NewsSingapore’s Carousell raises USD 56 million from OLX parent company NaspersPart of the deal is a merger with OLX Philippines. 2 mins read
The e-commerce’s travel channel is now operated by Tuniu, under an agreement which is to expire next year. NewsJD.com shifts attention to travel business with new subsidiary1 min read
“A normal staff turnover” should be the real case, says the e-commerce giant. NewsJD.com denies that it’s laying off 8% of its workforce1 min read
Shopback is the leading player in Southeast Asia’s e-commerce cashback market NewsShopBack raises USD 45 million funding led by Rakuten, EV Growth2 mins read
If you can’t go “all out” for the company, you’re out NewsJD.com threatens to fire underperforming or overpaid employees in leaked email2 mins read
JD logistics is piloting a pure performance-based compensation scheme for some of its couriers NewsJD Logistics cancels basic salaries, lowers housing fund benefits for its couriers3 mins read
Weak appetite from individual investors. NewsAlibaba-backed influencer platform Ruhnn takes a dive after Nasdaq debut1 min read
Alibaba applauds “strong return for an early investor” NewsAltaba (formerly known as Yahoo) to sell its Alibaba stake1 min read
Budget-savvy shoppers are also the ones who helped newcomer Pinduoduo grow into China’s third largest e-commerce company NewsTaobao introduces new ‘value for money’ promotion area to take on Pinduoduo1 min read
