Xiaochun Zhao

Meituan-Dianping is the world’s #4 most valuable startup according to CB Insights.

China’s video streaming scene is dominated by three major platforms namely Alibaba-acquired Youku, Tencent’s Tencent Video and Baidu-backed iQiyi.

Plus, Alibaba is in talks to buy a minority stake in Dailyhunt. Dropbox filed for a USD500 million IPO.

Highlights from the past week, as well as something cool for the weekend.

China is the world’s largest EV market and Tesla holds a 3 percent market share.

Momo might be in urgent need of diversifying its revenue sources.

China’s ride-hailing companies are likely to ignite another price war

Plus, Amazon plans to open as many as six more cashier-less stores this year. Toutiao has reportedly acquired augmented reality-based selfie app Faceu for USD300 million.