The initiative marks the first collaborative campaign since Secoo and Parkson formed a strategic alliance in January.
Wang Jing, Founder and CEO of self-driving startup JingChi steps down
It is widely suspected that Baidu’s lawsuit against Wang was the major pressure for the resignation.
Meet Haier’s accelerator arm, Haichuanghui
Haichuanghui fuels entrepreneurs with Haier group’s domestic and international resources.
Shares of luxury ecommerce platform Secoo hit record high above USD 14
This is the first time that Secoo’s closing price has surpassed its IPO price since its listing last September.
Secoo forms strategic offline alliance amid Chinese luxury market revival
The NASDAQ-listed company reveals greater ambitions as its market foothold strengthens.
Tech Financing in India this week – Logistics leap ahead
Don’t miss the latest news on tech and startup scene in India.
Indian ecommerce giant Flipkart infuses logistics subsidiary EKART with USD 257M
The investment came last late year and evidences Flipkart’s ambitions in India’s hugely competitive logistics market.
Financial services & HR analytics platform IDfy lands USD 3M from NEA & others
Advanced predictive analytics help IDfy identify and verify backgrounds and online entities.
Pune-based logistics startup Xpressbees to secure USD 100M investment from Chinese tech giant Alibaba
The forthcoming deal will establish Alibaba’s “iron triangle” of payment platforms, ecommerce, and logistics in the Indian market.
P2P-lending startup AnyTimeLoan lands USD 1.95M from Spice Mobility
This AI and data science-powered lending platform claims to process loans in as fast a one minute.