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Lazada, Alibaba’s Southeast Asia e-commerce business, gets a new CEO – TechCrunch

Alibaba has reshuffled the leadership at Lazada, its e-commerce firm in Southeast Asia, after CEO Lucy Peng — an original Alibaba co-founder — stepped down to be replaced by Lazada executive president Pierre Poignant after just nine…

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Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund – TechCrunch

Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in…


The Cloud Native Computing Foundation adds etcd to its open-source stable – TechCrunch

The Cloud Native Computing Foundation (CNCF), the open-source home of projects like Kubernetes and Vitess, today announced that its technical committee has voted to bring a new project on board. That project is etcd, the…


Walmart partners with Rakuten to open its first e-commerce store in Japan – TechCrunch

Walmart is continuing its strategy of revamping its businesses in Asia after the U.S. retail giant opened its first e-commerce store in Japan, where it is working with local retail giant Rakuten. The companies first…


China’s JD.com teams up with Intel to develop ‘smart’ retail experiences – TechCrunch

Months after it landed a major $550 million investment from Google, China’s JD.com — the country’s second highest-profile investor behind Alibaba — has teamed up with another U.S. tech giant: Intel. JD and Intel said…


Tencent-backed fleet manager G7 racks up $320M in funding – TechCrunch

A sizable funding round is poised to heat up a race to automate China’s logistics infrastructure. Beijing-based fleet management company G7 announced on Monday that it has banked $320 million to drive technological development, bringing its…



Still a year away from launch, Meg Whitman and Jeffrey Katzenberg’s Quibi keeps adding talent – TechCrunch

Video won’t start rolling on Meg Whitman and Jeffrey Katzenberg’s new bite-sized streaming service with the billion dollar backing until the end of 2019, but talent keeps signing up to come along for their ride…


JioSaavn becomes India’s answer to Spotify and Apple Music – TechCrunch

India finally has its answer to Spotify after Reliance Jio merged its music service with Saavn, the startup it acquired earlier this year. The deal itself isn’t new — it was announced back in March —…