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Alibaba Group Holding has surpassed Tencent Holdings and China Mobile in market capitalisation to become Asia’s richest company. Alibaba’s market value rose to US$261 billion in New York last week, overtaking Tencent’s US$255.98 billion capitalisation in Hong…
Indian online fashion retailer YepMe has raised US$75 million for expansion in a funding round led by Malaysia’s Khazanah Nasional Berhad state fund. YepMe, based in the city of Gurgaon in the National Capital Region, was launched in 2011 by three…
For those of you who are shopping online regularly, Qoo10.sg might be a familiar name. According to Alexa, a website ranking company, Qoo10.sg is the second most popular e-commerce site in Singapore, behind only U.S. online retail giant Amazon.com. Qoo10 is a…
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