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Update news tencent
Ride-hailing firms Grab and GoViet, a subsidiary of Indonesia's Gojek, have taken turns to announce plans to pump additional funding into expanding their services in Vietnam to win more riders in this fast growing market.
Despite non-stop spending, Lazada remains overwhelmed by local platforms Sendo and Mobile World, in addition to other players Shopee and Tiki.
Though the revised tax administration law passed by the National Assembly takes into account the management of cross-border business, charging taxes on these business activities is not a simple task.
Apple Inc said it will launch its payment service in China as soon as 2016, pitting it against entrenched Chinese rivals Alibaba Group Holding and Tencent Holdings.