JD.com-Central e-commerce joint venture launches officially in Thailand

By
Posted

In September last year, Central Group and JD.com had announced two joint ventures for e-commerce and fintech with Provident Capital with an aggregate investment of up to $500 million.

India’s Paytm raises $300m from Berkshire Hathaway, regulatory filings confirm

By

It is a rare deal for Buffett, the world’s best known investor, who typically avoids internet firms, and is being considered a boost for India’s startup industry.


Grab in talks to sell minority stake in Thai entity to Central Group

By

Grab is also said to be interested in partnering with JD Central, a $500-million e-commerce joint venture between Central and JD.com.


By betting on ride-hailing, Toyota prepares for future where people don’t buy cars

By

Toyota is seeking an edge over rivals as carmakers are positioning for an uncertain future in which automated driving and the sharing economy threaten to displace the traditional model of vehicle ownership.


Tencent, Alibaba chase remittances in battle for Southeast Asia

By

Southeast Asia, with a growing population of 600 million who mostly lack bank accounts, is a strategic battleground for Asian tech behemoths and their U.S rivals.


Grab bags e-money licence for mobile wallet service in Philippines

By

The Philippines is the fifth country in SE Asia where Grab rolls out its full suite of mobile wallet services.


Grab halts late-night car-pooling service in Singapore after driver complaints

By

Ride-hailing firms in Asia have faced questions about safety after incidents involving drivers and passengers this year.


Singapore’s Fullerton Health, Tencent-backed WeDoctor ink pact for O2O integration

By

Both companies also aim to broaden their reach in the corporate healthcare service market.


Indian govt rethinks e-commerce policy on opposition from stakeholders

By

The government seems to be having second thoughts on coming out with a comprehensive e-commerce legislation, after strong opposition from e-commerce giants such as Amazon and Flipkart. “Various elements of the policy will go into implementation. It is not some single composite effort. It has various diverse elements. Various elements… Read more »


Flipkart acquires Israeli analytics startup Upstream Commerce

By

This is Flipkart’s second acquisition in as many months, after the Walmart-controlled firm acquired Indian AI startup Liv.ai in August.