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For Gojek, Grab and more, quest for profit becomes struggle for survival.

Over 1,000 shops that buy goods on Lingshoutong have made more than RMB 1 million (USD 142,686) in net profits.

Singapore-based Aroa is Agarwal’s third investment vehicle through which he will back startups.

Wang Xing, founder and chairman of Meituan, seemed to call out Alibaba on social media over the fact Taobao users cannot pay with WeChat.

Social Bella has raised USD 110 million in funding from big-name investors like Temasek, East Ventures, Pavilion Capital, and Jungle Ventures.

Ant Group eyes the largest IPO of 2020 with a dual listing in Shanghai and Hong Kong.

What will Southeast Asia’s new economy look like beyond 2020?

Israeli plant-based meat alternative startup SavorEat will receive USD 3 million with an option for an additional USD 1 million from investment houses Mor and Meitav Dash, which said they were enterin

Earlier this month, the firm received a USD 1.2 billion check from its parent, Walmart.

Senior vice president Stephen Zhu Jingshi will take over Qiu’s role at Didi.