By Shuli Ren
The unicorns must be groaning in pain after the latest tax change. With a vigilant taxman knocking on their doors, small merchants may abandon the specialist e-commerce marketplaces.
Singapore is a great testing ground for fintech because the city-state wants to cut flab in traditional industries by increasing competition.
The $40 million that Ant Financial is putting in Akulaku is expected to value the company at $450 million.
DEALSTREETASIA takes a deeper look at the deal fineprint, business metrics and financial ratios of KinerjaPay.
A.S. Watson’s focus remains on physical stores in a market where online shopping has grown much more rapidly than in the rest of the world.
It’s part of a larger shift in the industry as drugmakers scramble to consolidate, seeking to bulk up to survive the increasing pressure from stricter regulations on drug prices and looming patent expirations.
Here are Momentum Works’ 10 predictions for 2019 ranging from ride-hailing and payments to e-commerce and venture capital.
In most Western companies, the chairmanship is a functional position on a board of directors. At Huawei, it’s an honorific title that recognizes seniority and service.
The government says the changes will promote fair trade and curb foreign companies’ influence in setting domestic prices. This means that platforms offered by e-commerce giants such as Amazon and Walmart’s Flipkart may be prohibited from offering their own goods at heavy discounts.
Investments in tech startups are set to surpass $200B this year, the largest since dot-com bubble