decision.” Q&AExclusive | Ex-YC China head Lu Qi on spinning off Y Combinator’s Chinese arm4 mins read
Huawei created over 46,000 jobs in Japan last year, both directly and indirectly through local partnership deals, according to an Oxford Economics report. NewsHuawei seeks closer ties with Japan after creating 46,000 jobs amid plan to spend USD 10 billion3 mins read
After almost a decade of operations almost all major companies in every sector are still in growth mode. InsightsProfitability still out of reach for internet consumer companies9 mins read
In the next three years, Pinduoduo will introduce more than 10,000 international brands to its platform. NewsWith 20,000 import goods, Pinduoduo wants to leverage Black Friday to lure consumers2 mins read
China’s leading dating service provider wants to expand its businesses to Southeastern Asia. NewsMomo makes a comeback overseas on a mission to become China’s Match Group2 mins read
Joko Widodo is after new insights from successful millennial leaders. NewsIndonesian president appoints Ruangguru and Amartha CEOs as special staffers2 mins read