By Shrutika Verma
Paytm in talks to raise $500 million to build New Retail, which will be its attempt to create a business along lines of China’s Koubei & Meituan.
Amazon’s latest numbers for its international business halts a run of rapidly increasing losses, due to its frenetic pace of investments in geographies like India
The launch of Helo marks a significant departure from the way most Chinese internet giants have operated in India so far.
SoftBank said the service will be launched in autumn through a joint venture with Yahoo Japan Corp.
Grab in a written response said the commission allowed other players and new entrants to maintain or enter into exclusivity arrangements with drivers, private hire rental fleet and taxi operators without restrictions.
Some of the country’s business leaders have criticised Japan’s slow adoption of innovative technology and warned the country was lagging overseas rivals in areas such as artificial intelligence.
Esports is taking off globally but nowhere more so than in China: a nation of over 400 million gamers fueling viewership comparable to U.S. pro sports.
Metromile, which offers pay-by-the-mile auto insurance targeted at infrequent drivers, currently operates in California, New Jersey and six other states, with aspirations to go nationwide.
Alibaba is beefing up Ele.me’s war chest at a time when top competitor, Meituan Dianping, is preparing for a $4-billion HK listing.
Grab announced its foray into grocery delivery earlier this month in partnership with HappyFresh.