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Indonesia’s Bukalapak aiming for up to $800 million in IPO Рsources

Indonesian e-commerce firm Bukalapak is keen to raise as much as $800 million in an IPO in August

Alibaba executive says founder Jack Ma ‘lying low’

Jack Ma stepped down from Alibaba in 2019 but continued to loom large in the eyes of investors.

Netflix and shop: Online store offers limited-edition merchandise

Merchandise in the online shop will be "carefully selected high-quality apparel and lifestyle products," the company sai...

Alibaba to develop self-driving trucks with logistics unit Cainiao

Chinese e-commerce leader Alibaba plans to develop self-driving trucks with logistics subsidiary Cainiao.

SoftBank-backed DoorDash enters Japan

U.S. food delivery firm DoorDash Inc announced the launch of services in Japan on Wednesday.

Chinese grocery app Dingdong Maicai files for $500 million US IPO

Dingdong last month raised $330 million, in a funding round led by SoftBank Vision Fund, bringing its total fundraising ...

Amazon launches Pharmacy subscription offer in US

Customers can pay as low as $1 per month for select medications, including drugs to treat diabetes and blood pressure, a...

Some Shanghai malls demand to see Covid vaccination proof before entry

China was hard hit by the coronavirus pandemic last year but has since largely contained its spread, though there are st...

Xiaohongshu social media account goes dark after Tiananmen anniversary post

The post was quickly deleted by Xiaohongshu, according to a person familiar with the matter, who declined to be named gi...

Amazon, Facebook targeted by historic G7 deal

Hundreds of billions of dollars could flow into cash-strapped governments by a minimum global corporate tax rate.