Xiaochun Zhao

The bike-sharing startup had just closed a $350 million round led by Alibaba’s affiliate Ant Financial earlier this month.

Plus, UrWork, the leading co-working space operator in China, has rebranded into Ucommune. Uber has agreed to sell its auto-leasing subsidiary Xchange to startup car marketplace Fair.com.

Plus, Faraday future reported having secured $1 billion investment. Spotify is reportedly poised to get listed within a year.

News and features for your Christmas leisure time.

Plus, Global Logistic Properties (GLP), claimed that it had established two new European funds. Y Combinator invests in SendBird, a company that provides chat API.

The ride-hailing company raises its cash reserves up to $12 billion.

Plus, Temasek led an $80 million financing round of biopharmaceutical company Tessa Therapeutics. European Court rules Uber is a taxi service.

The deal marks Mobike’s first investment from an overseas investor.