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Indian government starts e-retail platform for rural India

As the demand for grocery has gone through the roof, Indian government has decided to build a brand new e-grocer for rural India.

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Beijing-headquartered company aims to raise USD 2 billion in Hong Kong listing.
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Chinese e-commerce firm JD.com files for secondary listing in Hong Kong, sources say
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Zaky teamed up with Bukalapak’s co-founder and former CTO Xinuc for the fund named “Init 6”.
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Former Bukalapak CEO Ahmad Zaky launches VC fund, makes first investment in edtech startup
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Denarii Cash is expanding its network to Pakistan, India, , , and Bangladesh.
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Dubai-based cross-border money transfer app Denarii Cash sees surge in usage, expands service to new markets
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Mobile data traffic volume for March jumped 39.3% from the same period a year ago.
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China’s mobile traffic up 40% in March as information consumption surges amid coronavirus pandemic
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The fresh investment takes PhonePe’s total raised amount to USD 928 million.
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Flipkart injects USD 90 million into payment subsidiary PhonePe
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The company has raised almost USD 18 million that will be used for business expansion plans.
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Singaporean fintech Helicap bags USD 10 million in Saison Capital-led Series A round
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Watchdogs cooperate with US over fabricated-sales scandal.
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Chinese regulators raid Luckin offices and seize documents
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The Alibaba-backed EV maker’s newest P7 has more range than any other vehicle available in China.
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CHINA BRIEF | Xpeng launches new P7 with 706 kilometer range, challenging Tesla’s Model 3
1 min read