After the recent sale of his stake in Flipkart, Binny Bansal still owns a little over 3% in the company. NewsFlipkart co-founder Binny Bansal offloads shares worth USD 14 million to Tiger Global2 mins read
The company pins hopes on the new tea business amid widened losses. NewsLuckin Coffee has bigger ambition for selling tea as it spins off Luckin Tea brand2 mins read
Short video platforms are tapping into e-commerce. NewsTencent-backed Kuaishou sells USD 14 million goods via short video app in 3 days2 mins read
The Alibaba-backed microblogging site aims to chip away users from its popular rival app, RED. NewsWeibo’s own version of Instagram in the works1 min read
WM’s two co-founders and CFO used to work for Geely. NewsGeely sues EV rival WM Motor in China’s first IP legal battle between gasoline and EV forces2 mins read
Luckin is taking a page from the likes of Starbucks to sell coffee mugs as an extra revenue source. NewsOther than coffee, Luckin now wants to sell merchandised cups in China2 mins read
Services corral smartphone generation but critics warn of risks to innovation. InsightsSuper apps: WeChat, GoJek and rivals battle to do it all in Asia7 mins read
Kredivo is one of the fastest-growing fintech startups in Indonesia. InsightsKredivo’s CEO Akshay Garg on building the strongest product and team: Startup Stories5 mins read
Chinese Twitter’s animation app closes on Kuaikan Comics and Tencent Animation. NewsWeibo’s new manga platform snaps up users3 mins read
With its e-commerce site, media platforms, and omnichannel store, Social Bella wants to build a comprehensive digital beauty ecosystem in Indonesia. NewsIndonesian beauty platform Sociolla bags USD 40 million Series D funding led by EV Growth and Temasek2 mins read
Most Recent