News

JD.com iss raising up to US$ 2.5bn for its logistic arm JD Logistics from a group of investors including Hillhouse Capital, Sequoia China, and Tencent among others.

Do technology powerhouses enjoy special edge compared to their brick-and-mortar counterparts in the battle for new retail?

Kr-Vision seeks to make the blind “see” the world with ears.

The startup seeks to trim cost while embracing opportunities in new retail.

“Compared with having couriers claim orders themselves, assigning orders to them allows the company to plan the optimal route for each order and improve efficiency.”

Plus, Didi Tests Driverless Cars on Public Roads. Instacart raised funding to defend against Amazon.

If the deal goes through, Alibaba, Tencent and Toutiao will be respectively backing the top 3 news aggregators in India, UC News, NewsDog and Daily Hunt.

Alibaba’s seized the day to take market share in India and archrival Tencent also eyes to expand its reach in the country.