Insights
15-May-19 Indian online grocery delivery start-up Grofers has secured USD200 mn from investors led by SoftBank’s Vision Fund, in the USD100 bn investment vehicle’s latest bet on India's technology sector. Grofers claims to have achieved annual revenue of USD400 mn. [image: Reuters / Issei Kato / File Photo]
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Insights
11-Apr-19 JD.com’s 7Fresh and Yonghui Superstores are set to co-invest RMB5 bn (USD750 mn) in Thailand to establish sourcing and distribution of tropical fruits, including RMB1.5 bn of durians, mangosteens, longans, and coconuts from Thai agricultural brands.
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Insights
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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Insights
28-May-18 Grocer Twentyoff has thrown its hat into the saturated e-commerce ring in Singapore, with one mission: make online grocery shopping more sustainable. It wants to reshape consumption habits by encouraging bulk purchasing. [image: 1sock, CC BY-NC-ND via IFPRI Flickr]
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