Tim Culpan
Stories by Tim Culpan
Singapore’s Sea needs a juggling act to crack e-commerce
Sea has made $91.4 million in revenue from its e-commerce unit since the final quarter of 2016, but spent $649 million to promote it.
Beijing towers over China’s next $9b IPO
As investors weigh up whether to buy into China Tower’s IPO, they could build their spreadsheets and run the numbers to compare it with peers. Or t
SoftBank Vision Fund’s planned Flipkart exit shows a lack of vision
The ink is barely dry on SoftBank Vision Fund's purchase of a stake in Flipkart Online Services Pvt and already it's preparing to exit. Masayoshi Son
Of Ant Financial’s lofty valuations and Temasek’s loftier hopes
Temasek is in talks to lead a funding round that could value the Alibaba Group-backed company at $150 billion.
Flipkart can bring in muscle to save money, live better
Flipkart looks set to team up with Walmart Inc., garnering the startup a valuation of as much as $20 billion.
How Jack and Pony Ma are fueling China’s mindless bike-sharing spending spree
Ofo Bicycles Co. may have raised around $1 billion in its latest funding round, which included Alibaba.
Alibaba’s next-gen businesses burn cash but see slowing growth
For the second straight quarter, Alibaba's digital and media entertainment, and innovation initiatives grew at a slower pace than core commerce.
Latest funding makes Meituan the world’s fourth-most valuable startup
Four of the top five unicorns are Chinese, trailing Uber that still holds the crown at $68 billion.
China’s bike rental firms Mobike, Ofo are actually secret cash cows: Gadfly
Their millions of users pay a surety upfront for the right to rent, translating into billions of dollars of cash.