Xiaochun Zhao

As Chinese users are used to subsidies, free trials, and coupons, having Alibaba, or its adequate capital behind its back, Hellobike is likely to take on the already fierce fight with top players in t

Plus, Thailand’s CP Group plans to invest $156.8m in India over five years. WeChat rolled out its first staff-less pop-up store in Shanghai.  

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

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

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

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.

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

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