Behind China’s crackdown on tech giants

Behind China’s crackdown on tech giants

How China’s antitrust stance will impact tech giants and Southeast Asian startups, and the Singapore-bases SaaS startup that recently raised money Read more »

China’s central bank says digital yuan to co-exist with Alipay, WeChat Pay

The People’s Bank of China director said that the digital currency will serve as a back-up to existing mobile payment players in the country. Read more »
Alleviating rural Indonesia’s FMCG issues

Alleviating rural Indonesia’s FMCG issues

A startup that’s tackling the FMCG foibles of rural Indonesia, and the latest fintech firm to get funding Read more »
​Alibaba has major ambitions for Vietnamese businesses

​Alibaba has major ambitions for Vietnamese businesses

Chinese e-commerce giant Alibaba wants to have over 10,000 Vietnamese small and medium-sized enterprises selling on its platform by 2025. Read more »
Alibaba assists Vietnamese SMEs to access international markets

Alibaba assists Vietnamese SMEs to access international markets

The two sides will work together in three main fields, including exporting, developing Vietnamese trademarks, and enhancing the cross-border e-commerce capacities of Vietnamese businesses. Read more »

Report: Chinese regulator to set new rules for ecommerce festive sales

The market regulator said it will increase scrutiny on major promotional events and cited Singles’ Day. Read more »

Chinese regulator fines Tencent, Baidu, others for antitrust violations

A total of 12 companies including Alibaba, ByteDance, JD.com, and Meituan were each fined US$77,000. Read more »

Sources: Tencent is next in line to face Chinese antitrust regulators

Jack Ma’s Ant Group has recently faced similar measures in China, which hampered its would be blockbuster IPO. Read more »
Robotics cafe startup Ratio nets $10m in series A round led by Frasers Property

Robotics cafe startup Ratio nets $10m in series A round led by Frasers Property

Co-working unicorn JustCo and zVentures, the venture arm of gaming and lifestyle brand Razer, also participated in the fundraise. Read more »
E-commerce realm requires roadmap

E-commerce realm requires roadmap

The growing demand for imported products in Vietnam and other markets will fuel runaway growth for cross-border e-commerce. However, the speed of expansion could also impose a burden on the... Read more »

China finalizes new anti-monopoly rules for tech companies

The rules, which clamp down on anti-competitive behavior, are effective immediately.  Read more »
Sea’s shadow looms over a Gojek-Tokopedia merger

Sea’s shadow looms over a Gojek-Tokopedia merger

As both companies face strong competition at home, a merger would refresh their IPO narrative. But it would also put them in the middle of Sea’s crosshairs. Read more »
The messy demise of an investment platform

The messy demise of an investment platform

Investment platform CoAssets loaned millions of dollars from investors and is now unable to pay them back, and Jack Ma’s net worth declines sharply following China’s antitrust scrutiny Read more »

China should consider digital tax for large tech firms, official says

The development comes as China has recently been strengthening its supervision of large tech enterprises, including titans Alibaba and Tencent. Read more »
Jack Ma makes first public appearance in months of disappearing

Jack Ma makes first public appearance in months of disappearing

Jack Ma, the founder of Alibaba in China, makes his first public appearance after nearly three months of being out of public view as his tech empire continues to grapple... Read more »
Jack Ma makes first public appearance in months

Jack Ma makes first public appearance in months

Jack Ma, the founder of Alibaba in China, makes his first public appearance after nearly three months of being out of public view as his tech empire continues to grapple... Read more »
Ecommerce war rages between Alibaba and Shopee in Vietnam

Ecommerce war rages between Alibaba and Shopee in Vietnam

Ngoc understands why: Shopee is known for free deliveries. “From the beginning, Shopee has been geared toward low fees. People associate it with free shipping,” Ngoc told Nikkei Asia. Free... Read more »
Why Shopee and Alibaba clashing in Vietnam?

Why Shopee and Alibaba clashing in Vietnam?

For Nguyen Ngoc, a merchant in Ho Chi Minh City selling blouses and wallets, a typical way to reach online customers is through Facebook. But these customers often ask to... Read more »
Why billionaire Jack Ma ‘disappears’ while China investigating Alibaba

Why billionaire Jack Ma ‘disappears’ while China investigating Alibaba

Mystery has deepened about the whereabouts of Chinese billionaire Jack Ma following reports that the Alibaba founder has not made any public appearance in the last two months. Read more »
Billionaire Jack Ma’s Alibaba hit with antitrust probe

Billionaire Jack Ma’s Alibaba hit with antitrust probe

China kicked off an investigation into alleged monopolistic practices at Alibaba Group Holding Ltd. and summoned affiliate Ant Group Co. to a high-level meeting over financial regulations, escalating scrutiny over... Read more »
Ant Group, the silent investor in Vietnamese fintech, files for IPO in Shanghai and Hong Kong

Ant Group, the silent investor in Vietnamese fintech, files for IPO in Shanghai and Hong Kong

Ant Group, an affiliate of China-based multinational technology corporation Alibaba, has just announced its ambition to file for an initial public offering (IPO) in Shanghai and Hong Kong. Read more »
Follow Tiktok And Wechat, Alibaba Could Be Trump’s New Target

Follow Tiktok And Wechat, Alibaba Could Be Trump’s New Target

As a symbol of success in the Chinese technology sector, Alibaba could become one of the potential targets of the US, after Huawei, TikTok and WeChat. Read more »
Capital inflows to Southeast Asian startups up 91 per cent despite outbreak

Capital inflows to Southeast Asian startups up 91 per cent despite outbreak

Southeast Asian startups, especially e-commerce and fintech companies, have witnessed a significant increase in their investment attraction between April and June with the global public health challenge continuing to exert... Read more »
Alibaba’s valuation surpasses Facebook, Chinese stocks spark concerns

Alibaba’s valuation surpasses Facebook, Chinese stocks spark concerns

Alibaba’s stock price shoots up, brought the market capitalization of the Chinese e-commerce mammoth top the global social network Facebook. However, experts were giving out warnings about the Chinese... Read more »
Vietnam targets 55% of population shopping online by 2025

Vietnam targets 55% of population shopping online by 2025

Hanoi and Ho Chi Minh City would make up half of the country’s e-commerce revenues in the next five years. Read more »
E-commerce provides opportunities for businesses to boost exports

E-commerce provides opportunities for businesses to boost exports

Amid the ongoing negative coronavirus impact, huge swathes of local small and medium-sized enterprises (SMEs) are paying close attention to digital solutions that utilise artificial intelligence technology to increase exports... Read more »
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