Wednesday, February 1, 2023

Softbank pushing Didi & Uber to merge?

Meituan's CEO made this claim through a tweet, while his company is assaulting Didi in major cities in China.

Grab finally buys Uber, as predicted. What next?

What are the implications to the market, the users, Go-Jek, and mobile payment development in the region?

Rocket Internet exits Southeast Asia?

Bigger Rocket ventures, especially those active between 2012 and 2015, left a deep mark in the region’s ecosystem.

Why Alibaba is investing in AI for pigs

And Alibaba is not the first major tech company in China to disrupt pig farming

A US$30b company is challenging Didi in China

Didi is valued at US$56 billion with daily order of 25 million; while Meituan is valued at US$30 billion with daily order of 22 million.

Uber is right to shrug off the ‘taxi company’ ruling

We always believed that with the present business model, Uber is essentially a big taxi business with a better customer experience rather than anything...

Why no English media reported THAT Blue incident

A few days ago, we published a blog post on how Bluegogo, the bike sharing company once valued at US$150m, went into free fall...

Real reason for Alibaba’s US$2.9 billion investment in offline retailer

Alibaba Group today announced that it is making a US$2.87 billion investment into Sun & Art Group, a retail group in China that operates...

Fashion ecommerce in SEA, and why Zalora is struggling

Last month, Pomelo, a Bangkok-based online fashion brand, confirmed US$19 million funding led by JD.com, China’s second biggest ecommerce platform. This is shortly after Zilingo,...

I brought only ¥25 cash for a two week trip in...

Yes as the title suggested, I had only ¥25 cash in my pocket when I landed in the Western Chinese city of Chongqing to...

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