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Why livestream retail is set to grow well beyond China
For a barely five-year-old channel, livestream commerce has grown exponentially. Originating in China in 2017 on platforms such as Taobao, Weibo and WeChat, it grew there at a compound annual growth rate of mo...
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Indonesia’s GoTo posts net loss, warns of volatile market
GoTo, which went public earlier this year, posted a net revenue of 3.4 trillion rupiah for the first half.
Meta and Jio Platforms launch end-to-end shopping feature on WhatsApp
The new shopping feature allows consumers to purchase directly on the app.
India’s Reliance to develop new smartphone with Google in $25 billion 5G push
Mukesh Ambani said Jio's 5G network will be the world's largest, launching in main cities including New Delhi and Mumbai...
Grab says delivery business softening, still ‘laser-focused’ on profitability
Delivery-based ecosystem operator plans new products that will help it focus on "profitable loyal customers".
South Korean grocery-delivery startup Kurly wins IPO nod
Kurly has seen annual revenue grow threefold to 1.6 trillion won (US$1.19 billion) in 2021 from 426 billion in 2019.
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