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Ant Financial Services Group, formerly known as Alipay, is an affiliate company of the Chinese Alibaba Group. Ant Financial is the highest valued fintech company in the world, and the world's most valuable unicorn company, with a valuation of US$150 billion. 

Ant Group

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

Ant Financial becomes a minority shareholder of Hong Kong-based dining guide platform OpenRice.

Alipay’s Scramble for the Mobile Payment Market in Hong Kong | KrASIA

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Alipay’s Scramble for the Mobile Payment Market in Hong Kong

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

I'm Xiaochun with KrASIA [kri’eɪʃə], a newborn digital media with a dedication to help Asia uncover its innovations and to create.

https://secure.gravatar.com/avatar/760c9db0d4ccfee316355af963bfcbc0?s=96&d=mm&r=g

Xiaochun Zhao

Behind the scenes of the yet-to-close Ofo-Alibaba deal.

Didi Reportedly Curbs Ofo Financing Amidst Launching An Ofo Rival | KrASIA

Didi Reportedly Curbs Ofo Financing Amidst Launching An Ofo Rival

Gojek is a transportation network company and logistics startup company based in Jakarta, Indonesia.

Gojek

Transport or transportation is the movement of humans, animals, and goods from one location to another. 

Transportation

Plus, Uber Singapore and ComfortDelGro (CDG) launched their low-cost ride-hailing service UberFLASH. Xiaomi and Shunwei Capital invested in Indian social networking platform ShareChat.

KrAsia Daily: Go-Jek Takes on Competition with Grab, with Google, Temasek and Meituan-Dianping behind Its Back | KrASIA

KrAsia Daily: Go-Jek Takes on Competition with Grab, with Google, Temasek and Meituan-Dianping behind Its Back

GrabTaxi Holdings Pte. Ltd. is a transportation network company based in Singapore. In addition to transportation, the company offers food delivery services via mobile app. It operates in the Southeast Asian countries of Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia. 

Grab

Plus, Didi launched its bike rental platform in Beijing and Shenzhen. Polling company SurveyMonkey is preparing to go public later this year.

KrAsia Daily: Grab Enriches Its Indian Think Tank By Acquiring Mobile Payment Startup Ikaaz | KrASIA

KrAsia Daily: Grab Enriches Its Indian Think Tank By Acquiring Mobile Payment Startup Ikaaz

Kuaishou (Chinese: 快手) is a platform for recording with millions of original fresh videos everyday.

Kuaishou

Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. 

Entertainment

It appears to be expanding into SE Asia with a potential IPO plan said to be resurfacing.

Deals | Short Video/Livestreaming App Kuaishou Looking at USD 1BN Financing to Get Ahead of Competition | KrASIA

Deals | Short Video/Livestreaming App Kuaishou Looking at USD 1BN Financing to Get Ahead of Competition

JD.com, Inc., also known as Jingdong and formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing.

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

Plus, Tencent-backed video site Kuaishou seeks US$17 billion valuation. YouTube will impose stricter criteria for the types of videos that can earn money on the site.

KrAsia Daily: JD Expand Its E-Commerce Footprint in Vietnam by Becoming Tiki's Largest Shareholder | KrASIA

KrAsia Daily: JD Expand Its E-Commerce Footprint in Vietnam by Becoming Tiki&#8217;s Largest Shareholder

Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet and technology. 

Alibaba

China’s top bike-sharing startup appears to be undergoing cash woes.

Deals | Raise or Fail? Ofo Reportedly Seeking New Financing to Sustain Operation | KrASIA

Deals | Raise or Fail? Ofo Reportedly Seeking New Financing to Sustain Operation

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

Gobi Partners has raised nine funds to date, and has invested in over 170 portfolio companies across China and ASEAN.

Deals | Gobi Partners Leads a RM4 million Pre-Series A Investment in Zoom | KrASIA

Deals | Gobi Partners Leads a RM4 million Pre-Series A Investment in Zoom

Xiaomi Corporation is a Chinese electronics company headquartered in Beijing. Xiaomi makes and invests in smartphones, mobile apps, laptops, and related consumer electronics.

Xiaomi

Plus, Money Forward made a significant investment in Jakarta-based startup Sleekr. CrytoKitties has closed a $70 million Series A round.