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China's WeDoctor raises USD500 mn in private share sale

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 Insights

09-May-18 WeDoctor Holdings, an online healthcare services provider backed by Tencent Holdings, has completed a USD500 mn private share sale, in the second major equity financing deal in China’s nascent digital health sector in three weeks. [image: SCMP]

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Cross-border is becoming a reflex for e-shoppers

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 Insights

07-May-18 E-commerce is set to account for 14.6% of global retail sales by 2020. China will lead the way and around the world shoppers who shop from international retailers benefit from better prices and greater access to products. [image: Lengow / IMRG]

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Emerging markets will transform e-commerce

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07-May-18 Emerging markets are essential for e-commerce growth, as retailers in developed markets may soon reach saturation in terms of consumer growth. E-commerce penetration rates in these areas hover between 2% and 6%, presenting a huge opportunity for future growth. [image: Shutterstock / Retail In Asia]

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WorldFirst to enter Chinese payment market

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 Insights

03-May-18 The People’s Bank of China has received an application from international payment firm WorldFirst, for permission to conduct third-party payment business in China. The application marks a first for foreign-funded third-party payment institutions in China. [image: iStock / Asia Times]

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