O2O

Alibaba to buy all remaining outstanding shares of local delivery service Ele.me

As expected since February, Alibaba will buy all outstanding shares of Ele.me that it doesn’t already own. Best-known for food deliveries, Ele.me claims to be China’s biggest online delivery and l

Latin America’s chronic inefficiency could drive more O2O commerce growth

There are numerous daily tasks that can be solved with ease in the U.S. In comparison, the lack of training, standardization and process in Brazil creates chronic inefficiencies in the service sector

Alibaba Pictures raises $260M for its online movie ticket platform

Alibaba Pictures, the film and television subsidiary of Alibaba Group, has raised a 1.7 billion RMB (about $260 million) Series A for its online ticketing platform, Taobao Movie. According to a filing

Tencent Strikes Strategic Partnership With Indoor Mapping Startup Sensewhere

Chinese Internet giant Tencent, the maker of WeChat, has pinned down a strategic investment with indoor mapping startup sensewhere. The total amount of the deal was undisclosed, but the companies said

Baidu Issues Disappointing Q3 Forecast As It Invests Heavily In O2O Services

Baidu is focusing aggressively on online-to-offline (O2O) sales, one of the hottest forms of e-commerce in China, but its near-term earnings growth is still under pressure. The company’s shares drop

Alibaba And Subsidiary Ant Financial Plow Almost $1B Into A New Online-To-Offline Joint Venture

Online-to-offline (O2O) commerce and providing ultra-speedy local deliveries are two of Alibaba’s main growth targets. Now the e-commerce giant is significantly increasing its commitment to both ver

Alibaba Invests In Israeli Startup Visualead For Its QR Code Technology

To many U.S. consumers, QR codes already seem like a quaint tech relic, but they continue to be very popular in China. So it’s not a huge surprise that Visualead, an Israeli startup that specializes

FreeCharge, Which Gives Users Coupons For Charging Their Mobile Plans, Raises $33M Series B

FreeCharge, an India-based online platform that lets user earn coupons when they add money to their prepaid mobile phone plans or pay utility bills online, has raised a $33 million Series B from retur

Bindo Raises $1.8M To Help Small Brick-And-Mortar Stores Go Online

The growth of e-commerce behemoths like <a target="_blank" href="http://www.amazon.com">Amazon</a> and the convenience they offer to shoppers have been especially hard on local brick-and-mortar stores

Alibaba Will Pay $692M For 35% Stake In Retail Operator Intime

Alibaba has agreed to pay $692 million for a 35% stake in Intime Retail, which operates department stores throughout China. The two companies will form a joint initiative to focus on offline-to-online

Touchten Adds Offline Rewards, Ropes In TMS Entertainment As An Investor

Touchten, a Jakarta-based mobile games startup, announced today that it plans to add an online-to-offline (O2O) feature to its games, which it hopes will attract and engage users who don't use credit