NewsIndustrial e-commerce site founded by former Alibaba employee raises USD 10 millionIt’s hot sector for investors. 1 min read
The company is raising to boost its expansion in Southeast Asia and support existing operations. NewsIndonesia’s Investree in talks to raise series C for regional expansion2 mins read
Alibaba and JD.com are penetrating down into lower-tier cities while Pinduoduo does the opposite. NewsJD.com launches its Pinduoduo rival, with a little help from WeChat2 mins read
ByteDance is beating Tencent in providing a full marketing system for its advertisers. NewsByteDance launches two marketing apps to achieve its USD 14 billion revenue target1 min read
The online payment platform seeks to consolidate its top position in the Indian payments market. NewsGoogle Pay in India adds strategic features to keep competition away3 mins read
Ctrip’s ride-hailing orders overseas increased by 385% year-on-year during the summer. NewsCtrip integrates ride-hailing service on Baidu Map to expand globally1 min read
Stolen information can lead to online frauds cases. NewsMeituan, Douyu, YY accused by Chinese authorities for misusing users’ information without approval2 mins read
The deal is valued at USD 3 million and is expected to be completed on October 15, 2019. NewsMalaysia’s iCar Asia to acquire Indonesian car marketplace Carmudi2 mins read
The round was led by Temasek-linked Pavilion Capital and China-based VC Gaorong Capital. NewsSingapore-based Advance.ai raises USD 80 million for regional expansion1 min read
