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Alibaba

Alibaba boosts its offline reach with $2B+ investment in outdoor digital marketing firm – TechCrunch

Alibaba is investing big bucks into offline distribution. The Chinese e-commerce giant has forked out $2.23 billion in exchange for a sizeable piece of Focus Media, a Shanghai-based company that operates outdoor digital advertising screens across China, Singapore and Hong Kong, according to a U.S. filing. The deal itself...

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Hong Kong’s GoGoVan raises $250M from investors including Alibaba’s logistics subsidiary – TechCrunch

Logistics on-demand service GoGoVan became Hong Kong’s first billion-dollar startup via a merger last year, and now is doubling down on growth after raising $250 million in new capital. The new round was led by InnoVision Capital, with participation from the Russia-China Investment Fund, Hongrun Capital and...

Logistic...

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How Alibaba’s Dingtalk became China’s largest enterprise messenger app with 100m users

Alibaba’s Dingtalk app now boasts of 7 million enterprise clients – including the Chinese police. / Photo credit: Dingtalk Tencent’s WeChat has become the default messaging app of everyday life in China, but there’s one territory that it has yet to conquer: the workplace. There’s a list...

Alibaba’s Dingtalk app n...

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Brief: JD’s financial arm banks $2b funding, Indonesia lifts Tik Tok ban

Photo credit: Tech in Asia JD’s financial arm pulls in US$2 billion (China). JD Finance, which is on course for an initial public offering, has reportedly doubled its valuation to US$18 billion after the fundraising. Backers of this latest round included CICC Capital, China Securities, Citic...

Photo credit: Tech in Asia JD&...

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Brief: JD ramps up luxury ecommerce focus

Photo credit: Art Comments Secoo inks US$175 million deal with JD and L Catterton Asia (China). The NASDAQ-listed online luxury retailer announced the strategic partnership, which includes a convertible note investment from JD and the Asia unit of US consumer-focused private equity firm L Catterton. The move...

Photo credit: Art Comments Se...

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China VC has overtaken Silicon Valley, but do aggregate numbers tell the whole story? – TechCrunch

The evidence is increasingly clear: 2018 is the year of the Chinese venture deal. With half of the year now complete, China is driving ahead of Silicon Valley and the rest of the United States on venture capital dollars invested into startups, according to a number...

The evidence is increasi...

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Television content creation in China – TechCrunch

Hugh Harsono is a former financial analyst currently serving as a U.S. Army Officer. More posts by this contributor Bank-based blockchain projects are going to transform the financial services industry How two countries helped drive the recent rise in cryptocurrency prices Content creation has seen immense growth in recent...

Hugh Harsono is...

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Marketplace giants sign EU pledge to remove dangerous goods faster – TechCrunch

Ecommerce giants Alibaba, Amazon, eBay and Rakuten have agreed to speed up the removal of dangerous goods being sold on their online marketplaces within the European Union. The EU’s executive body, the Commission, said the four companies have committed to responding to notifications on...

Ecommerce giants Alibaba,...

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