Technologies and e-commerce development in Asia digest 15/02

E-commerce

Southeast Asia’s ecommerce startups thrive under giant marketplaces’ long shadow. Lazada is expanding the suite of tools for merchants to include fulfillment, store design, and local language translation.

https://www.techinasia.com/southeast-asia-ecommerce-startups-giants

Technology

China’s Tencent Has Quietly Built An Entertainment Empire That Western Tech Giants Can Only Envy. Tencent is best known as the operator of WeChat, an instant-messaging app with 963 million users that also offers services such as shopping, payment and online food delivery. But in recent years the company has built a media and entertainment empire encompassing music, film and television shows. By middle 2018, the series can probably bring Tencent 30 billion yuan ($4.5 billion) in book, IP and gaming sales.

https://www.forbes.com/sites/ywang/2017/12/19/chinas-tencent-has-quietly-built-an-entertainment-empire-that-western-tech-giants-can-only-envy/#48cd794f7304

Fintech

Alibaba to take $486 mln stake in China retail
China’s biggest e-commerce company Alibaba Group Holding Ltd will invest $486 million for a stake in a domestic big- data firm focused on hotels and retail

https://www.reuters.com/article/us-shiji-info-m-a-alibaba/alibaba-to-take-486-mln-stake-in-china-retail-data-firm-idUSKBN1FS108

JD raising US$2.5 billion for its logistics unit: automation, drones, and robotics. https://www.techinasia.com/apac-news-14-02-2018