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Moglix raises $23M to digitize India’s manufacturing supply chain – TechCrunch

Moglix raises $23M to digitize India’s manufacturing supply chain – TechCrunch We hear a lot about India’s e-commerce battle between Walmart, which bought Flipkart for $17 billion, and Amazon. But over in the B2B space, Moglix — an e-commerce service for buying manufacturing products that’s been making strides — today …

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Alibaba-backed parenting site Babytree starts taking orders for downsized IPO – TechCrunch

Alibaba-backed parenting site Babytree starts taking orders for downsized IPO – TechCrunch A lot of Chinese millennials may be delaying or opting out of childbearing, but those who have committed to parenting often go all out to ensure their children grow up healthy and do well in school. One company …

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WeChat e-wallet teams up with Line to target Japan’s 7M Chinese tourists – TechCrunch

WeChat e-wallet teams up with Line to target Japan’s 7M Chinese tourists – TechCrunch China’s biggest chat app WeChat is set to make its payments service more ubiquitous in Japan, a popular outbound desitnation for Chinese tourists. On Tuesday, the Tencent-run messenger unveils a partnership with Japan’s Line chat app …

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Tencent e-wallet is following Alibaba to Hong Kong subways – TechCrunch

Tencent e-wallet is following Alibaba to Hong Kong subways – TechCrunch China’s payments giants have taken their battle to Hong Kong. Less than a week after Ant Financial announced adding QR codes to the city’s MTR public transport network of rail and buses, Tencent’s WeChat Pay unveiled a similar scheme …

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Hong Kong is adding QR code payments to its subway stations – TechCrunch

Hong Kong is adding QR code payments to its subway stations – TechCrunch A new dispatch from our ‘QR Codes Are Very Much Alive In Asia’ reporting program: Hong Kong’s subway system will soon allow its commuters to pay by scanning QR codes thanks to a deal with Alibaba that …

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11/11 shows biometrics are the norm for payments in China – TechCrunch

11/11 shows biometrics are the norm for payments in China – TechCrunch Chinese consumers were quick to adopt digital payments, and a recent shopping binge showed they are ready for another leap: biometric payments. On November 11, Alibaba wrapped up Singles’ Day – the world’s largest shopping event – and …

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Alibaba rival JD sees Singles’ Day revenue jump 27% thanks to offline push – TechCrunch

Alibaba rival JD sees Singles’ Day revenue jump 27% thanks to offline push – TechCrunch Alibaba may have pioneered the concept of Singles’ Day, the world’s largest shopping day based on sales, but it very much not the only e-commerce giant involved. JD.com, Alibaba’s biggest rival in China, just announced that …

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India’s Meesho, which enables social commerce via WhatsApp, raises $50M – TechCrunch

India’s Meesho, which enables social commerce via WhatsApp, raises $50M – TechCrunch Meesho, a Bangalore-based social commerce startup, has closed a $50 million investment to grow its business in its Indian homeland ahead of future international expansion. This Series C round means that Meesho, which graduated Y Combinator in 2016, …

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Amazon makes offline retail push in India – TechCrunch

Amazon makes offline retail push in India – TechCrunch Amazon unleashed a flurry of new products this week at a U.S. press event, but halfway across the world, it is getting deeper into physical retail in the Indian market. The U.S. e-commerce giant is buying up 49 percent of More …

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Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession – TechCrunch

Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession – TechCrunch Reports of Jack Ma’s impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on the cusp of leaving the $420 billion …

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