Here’s why there is a lot riding on the Walmart-Flipkart-Amazon love triangle

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Could Walmart be trying to stay alive in a “one planet, one e-commerce” model of Amazon? The answer to this question may be the key to the unfolding Flipkart acquisition saga.

Indonesia’s Go-Jek eyes Philippine expansion, to meet transport regulator

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Go-Jek executives have requested for a meeting with the regulator next week, Aileen Lizada, a board member at the transport regulator, said.


Former Lazada Vietnam alumni’s startup Intrepid closes $2m round

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Intrepid said the latest funding round was led by a group of Swedish family offices and will primarily be used for rapid expansion across the region.


Alibaba invests $717.2m in rural e-commerce platform Huitongda

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The two companies plan to work together in the areas of supply chain, warehousing, logistics and technologies. Huitongda will also be able to leverage Alibaba’s cloud platform and logistics solutions.


Amazon fastest growing marketplace in India: Jeff Bezos

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The latest shareholder letter from Jeff Bezos shows India remains Amazon’s most important international market, one where it’s locked in a fierce battle with Flipkart


Jack Ma announces $320m investment in Thailand as Alibaba beefs up presence

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Alibaba aims to tap Chinese consumers’ appetite for the Southeast nation’s agricultural goods and for its tourism market amid growing competition from rivals.


Uber doubling down on India investments after exiting SE Asia

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The sale of its business in SE Asia has given Uber more firepower to compete with its Indian rival Ola.


Luxury beauty firms delve into tech M&A to attract online shoppers, younger customers

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The target is to help shoppers replicate online the experience of trying on cosmetics in a store, and use data from smart devices to create personalized makeup for customers.


India: Scooter rental startup Vogo in talks to raise funds from Ola, VC firms

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Vogo Automotive is said to be in advanced talks to raise Rs40-45 crore from cab hailing platform Ola and venture capital firms Stellaris Ventures Partners and Matrix Partners.


Philippines: PLDT to sell part of its Rocket Internet stake for $202m

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PLDT, through PLDT Online, currently owns about 6.1 per cent of Rocket Internet.