NewsXiangdao Chuxing secures USD 46 million in Series A from Alibaba and CATLAlibaba established a strategic cooperation with SAIC as early as 2014. 2 mins read
More than 100,000 individuals were willing to participate in a group-buying initiative for the Rolls-Royce Phantom. NewsPinduoduo offered Rolls-Royce vehicles at USD 187,000 discount2 mins read
The retail giant announced in September that it intended to purchase 7.5% of the new TikTok Global. NewsWalmart introduces TikTok livestreaming shows to US shoppers2 mins read
The area is the hometown of Chinese unicorns like ByteDance, Xiaomi, Didi, and Meituan. InsightsHow Zhongguancun became the innovation hub powering China’s tech aspirations6 mins read
The company has appointed Morgan Stanley and Citi as advisors for the IPO process. NewsTokopedia is accelerating IPO plans after SPAC merger rumor2 mins read
Flipkart Wholesale, the B2B arm of the Flipkart Group reported a 22.3% dip in losses in FY 20. NewsFlipkart saw annual loss widen by 20% in latest financial year2 mins read
Chinese tech firms JD.com, Meituan, and Didi have also been trying to persuade their users to ditch WeChat Pay and Alipay. NewsPinduoduo unveils payment service Duoduo Pay for its 731 million users2 mins read
2021 will show us how big bets and new regs will reshape Southeast Asia’s tech scene. InsightsIn Southeast Asia, tech leads through the pandemic and beyond | KrASIA Year in Review6 mins read
“The internet industry is not a place outside the anti-monopoly law,” said the State Administration for Market Regulation. NewsKEY STAT | Alibaba, China Literature, and Hive Box fined by market regulator for violating anti-trust laws2 mins read