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The online consumables market, which is currently worth USD 3.8 billion, is expected to reach over USD 30 billion by 2025.

The deal values the company at USD 2.88 billion and is part of the Series F round it kicked off in April when it raised USD 502 million from Tiger Global, Snap, and Twitter.

With 18.2 million subscribers, Telenor’s sale of its Myanmar business leaves some users worried about the transfer of their data to a new telco.

The company can simulate the interaction between different materials in real-time, enhancing the collaborative design process.

Singbada expects more clothing companies to follow Shein’s example and demand flexible supply chains.

Shopee and Lazada would collect tax for merchants under the new plan.

Tencent’s music arm has problems beyond antitrust matters, and other platforms are keen to take advantage in a promising market.

Connexity is one of the world’s largest e-commerce media platforms, with over 1,600 direct merchants and 6,000 publishers.