NewsZilingo launches “SheWorkz” program to empower underserved womenThe program helps women micro-entrepreneurs earn sustainable incomes. 2 mins read
The old cash-burning gamble does not always pay off. NewsCash-burning e-commerce platform Taojiji offers a debt-for-stake swap plan to pacify thousands of merchants3 mins read
Cloudtail had to temporarily halt its operations in February 2019 due to changes in India’s FDI rules. NewsAmazon India’s biggest seller Cloudtail reports profitability in FY 20192 mins read
True Balance allows users from tier 2 and 3 cities to check their mobile balance without internet. NewsKorean investors put in USD 23 million in SoftBank-backed Indian fintech company True Balance2 mins read
Club Factory, AliExpress, and Shein are under the radar of India’s customs department for evading customs duty. NewsClub Factory raises USD 100 million in Series D round led by Qiming Venture3 mins read
14 of 58 batches of these devices were found unqualified. NewsWatchdog accuses JD.com and Alibaba for hosting unqualified child safety seats1 min read
A cash-burning company’s sad story. NewsAfter gathering 130 million users, Chinese e-commerce platform Taojiji announces hard reshuffle amid debt scandal2 mins read
The platform connecting travelers with local landlords is one of the fastest developing platforms in China in this sector. NewsMeituan rebrands its lodging marketplace to take on Airbnb in China2 mins read
Tokopedia’s gross merchandise value in 2019 is estimated to hit USD 15,6 billion, equivalent to 1.5% of Indonesian GDP InsightsTokopedia projects to contribute USD 12 billion to the Indonesian economy this year3 mins read
NewsDeals in brief: GIC backs legal AI firm Harvey, Amity and Startale raise funding, China logs 14 investments, and more
