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Ekhanei closes down, leaves Bangladesh to Bikroy

Ekhanei closes down, leaves Bangladesh to Bikroy

The owners of general classifieds site Ekhanei.com in Bangladesh (Schibsted, Naspers and Telenor (SnT)), decided to shut the site down today (May 17), since "the market conditions didn't favor online classifieds and the owners were unable to develop the site into a sustainable and profitable business”.



IPO of Ant Financial may be pushed back to 2019

The planned IPO by Alibaba’s (NYSE: BABA) fintech affiliate Ant Financial has been put on hold until at the least the end of 2018, and even 2019, according to the Financial Times. The move is being held up by the Chinese government, which has to approve all foreign listings of Chinese payments companies.


Stuff brands Rakuma, Fril on growth trajectories

Stuff brands Rakuma, Fril on growth trajectories

Rakuma and Fril, two stuff brands of Japan’s e-commerce tycoon Rakuten, continued to record outstanding growth in their gross merchandise sales (GMS) in Q1 of FY2017. Last year also went phenomenally well for the two marketplaces.



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