Hong Kong becomes battle ground for digital payment platforms of Tencent, Alibaba

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The city has become an important testing ground for Tencent’s WeChat Pay, and Alibaba’s Alipay, dominant rivals in mainland China

DHL eCommerce bets on next-day delivery service, ties up with Shopee Malaysia

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DHL eCommerce, a unit of Deutsche Post DHL Group, is ramping up presence in the Southeast Asian markets it is present in.


Zilingo in talks with existing investors to raise $80m Series D funding

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The latest deal could value the three-year-old e-commerce startup at over $500 million.


Flipkart India races ahead of rival Amazon in six monthly sales growth

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In the six months to 30 June, gross sales at Flipkart jumped by roughly 50%, while Amazon India’s gross sales increased by 35-40%.


China said to freeze game approvals amid agency shakeup

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The whole sector has been rattled as gaming companies from online giant Tencent Holdings Ltd. to small developers await approvals.


Criticism prompts India to review its e-commerce policy draft

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The changes would tighten restrictions on global giants like Amazon.com Inc. and Google and may bolster local startups such as digital payments provider Paytm.


Amazon invests another $386m in India business

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The latest capital infusion brings Amazon’s total investment in India to $4 billion in its five years of operations.


Two Chinese EV sharing startups raising $730m to fuel growth

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Caocao Zhuanche, backed by Zhejiang Geely Holding Group, and EvCard, an under state-owned SAIC Motor Corp, are looking to raise funds.


Philippine regulator approves Grab-Uber deal with caveats

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Grab has been asked to improve fare transparency and acceptance rates for bookings, respond faster to complaints, and re-evaluate drivers incentives.


Indian competition watchdog CCI questions Flipkart’s discounting practices

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On Wednesday, CCI approved Walmart’s $16 billion acquisition of Flipkart but expressed concerns about the latter’s discounting practices.