Xiaochun Zhao

iQiyi is raising up to $2.7 billion through a Nasdaq-listing next week.

Plus, Alibaba injects another USD 2 billion in Lazada and kicked off a discount app in China. 

Leveraging on China’s super app WeChat, Pinduoduo is China’s 2nd largest e-commerce app.

Plus, Go-Jek provides micro-credit program to take on Grab Financial. Ola and Uber drivers in India are expected to go on a strike today.

Plus, WeChat Pay will be available to pay for ComfortDelGro Taxis. Amazon Japan had been raided by regulators.

Chief researcher at MSR is likely to resign from Microsoft to work for Robotics X.

Qu Toutiao, or Fun Headlines, mulls an IPO in the US as soon as this year.

Plus, Singtel Innov8 invests in AI for IT operations startup Moogsoft.  Walmart mulls to become Flipkart’s largest shareholder.