Plus, India’s Jugnoo looks to replace Uber in Singapore. Uber said it’s no longer interested in Grab-style deals. NewsKrASIA Daily: Xiaomi sets cap on profit margin ahead of IPO4 mins read
China has more than 1.5 billion mobile banking customers as of the end of 2017. NewsChina has more than 1.5b mobile banking customers for 20171 min read
Ride-hailing investments include Didi Chuxing, Uber and Grab NewsSoftbank consolidates its US$20b ride-hailing investments under Vision Fund1 min read
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Smartphone media applications have adults turning to their mobile device for media consumption NewsChinese will spend more time staring at their cellphone than watching TV1 min read
Ping An Healthcare and Technology is competing with Alibaba Health and Tencent-backed WeDoctor. NewsDeals | BlackRock and GIC Buying Stocks in China’s Largest Online Healthcare Platform’s HK IPO2 mins read
Technology is being introduced in daily consumption with its evolution and rental services. NewsDeals | Ant Financial Invests Tens of Millions of RMB in Tanworth Angel Round3 mins read
NEIWAI, an underwear brand, has picked up 60 million yuan (approximately US$9.5 million) in series B+ funding from Huaqiang Capital. NewsDeals | NEIWAI, a lingerie brand, scores US$9.5 million in series B+ funding3 mins read
Plus, Razer acquires MOL. Walmart is close to buying a majority stake in Flipkart. NewsKrASIA Daily: Didi Chuxing enters Uber’s key market Mexico 5 mins read
China online food delivery is now a RMB 20 million market NewsChina’s ele.me claims 260m users and 6 billion orders for 20171 min read