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MoBike’s other co-founder
He will probably not just stop here, but to venture into something else. Although it won’t be easy to be right in the centre of something as sensational as MoBike again.
How financial service providers can win over the 600-million strong SEA market
With a young population of 600 million people who love to spend, Southeast Asia has become a magnet for financial services companies, especially major...
Qutoutiao: a startup hitting 1.6B USD valuation in less than 2 years
Qutoutiao has successfully survived in the highly competitive news aggregator market in China, where it is competing with Toutiao and Tencent News. After merely founded less than two years, it is valued at over 1.6 billion US dollars regarding its valuation after this round of investment.
Rocket Internet’s workforce down by 50% – what does that mean?
This is not the first time we wrote about Rocket Internet’s fading star. In fact, it recently (although not openly admitting) closed many of...
Can WeChat Pay and Alipay replicate their successes in Southeast Asia?
China has rapidly developed into the definite global leader in mobile payments. Every time when we go on business trips in China, our foreign...
Chinese media are overly harsh towards the MoBike founder
"An arm can’t win a wrestle against a leg, in China startups can never walk around the giants.”
Alibaba joins with Li Ka-shing in an all-out payments war with WeChat
Since Alipay in Hong Kong formed a strategic cooperation with Li Ka-shing’s CK Hutchison Holdings in September 2017, and WeChat Pay Hong Kong followed...
Alibaba is joining the (reignited) ride-hailing war in China
It is an assault on Didi, but it is also defensive in the scenario that one day Didi might venture into other areas that threaten Alibaba’s empire, or reinforce Tencent’s.
Alibaba is an advertising company, more than an ecommerce one
60% of Alibaba's revenues are now derived from its advertising platform - Alimama.
Thoughts on SEA’s widening losses & Nick Nash’s departure
Shopee is taking the right, albeit very risky, strategy; and Tencent is the wild card