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Walmart, JD.com invest USD500 mn in Chinese logistics

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09-Aug-18 Logistics services company Dada-JD Daojia has raised USD500 mn from existing backers JD.com and Walmart to quicken the growth of its delivery network across China. Walmart has been pushing to integrate its retail network in China. [image: South China Morning Post]

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Alibaba and Tencent are taking the fight to Southeast Asia

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19-Jun-18 In Southeast Asia Alibaba and Tencent have spent billions to secure major equity stakes in the region’s leading tech startups. Online media, travel, ride-hailing and e-commerce will grow to USD200 bn by 2025, from USD50 bn in 2017. [image: Fortune]

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