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Luckin Coffee stock price surges 20% on Nasdaq trading debut

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Luckin Coffee tops USD 4 billion valuation in US IPO

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JD Logistics plans hiring spree ahead of June festivities

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After years of losses, Alibaba-backed logistics provider Best predicts profits by year-end

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Honestbee to exit Singapore’s food delivery market, suspends on-demand laundry services

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Daimler and Geely set up ride-hailing joint venture in Hangzhou

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FastGo launches Grab competitor in Singapore, but it’s more expensive than other ride-hailers

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On the Move: Early Stage

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Grab Indonesia introduces bus ticket reservations, GrabCar rentals, and electric scooters

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Malaysian authorities lift two ride-hailing rules but sector remains heavily regulated

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After Indonesia introduced minimum tariffs for online motorcycle taxi rides, platforms are already seeing a dip in demand

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Luckin Coffee plans to raise USD 586.5 million in US IPO

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