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Wind down from a busy Friday by catching up with the key ecommerce headlines here.

1. Indonesia’s HaloDoc Raises $13 million in Series A, from Singaporean private equity firm Clermont and NSI Ventures

The app is available for Android and iOS and offers a full range of services: online consultation, medicine delivery, on-demand lab tests, a hospital and doctor directory, as well as an appointment scheduler. There’s no web version of it, just the app. Read the rest of the story here.

 

2. New Amazon data from Wall Street should terrify all retail stores in the US

 According to a note published on Thursday by financial firm PiperJaffray, Amazon now has a warehouse or delivery station within 20 miles of 44% of the US population. Read the rest of the story here.

 

3. Rocket Internet’s Home24’s valuation fall sparks concerns of downgrades in other Rocket firms

The volatile shares of Rocket Internet dropped on Thursday after the German e-commerce investor slashed the valuation of its Home24 online furniture business by more than half in a funding round. Read the rest of the story here.

 

4. Maybank partners with Samsung Pay to strengthen presence across Singapore

The launch of Samsung Pay in Singapore follows the bank’s introduction of its mobile wallet in Malaysia last month, and will be followed by the progressive roll‐out of other digital initiatives across the region. Read the rest of the story here.

 

5. Alipay takes part in $460 million stake in Yum China, To Implement Alipay in KFC and Pizza Hut

This collaboration will see Yum China move into a new chapter of world class mobile payment services for tens of millions of customers across its brands. Read the rest of the story here.

Yum! Brands has agreed with two partners to invest $460 million into Yum China, following its spinoff from the American fast-food giant, reports Retail News Asia.

Also involved are China-based global private equity firm Primavera Capital Group and online Alibaba subsidiary, mobile financial services provider Ant Financial Services Group, which runs Alipay.

Under the terms of the agreements, Primavera and Ant Financial will invest $410 million and $50 million respectively in Yum China.

This collaboration will see Yum China move into a new chapter of world class mobile payment services for tens of millions of customers across its brands. 

“These services include hassle-free Alipay for customers to help shorten queues at the cashier, including membership services for Yum China which are designed to help manage customer relations and promotions,” says Ant Financial Service Group President, Eric Jing.

Yum! brands KFC and Pizza Hut have seen promising marketing results through promotions on multiple Ant Financial platforms. As a licensee of Yum! Brands in China, Yum China Holdings will have exclusive rights to KFC, Pizza Hut and Taco Bell, the latter has yet to expand to China.

KFC and Pizza Hut have more than 7,200 restaurants in more than 1,000 cities in China.

A version of this appeared in Retail News Asia on September 9. Read the rest of the story here