NewsCHINA BRIEF | Consumer finance platform Qudian invests USD 100 million in luxury e-commerce firm SecooThis investment will give Qudian a 28.9% stake in Secoo. 1 min read
The coronavirus has provided economies around the world with a chance for reflection. InsightsCould COVID-19 prompt more sustainable innovation to fight climate change in China?8 mins read
Facebook and Reliance have filed an application to CCI for an approval. NewsFacebook sets up new entity to acquire stake in Reliance’s Jio Platform2 mins read
In addition to enhancing services for merchants and customers, improving data security for users is also a top priority for Bukalapak today. Insights‘Failure is not an option’: Bukalapak CEO Rachmat Kaimuddin on supporting MSMEs and protecting user data6 mins read
The firm plans to list under the symbol “DADA” on the Nasdaq Stock Exchange. NewsCHINA BRIEF | Online grocery delivery firm Dada Nexus to raise up to USD 280.5 million in US IPO1 min read
Facebook, China Mobile, MTN GlobalConnect, Orange, and Vodafone, announced the go-ahead to build a new subsea cable to serve Africa and the Middle East. InsightsUber discontinues services, a myriad of new launches in media, and some hope from VCs | The Middle East Monthly Roundup6 mins read
Taobao Deals aims to replicate the success of Pinduoduo by bridging factories with consumers. NewsCHINA BRIEF | Taobao’s discount shopping app to start livestreaming1 min read
The Chinese fitness industry has seen the hyper-growth of new business models that previously seemed impossible. InsightsChina’s fitness industry goes pay-per-workout via mini programs4 mins read
New funds will be used to build warehouses nationwide, expand delivery capabilities, and improve the company’s supply chain. NewsCHINA BRIEF | Group-buying platform Nice Tuan scores USD 81.4 million investment led by GGV1 min read