NewsThanks to China’s internet crackdown, Alibaba is finally on Tencent’s WeChatThe walls of China’s tech gardens are slowly being torn down. 1 min read
The company plans to use the money to facilitate its proposed offshore restructuring and fulfill its obligations under the USD 180 million settlement with the US SEC. NewsScandal-hit Luckin Coffee raises USD 250 million, regains trust from investors2 mins read
Genki Forest CEO Tang Binsen is a programmer and former gaming executive who is looking to shake up the beverage industry. InsightsBeverage unicorn Genki Forest wants to be treated like a tech startup, but does the label stick?6 mins read
The retail cloud business is growing rapidly, adding 3,201 new stores last year and achieving profitability. NewsKEY STAT | Retailer Suning expects to turn a profit in Q11 min read
Bukalapak has reportedly hired Bank Mandiri’s securities arm to seek a merger with a US-based blank-check company. NewsBukalapak raises new funds from Microsoft, eyes local listing, report says2 mins read
Pine Labs counts Mastercard, PayPal, and Temasek among its investors. NewsIndian unicorn Pine Labs acquires mobile payment app Fave for USD 45 million1 min read
Following robust growth in international markets, Jet Commerce aims to double its revenue this year. NewsAfter strong international performance in 2020, Jet Commerce touches down in Malaysia3 mins read
Orami boasts more than 5 million monthly active users, as well as a large and loyal community and customer base. NewsE-commerce site Sirclo acquires parenting platform Orami to push social commerce2 mins read
Digitizing offline stores in India has emerged as one of the biggest opportunities in the country. NewsAmazon buys Indian retail tech startup Perpule to extend reach to offline retailers2 mins read
