NewsFood delivery platform Vietnammm is gobbled up by South Korean unicornVietnammm will operate alongside Baemin Vietnam until further notice. 1 min read
The company is still a way from being profitable. NewsLuckin Coffee stock price surges 20% on Nasdaq trading debut1 min read
Robo calls that use AI technology are also a growing concern. NewsChinese call spammers made 50 billion calls last year1 min read
The fresh funds will boost Luckin’s ambitions to surpass Starbucks in China. NewsLuckin Coffee tops USD 4 billion valuation in US IPO2 mins read
It’s a giant leap from selling cheap fruit deals NewsPinduoduo to sell cars on its social commerce platform1 min read
The complaints concern AliExpress’ return and dispute resolution policies. NewsAlibaba’s AliExpress criticized by European consumer bodies1 min read
Small shops have a new channel to reach more than 100 million potential customers. NewsAlibaba’s map app rolls out listings for mom-and-pop shops1 min read
Will it be another fruitless trial? NewsFacebook eyes reentry into China by taking minority stakes in local firms, says Reuters Breakingviews1 min read
This follows reports in April that the company canceled basic salaries and benefits for couriers in the wake of huge losses. NewsJD Logistics plans hiring spree ahead of June festivities1 min read
NewsDeals in brief: Bioactivx raises pre-Series A funding, SMBC and Singtel Innov8 back fileAI, latest China investments, and more
