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E-commerce fulfillment platform Shippit raises $22.2 million led by Tiger Global

Shippit, a Sydney, Australia-based e-commerce logistics platform, will expand in Southeast Asia after closing a $30 million AUD (about $22.2 million USD) Series B led by Tiger Global, with participati

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Edge computing startup Edgify secures $6.5M Seed from Octopus, Mangrove and semiconductor

Edgify, which builds AI for edge computing, has secured a $6.5m seed funding round backed by Octopus Ventures, Mangrove Capital Partners and an unnamed semiconductor giant. The name was not released b

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Hong Kong and New York-based Easyship joins Shopify Plus’ tech partner program

Easyship, a logistics startup that allows e-commerce sellers to add multiple carriers to their stores, announced it has joined the Shopify Plus Technology Partner Program. Easyship is headquartered i

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Japan Sept. service sector contracts at slowest pace since COVID-19

A street view amid the coronavirus outbreak, Tokyo, Japan, July 16, 2020. /Reuters Activity in Japan's service sector shrank for the eighth straight month in September but at the slowest pace

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Inner Mongolia compiles century-old Manchurian archives

North China's Inner Mongolia Autonomous Region has compiled and published a collection of Manchurian-language historical archives, which date back to the late Qing Dynasty (1644-1911) and years be

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Goldman profit blows past estimates on trading surge

Goldman Sachs Group Inc's trading revenue doubled in the second quarter, driven by big swings in stock and bond markets since March, helping the bank beat estimates for quarterly profit by a wide mar

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European salmon sales to China slowly recovering after virus scare

Frozen seafood products made from imported salmon are seen at a Carrefour supermarket, following new cases of coronavirus disease (COVID-19) infections in Beijing, China June 17, 2020. /Reuters

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20-volume book collection on Japanese invasion published

A collection of books documenting the Japanese invasion of China has been published by the Zhonghua Book Company. The books consist of 20 volumes of archive materials

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UK shuns EU's COVID-19 vaccine program

The UK will not join the European Union (EU)'s COVID-19 vaccine program because it will have no say on negotiations with vaccine suppliers or on prices, UK's ambassado

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China publishes books to explain Civil Code

China has published a set of books to help the public better understand the newly-adopted Civil Code, the publisher said Monday. The books are in seven volumes, dedica

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India's services activity stayed in deep contraction in June: PMI

A waiter wearing a protective face mask serves customers at the Cafe Ekante restaurant, after authorities eased lockdown restrictions that were imposed to slow the spread of the coronavirus disea

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China sees rising collections in public libraries

File Photo: Readers are seen at a reading room of the National Library of China in Beijing, capital of China, May 12, 2020. (Xinhua/Chen Zhonghao) Nearly 1.12 billion

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UK retail sales rebound after record slump

UK retail sales rebounded 12 percent in May as some shops reopened, having slumped a record 18 percent in April after the country entered coronavirus lockdown, official data showed Friday."Retail sal

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China's transport industry quickens recovery in April

China's transport industry recovered faster in April with some indicators reporting growth, official data showed. The country's cargo throughput at ports increased 4.1

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Canada's economy shrank 8.2 percent in Q1: government

VCG Canada's economy shrank at an annualized rate of 8.2 percent in the first quarter as consumers stopped spending and business ground to a halt because of the coronavirus pandemic, the gover

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A Grubhub-Uber tie-up would remake the food delivery landscape

Earlier today news broke that Uber is pursuing an acquisition of Grubhub. The global ride-hailing giant is worth a multiple of the American food delivery service, making the tie-up financially feasibl

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Smartphone shipments in China up 17% in April

A woman uses her mobile phone next to an Oppo mobile handset advertisement in Singapore August 7, 2017. /Reuters Smartphone shipments from China's factories to vendors rose 17 percent in April