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WeChat is quietly ranking user behavior to play catch-up with Alibaba – TechCrunch

Over one billion people leave behind trails of information on WeChat every day as they use the messenger to chat, read, shop, hail rides, rent umbrellas and run many other errands. And the Tencent app…

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LemonBox, which brings US vitamins to Chinese consumers, raises $2M – TechCrunch

LemonBox, a Chinese e-commerce startup that imports vitamins and health products from the US, has raised $2 million to develop its business. The company graduated from Y Combinator’s most recent program in the U.S. and,…


Payment service Toss becomes Korea’s newest unicorn after raising $80M – TechCrunch

South Korea has got its third unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new round is…



SimbaPay launches Kenya to China payment service via WeChat – TechCrunch

More posts by this contributor Africa’s agtech wave gets $10 million richer as Twiga Foods raises more capital Nigerian data analytics company Terragon acquires Asian mobile ad firm Bizense Forging another link between Africa and…


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…




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…