Koubei
Alibaba injects more services into Juhuasuan to compete with Meituan
Alibaba will bring some of its services from Koubei and Ele.me to Juhuasuan to take on Tencent-backed Meituan.
In brief: Google’s Waymo establishes China unit
A roundup of the latest news from around the region.
In brief: Walmart’s $16b takeover of Flipkart gets regulatory nod
A roundup of the latest news from around the region.
China’s 10 biggest investments in 2017
Here’s the year’s hottest action…
These are China’s 15 most well-funded startups (Infographic)
China’s tech companies attracted record high levels of funding last year. After that flood of cash, let’s see which are now the top-funded startups.
Alibaba confirms $1.1b funding for local services spin-off
The funding for Koubei was announced as Alibaba revealed US$7.7 billion in revenue in the final three months of 2016.
Alibaba reaches 407m shoppers who spent $149b in Q4
That spending figure is the equivalent of the average shopper on Alibaba’s Chinese stores spending US$366 per person.
Alibaba’s O2O deals day shows the difference between China’s North and South
What’s the difference between North China and South China? Beef jerky.
Alibaba puts on-demand services into mobile wallet app
It means that users of Alipay, which is China’s top mobile wallet app, can now find local services like fresh flowers or food delivery inside the app.
Alibaba just threw $1 billion into the battle for China’s local services
Ecommerce titan Alibaba is forming a RMB 6 billion (US$970 million) joint venture company to focus on web-connected on-demand services, such as food delivery.
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