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Insights
01-Feb-19 Indonesian ride-hailing company Go-Jek has now raised more than USD1 bn with the close of its Series F funding round. Investors included tech giants Google and Tencent as well as Chinese e-commerce player JD.com and Japan's Mitsubishi Corp. [image: afif c. kusuma / iStock Editorial / Getty Image]
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Insights
22-Jan-19 Cross-border e-commerce platform NetEase Kaola will open 15 brick-and-mortar stores during 2019 in a bid to keep up with the Chinese new retail boom. The latest store sells over 3,000 SKUs including cosmetics, maternal and child, luxury, electronics and sportswear. [image: NetEase Kaola]
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Insights
14-Jan-19 Despite the economic slowdown, Chinese tourists did not reduce their foreign travel in 2018, making 140 mn trips abroad, up 13% from 129 mn in 2017. At the same time, domestic tourism within China also increased steadily at 11%. [image: Tourism Review]
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Insights
10-Jan-19 One of Europe’s leading online sports and outdoor platforms enters into a strategic partnership with Aeon Co. from Japan and Central Group from Thailand. According to Signa, both are “Asia’s largest retailers”. [image: Signa Sports United]
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Insights
10-Jan-19 Worldwide users of Alipay, China’s leading online payment platform, have exceeded one billion. Alipay’s Ant Financial Services Group said it had cooperated with nearly ten major overseas smart payment companies, which contributed to its growth in user numbers. [image: Alipay]
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