ThitsaWorks Gets Funding from BOD Tech to Offer Digitisation Solutions to Myanmar’s Banks, MFIs

ThitsaWorks Gets Funding from BOD Tech to Offer Digitisation Solutions to...

ThitsaWorks, a fintech startup in Myanmar, has received an undisclosed minority investment from early-stage VC firm BOD Tech Ventures. The Yangon-headquartered startup will use the...
Indonesia Launches National Store on Chinese Pinduoduo

Indonesia Launches National Store on Chinese Pinduoduo

The Indonesian government has launched a national online store on e-commerce platform Pinduoduo (NASDAQ: PDD) on Saturday in a move to boost its trade...
Oracle, Walmart, Other US Investors Set to Own Majority Stake in Tiktok Global

Oracle, Walmart, Other US Investors Set to Own Majority Stake in...

US investors, including Oracle Corp, are set to hold at least a 60% stake in TikTok, a person briefed on the matter told Reuters. The...
Standard Chartered : China is the NO1 Contributor to Global Economy Among Emerging Economies

Standard Chartered : China is the NO1 Contributor to Global Economy...

Bill Winters, CEO of Standard Chartered, noticed that China is contributing the most to global economy when asked about the leader among emerging economies....
After Reliance Jio & Amazon, Indian Flipkart Turns Focus to Online Medicine Delivery

After Reliance Jio & Amazon, Indian Flipkart Turns Focus to Online...

After Amazon India, Walmart-owned Flipkart is reportedly looking to enter the epharmacy space as the demand for online medicine delivery services has grown stronger...
ZTE signs cooperation agreement with university in Colombia

ZTE signs cooperation agreement with university in Colombia

  ZTE Corporation (SHE: 000063) , a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today has signed a...
Jumia closes shop in Tanzania, after Cameroon, to focus on mature African markets

Jumia closes shop in Tanzania, after Cameroon, to focus on mature...

Jumia, an ‘Amazon’ for Africa has closed its e-commerce operations in Tanzania, after a similar move in Cameroon, raising questions on the future of...
ByteDance Explores Sale Of Indian TikTok Assets To Rival Firm Glance

ByteDance Explores Sale Of Indian TikTok Assets To Rival Firm Glance

China’s ByteDance is said to be exploring the sale of the India operations of TikTok to rival unicorn Glance, Bloomberg News reported on Saturday. The discussions,...
BYD: from January to July, new-energy auto sales exceeded 160,000 units, up by more than 73% year on year

BYD: from January to July, new-energy auto sales exceeded 160,000 units,...

  BYD (SHE: 002594) announced that it sold 16,567 new energy vehicles in July and 162,220 in January-July, up 73.17% year on year. Sales totaled...
Chinese Alibaba Invests USD 3.6 Billion to Take Control of Retailer Sun Art

Chinese Alibaba Invests USD 3.6 Billion to Take Control of Retailer...

Chinese e-commerce giant Alibaba (NYSE: BABA) will spend approximately USD 3.6 billion for a controlling stake of brick-and-mortar retailer Sun Art Retail Group (HKEX:...
China’s Internet Giant NetEase Sees Robust Growth in Q3

China’s Internet Giant NetEase Sees Robust Growth in Q3

Chinese internet giant NetEase Inc. posted net revenue of 18.66 billion yuan (about 2.83 billion U.S. dollars) in the third quarter (Q3) of the...

Alibaba’s $2 Billion Acquisition Is Due, And Tmall International Executives Take...

The Ali acquisition of the Netease koala transaction has come to an end, will be completed this week.The transaction amount is the same as...