China is a notoriously difficult market for international startups to crack, but one company seems to have found the recipe for wooing the country’s picky consumers. Three years after Eat […]
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Back to news homeSoftBank, Sequoia China back this ERP startup enabling China’s online exporters
Thanks to cross-border e-commerce platforms, China continues to be a major exporter of consumer goods for the world in the online shopping age. It’s not just marketplaces like Amazon and […]
Ant Group buys Singapore’s 2C2P to further global payments ambitions
Quietly, Alibaba’s fintech affiliate Ant Group has been building a global cross-border payments network by partnering with or investing in third-party e-wallets, banks, remittance services and other ecosystem players. The […]
China’s Zhiyi Tech raises $100M to help fashion brands predict bestsellers
In China, live streaming promotion is emerging as a popular way for brands and influencers to reach consumers, challenging the traditional e-commerce model where users browse static pictures, read reviews, […]
New regulation in China to hit food delivery giants’ profit model
Between 2016 and 2020, the number of people who ordered food online in China doubled to 400 million. The boom was in part thanks to the generous subsidies shelled out […]
Alibaba’s Southeast Asia arm Lazada hits 130M annual consumers
Alibaba has always aspired to bring its e-commerce service to customers outside China. Its strategy is multi-thronged. The giant’s house-developed AliExpress has found success in Russia in recent years. In […]
Lightspeed China raises $920M for new funds, adds five partners
Lightspeed China Partners, the China-focused vehicle of Lightspeed Venture Partners, said Tuesday it has closed the largest fundraising rounds in its history. The new injection came under three years after […]
Ant is changing how consumers borrow money from its app
In December 2020, Beijing laid out a guideline for Ant Group to “rectify” its business after calling off its IPO, which could have been the largest initial public offering in […]
China roundup: Tesla supplier CATL to buy Canada’s Millennial Lithium
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. China’s […]
China Roundup: Beijing is tearing down the digital ‘walled gardens’
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. […]