NewsIndonesian e-commerce platforms unleash new services to boost sales during RamadanThe holiday is typically the busiest time for retailers in Indonesia. 2 mins read
The venture capital firm is seeking high-impact and high-potential startups for its next cohort. NewsAccelerating Asia pledges up to USD 141,500 for startups in its third accelerator program2 mins read
However, Yonghui Superstores’ stock dived more than 6% following the announcement. NewsCHINA BRIEF | Supermarket chain backed by Tencent and JD.com reports nearly 40% increase in Q1 net profits1 min read
As the demand for grocery has gone through the roof, Indian government has decided to build a brand new e-grocer for rural India. NewsIndian government starts e-retail platform for rural India2 mins read
Beijing-headquartered company aims to raise USD 2 billion in Hong Kong listing. NewsChinese e-commerce firm JD.com files for secondary listing in Hong Kong, sources say3 mins read
Zaky teamed up with Bukalapak’s co-founder and former CTO Xinuc for the fund named “Init 6”. NewsFormer Bukalapak CEO Ahmad Zaky launches VC fund, makes first investment in edtech startup2 mins read
Denarii Cash is expanding its network to Pakistan, India, , , and Bangladesh. NewsDubai-based cross-border money transfer app Denarii Cash sees surge in usage, expands service to new markets3 mins read
Mobile data traffic volume for March jumped 39.3% from the same period a year ago. NewsChina’s mobile traffic up 40% in March as information consumption surges amid coronavirus pandemic2 mins read
The fresh investment takes PhonePe’s total raised amount to USD 928 million. NewsFlipkart injects USD 90 million into payment subsidiary PhonePe2 mins read