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Chinese e-commerce firm scores eight-figure investment from Weibo

Ymatou achieved profitability in 2019, and is leaning on influencers for growth in sales.

3 mins read

From government officials raid to mass layoff and reports of seedy business practices, Oyo has been marred in bad press.
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More trouble brewing at India’s second-most valuable startup Oyo
3 mins read
The investment comes only six months after the startup raised USD 14.5 million.
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Logistics startup Waresix bags USD 11 million in Series A extension round
1 min read
Zheng Gang will be the new chief strategic officer of Huawei’s intelligent automotive solutions arm.
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Huawei appoints Chinese EV veteran to develop its smart automotive business
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Alibaba’s AMAP, aka AutoNavi, will start offering global map services this year aimed at tourists, rivaling Baidu Maps.
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Can Alibaba and Baidu convince Chinese travelers to ditch Google Maps?
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The platform support MSMEs to sell their products online.
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Indonesia’s state lender BRI injects USD 1 million into its digital store Indonesia Mall
2 mins read
Finalists laud the technical assistance and mentoring provided by the SeedPlus-AWS accelerator.
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Project Alpha wants to boost early stage startups in Southeast Asia
3 mins read
Walmart might merge its wholesale business with its online retail unit Flipkart.
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Flipkart’s parent company Walmart to lay off top executives amidst mounting losses
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Both appointments will accelerate Telkomsel’s transformation to a digital telco.
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Telkom Indonesia and SingTel appoint new CEO and network director at Telkomsel
1 min read