NewsAlibaba Investing in China Rural Ecommerce as Urban Growth PlateausAlibaba’s archrival JD is also eyeing new opportunities in rural e-commerce. 1 min read
Jack Ma will meet Thai PM on Thursday. NewsAlibaba Invests $352M in Thailand to Brace for Upcoming Competition with Tencent and JD.com1 min read
Neisha is looking to improve its services. NewsDeals | Ant Financial Invests in Gadget Rental Startup Neisha’s Tens of Millions of Yuan Financing Round2 mins read
Starting from ticketing, the company tries to dig up opportunities in upstream markets within the industry. NewsDeals | Piaoniu.com, a Ticketing Platform Offering Data Service for Companies in Upstream Markets, Finishes Series B Funding3 mins read
The company’s operational motto: Refine it, supply chain service in this case, before expanding its reach. NewsDeals | B2B Supply Chain Platform Xianshiji.com Rakes In Series B of Nearly US$15.9 Million Led by IDG Capital and HJ Capital3 mins read
Plus, Lyft mulls to enter Japanese ride-hailing space. Allianz invested in Go-Jek. NewsKrASIA Daily: Pinduoduo Adds $ 3 Billion to Its War Chest to Keep Growing Momentum 4 mins read
Tencent is a strategic investor in SEE. NewsDeals | WeChat Mini-Program-Based E-commerce Solution Provider SEE Raises Sequoia Capital-led C-plus Round2 mins read
AVANA’s co-founder, Yien Yee, has also been recently selected to be a part of Alibaba’s e-Founders Fellowship Programme. NewsDeals | Gobi Partners Leads $1M in Malaysian AVANA’s Pre-A Round2 mins read
In the recent two weeks, Alibaba acquired a 45% stake in Pakistan’s Telenor Microfinance Bank and invested $ 2 billion in Lazada. NewsDeals | Alibaba in Rumored Talks to Buy Pakistani Daraz, Expanding E-commerce Reach Across Asia2 mins read
NewsMiddle East weekly: Aito secures first UAE order, Qatar launches 36 digital services, Dubai tests autonomous taxis, and more