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Insights
15-May-19 Indian online grocery delivery start-up Grofers has secured USD200 mn from investors led by SoftBank’s Vision Fund, in the USD100 bn investment vehicle’s latest bet on India's technology sector. Grofers claims to have achieved annual revenue of USD400 mn. [image: Reuters / Issei Kato / File Photo]
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14-May-19 Alibaba Group is now the most valuable retail brand outside the US and is more valuable than McDonald’s, Home Depot, Nike and Louis Vuitton, says the BrandZ Top 75 Most Valuable Global Retail Brands report. [image: América Retail]
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Insights
13-May-19 Lazada has extended its edge as the most popular e-commerce platform in Southeast Asia despite a decline in visits in the first quarter of 2019. The Alibaba-backed company scored the highest monthly users in Malaysia, Philippines, Thailand and Singapore. [image: SCMP]
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Insights
11-Apr-19 JD.com’s 7Fresh and Yonghui Superstores are set to co-invest RMB5 bn (USD750 mn) in Thailand to establish sourcing and distribution of tropical fruits, including RMB1.5 bn of durians, mangosteens, longans, and coconuts from Thai agricultural brands.
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Insights
25-Mar-19 Online shopping platform Lazada and Mastercard announced a five-year partnership to develop Southeast Asia's e-commerce ecosystem. The duo will develop marketing and education campaigns to increase consumer confidence, as well as reward schemes to incentivise use of digital payments. [image: Mastercard Newsroom]
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