KrASIA Connection

The e-commerce landscape in Indonesia has come full circle with TikTok completing its comeback story alongside its newfound partner, Tokopedia.

Joseph Tsai and Jack Ma recently acquired a hefty chunk of Alibaba’s stocks, emerging as the largest shareholders. Market observers are left pondering the significance of this power move.

The Hong Kong High Court ruled in favor of Evergrande’s liquidation, citing its lack of a viable proposal that had the support of the creditors.

Samsung is aiming to gain a competitive advantage by integrating Baidu’s Ernie Bot in its latest Galaxy S24 smartphone series, filling the gap left by the absence of Google’s AI services.

In a message to all employees, Yu Yongfu, CEO of Ele.me, sought to quash the rumors before they escalate further.

After conquering shopping malls, office buildings, and streetside areas, Luckin Coffee is now turning its attention to hospitals and gas stations.

The Chinese automaker is confident in asserting control of its target market, but it should nonetheless brace for escalating competition ahead.

Several contenders exist, but the verdict on the future leader of Southeast Asia’s e-commerce market remains pending.