Beijing-based online education startup Yuanfudao has developed an AI-powered app to check children’s arithmetic problems.…
What is the hot new “Boundaryless Retail” trend?
Boundaryless Retail is on the rise as Chinese consumers are quickly adapting to buying groceries online for immediate delivery from local offline stores.…
EXCLUSIVE INTERVIEW : Tony Verb on the GBA
Retail in Asia met with Tony Verb to understand the impact of the GBA and the technologies that will change the face of business and drive the new global economy.…
Restructuring for Tencent as challenges rise
Facing increased challenges from tighter government regulations, the Chinese Internet Giant, Tencent Holdings, announced its first restructuring in six years.…
Lego’s big prospects in China
Danish toymaker Lego Group plans to ramp up its China retail rollout with two new flagship stores poised for Shanghai and Beijing by mid-2019.…
WeChat launches digital wallet in Malaysia
Tencent’s WeChat launched its digital payments platform in Malaysia, its first market in Asia beyond China and Hong Kong.…
Is Google going to make it into China?
The goal is to run Google internet-based services – such as Drive and Docs – via the domestic data centers and servers of Chinese providers, similar to the way other US cloud companies access that mar…
‘Summer War’ in the food delivery market on its way
Chinese e-commerce giant Alibaba is preparing to spend big on the country’s food-delivery market, setting aside hundreds of millions of dollars this summer to regain the lead from Tencent-backed rival…
Airwallex rings up US$80 million from Tencent and Sequoia
Airwallex to expand in Southeast Asia supported by Tencent and Sequoia.…
Tencent joins forces with Wanda for omnichannel
In a move that further threatens Chinese e-commerce giant Alibaba Group Holding’s dominance in omnichannel retail, Chinese conglomerate Dalian Wanda Group will join tech giant Tencent Holdings Ltd. to…