Indian Flipkart, Amazon Get Notices over Non-Compliance of Country of Origin...
The Ministry of Consumer Affairs, Food and Public Distribution on Friday issued notices to Amazon India and Walmart-backed Flipkart for not displaying the country...
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...
Ant Group Gets Chinese Nod for HK Leg of $35b Dual-Listing
China’s Ant Group has received approval from the Chinese securities regulator for the Hong Kong leg of its about $35 billion dual-listing, a person...
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:...
Chinese OnePlus Launches New 5G Smartphone amid Intensified Competition
Chinese smartphone vendor OnePlus unveiled its latest 5G smartphone, as the company works hard to expand its popularity among consumers who prefer premium products.
The...
Chinese Meituan Rolls Out Livestreaming Tools for Educational Businesses
China’s largest food delivery company Meituan (HKSE: 3690) has unveiled livestreaming tools for traditional educational businesses at a conference of school principals held earlier...
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...
Baidu Rolls Out Apollo Go Robotaxi Service for Free in Beijing
China’s largest search engine company, Baidu on Sunday kicked off its self-driving taxi service—Apollo Go—in the districts of Haidian and Yizhuang, Beijing, moving to...
China’s Two Largest Esports Streaming Platforms Announce Merger
Gaming-centric livestreaming platforms Huya (NYSE: HUYA) and Douyu (NASDAQ:DOYU) have entered into the Tencent-initiated merger plan, which is expected to close during the first...
Alibaba to Acquire 10% Stake in Swiss Duty-Free Group Dufry, Inks...
China’s Alibaba plans to acquire a stake of up to 9.99% in Swiss duty free group Dufry, Dufry said on Monday, as it announced...
Gurugram-Based B2B2C Ayurveda Tech Platform Nirogstreet Raises $2M in Pre-Series A...
NirogStreet, a Gurugram-based technology-led Ayurveda platform, has raised $2 million in Pre-Series A funding led by Wavemaker Partners and Amand Ventures. Existing investor Spiral...
Indian Startups to Move CCI against Google
A group of 15 startup founders held a virtual meeting with the Competition Commission of India (CCI) on Saturday to apprise the regulator about...
