Consumer Economy

The new funding raises Carousell’s valuation to over USD 900 million.

CashKaro has launched another platform called EarnKaro.

The move, which the company said will serve to improve consumer safety, is another step for ByteDance towards making Douyin a fully-fledged e-commerce platform.

The “apps inside WeChat” opened the e-commerce possibility for China’s No.1 chatting and social media app.

Haokan, which is similar to Baidu’s Xigua, had 110 million daily active users as of last November.

There are about 3.5 million small neighborhood shops, known as warungs, in Indonesia.

Weishi launched its Chinese Farmers’ Harvest Festival Shopping Season in a bid to get more farmers selling their produce on the the platform.

The e-commerce giant is hitting its growth glass ceiling in domestic market.