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Tencent doesn’t have a platform to directly rival Alibaba’s Taobao, but it remains relevant in the e-commerce space thanks to WeChat and investments in other e-commerce platforms.
The company is a spinoff of Chicago-based MRO products giant Grainger.
Dingdong is likely in the process of arranging pre-listing equity allocation, says one industry investor.
Technology-enabled grocery service and B2B agricultural provider Sayurbox has partnered with over 10,000 farmers in Indonesia.
Flipkart competes with deep-pocketed conglomerates such as Amazon and Reliance Jio in India’s soon-to-be USD 111 billion e-commerce market.
The Saudi startup also plans to integrate third-party financial services on its platform, a move that will create more value for its clients.
TikTok Shop was launched in Indonesia in mid-April, at the beginning of Ramadan, with heavy celebrity endorsement.
![Atractive fit woman works out with dumbbells as a fitness conceptual over dark background. [Photo: Tuchong]](https://console.kr-asia.com/wp-content/uploads/2021/05/bodybuilding-1175x500.jpeg)
Investor CICC Capital expects Supermonkey to take a dominant role in China’s fragmented fitness sector.
With most countries still banning large gatherings, Muslims are heading online to search for new clothes ahead of Eid al-Fitr.