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China’s fastest growing e-commerce startup Pinduoduo in disputes with merchants

Pinduoduo is an e-commerce platform allowing users to participate in group buying deals. It was founded by Colin Huang as Shanghai Dream Information Technology Co., Ltd. in September 2015.

Pinduoduo

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

Pinduoduo, which rides the wave of popularity of WeChat, claimed it has punished over 200 stores on its platform, less than three out of ten thousand among its monthly active shop owners.

China’s fastest growing e-commerce startup Pinduoduo in disputes with merchants | KrASIA

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Spotlighting Asia&#039;s next wave of innovations.

KrASIA

I'm Xiaochun with KrASIA [kri’eɪʃə], a newborn digital media with a dedication to help Asia uncover its innovations and to create.

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Xiaochun Zhao

Losing $300M in 2017, Didi Chuxing Wants to Turn a Profit in 2018 Amid Fierce Competition

Didi Chuxing Technology Co., formerly Didi Kuaidi, is a Chinese transportation network company, artificial intelligence and autonomous technology conglomerate.

Didi

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

Transport or transportation is the movement of humans, animals, and goods from one location to another. 

Transportation

The company is making hefty investments to fuel overseas expansion and is locked up in a subsidy-fueled battle with Meituan-Dianping at home.

Didi Chuxing retains drivers’ income probably to relieve financial burden | KrASIA

Didi Chuxing retains drivers’ income probably to relieve financial burden

Didi Chuxing has drawn fire from the public after the death of a female passenger allegedly killed by a Didi driver.

Didi Chuxing launches in Australia in expansion push, upping rivalry with Uber amidst troubles back home | KrASIA

Didi Chuxing launches in Australia in expansion push, upping rivalry with Uber amidst troubles back home

The bike-sharing startup said it has turned a profit in over 100 Chinese cities.

Ofo claims to generate RMB 100 million in just two months amidst signs of cash woes | KrASIA

Ofo claims to generate RMB 100 million in just two months amidst signs of cash woes

GrabTaxi Holdings Pte. Ltd. is a transportation network company based in Singapore. In addition to transportation, the company offers food delivery services via mobile app. It operates in the Southeast Asian countries of Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia. 

Grab

Singapore may be the first country for Grab to kick off its robo-taxi services.

Grab in talks with Didi Chuxing for partnerships to get the most out of self-driving cars | KrASIA

Grab in talks with Didi Chuxing for partnerships to get the most out of self-driving cars

A peek into the booming tech ecosystem of Southeast Asia.

SEA Tech

Tencent will buy up to USD50 million worth of the notes.

SEA to offer $400m convertible notes after losses tripled in Q1 | KrASIA

SEA to offer $400m convertible notes after losses tripled in Q1

Naspers, investor behind the savviest bet in Tencent, is rumored to invest in Carousell

About a month ago, Carousell announced a USD85- million Series C round led by Rakuten Ventures and EDBI.

Deals | Naspers, investor behind the savviest bet in Tencent, is rumored to invest in Carousell | KrASIA

Deals | Naspers, investor behind the savviest bet in Tencent, is rumored to invest in Carousell

Chinese regulators introduced CDR trial rules last week.

Baidu reportedly to be the first overseas-listed Chinese company to relist in China, ahead of Alibaba and JD | KrASIA

Baidu reportedly to be the first overseas-listed Chinese company to relist in China, ahead of Alibaba and JD

Byton, formerly known as Future Mobility, was founded in Nanjing in 2016 and is led by former BMW executives. It claims its concept SUV costs 40% cheaper than a Tesla Model X.