Amazon to close domestic marketplace business in China

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Shoppers in China will no longer be able to buy goods from other third-party merchants in the country.

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China’s P2P lending platform Dianrong raising $100m: Report

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Dianrong is reportedly raising funds as China imposes strict capital requirements for P2P players.


Google blocks Chinese app TikTok in India after court order

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The move comes hours after a court in southern Tamil Nadu state refused a request by China’s Bytedance Technology to suspend a ban on its TikTok app.


India: BookMyShow invests in online ticketing platform AtomX

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BookMyShow will leverage AtomX’s cashless payments platform on NFC cards, wristbands and keychains for digital payments.


SG Digest: Grab to integrate GrabFood into main app; Circles.Life revamps referral programme

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The integration will enable users to redeem GrabRewards vouchers seamlessly rather than toggling between apps.


Asia’s internet giants zoom in on main street banking

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HK’s banking regulator last month issued one of four so-called virtual banking licences to ZhongAn in what could be the biggest shake-up in years in a city dominated by HSBC and StanChart.


Bumpy ride ahead for industry as Malaysia looks set to introduce new e-hailing regulations

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E-hailing operators and drivers say the new regulations will adversely affect them, while taxi companies have asked the government to stick to timeline.


China’s Alibaba endorses 12-hour work shift, draws criticism

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To survive at China’s biggest e-commerce platform, you need to work 12 hours a day, six days a week.


WeLab Digital secures online-only banking licence in Hong Kong

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Others who have secured virtual banking licences include JVs of StanChart and BOC Hong Kong and ZhongAn Technologies arm.


On-demand public transport startup TRON launches in Indonesia, partners US-based Via

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TRON models its service after the once-much-popular Angkot, or public minivans, which used to be the intra-city transportation of choice for many Indonesians.