News

TikTok pips Facebook in India and becomes world’s most downloaded social app in Q1 2019

The short video app had 188 million downloads in Q1 2019, slightly ahead of Facebook.

1 min read

Alibaba is a powerful platform to tap into rising demand from China.
News
Marriott earnings spotlights Alibaba partnership
1 min read
Best serves TMall and Taobao, among other e-commerce heavyweights.
News
After years of losses, Alibaba-backed logistics provider Best predicts profits by year-end
1 min read
The online grocer had diversified into many on-demand niches but is now scaling back several of them.
News
Honestbee to exit Singapore’s food delivery market, suspends on-demand laundry services
1 min read
The platforms will be designed to bolster the country’s sharia-compliant economy.
News
Indonesia’s Tokopedia and Bukalapak are developing halal marketplaces
2 mins read
It was valued above USD 2.5 billion in the previous fundraising round.
News
Ant Financial-backed Hello Chuxing seeks hefty financing that would take valuation to USD 4 billion
2 mins read
It’s the fourth time this year.
News
Xiaomi to buy back 10% of its shares
1 min read
The asset-heavy operation was unsustainable.
News
Daimler’s car-sharing platform car2go exits China
1 min read
Impossible Foods, the California-based food tech company that produces plant-based meat has raised USD 300 million in a Series E round led by Singapore’s Temasek Holdings and Hong Kong tycoon Li
News
Impossible Foods raises USD 300 million in Series E round co-led by Temasek and Horizons Ventures
1 min read