The need for diagnostic products for common diseases is mounting among grassroots medical institutions. NewsDeals | Healthcare Service Provider HyTriage Scores US$4 Million in New Funding Round to Fuel Market Expansion3 mins read
Plus, the watchdog in Singapore continues the investigation into the Grab-Uber deal. A Russian court ordered to ban Telegram. NewsKrASIA Daily: Ofo Mulls to Take Over HK’s First Bike-Sharing Service GoBee4 mins read
Here are some stories and ideas from the past week that you shouldn’t miss. NewsKrASIA Weekly: China’s Largest News Aggregator Toutiao Under Pressure from Cyberspace Administration2 mins read
Existing investors include WM Motors, Fosun, and GGV Capital. NewsDeals | Ant Financial Invests in China’s Third-Largest Hellobike’s $700 Million Round1 min read
Toutiao is reportedly eyeing to compete with Alibaba and Tencent in instant messaging tool for enterprises. NewsDeals | Toutiao Invested in China’s Google Docs-like Shimo, Paving Out Its Way to Tap into the Enterprise Services1 min read
Cost control is a key element of the commercial aerospace industry NewsDeals | Chinese Equivalent of SpaceX Raises US$ 32 Million in Series B Round to Develop the Country’s First Privately Funded Liquid Rocket Engine3 mins read
Starting from ticketing, the company tries to dig up opportunities in upstream markets within the industry. NewsDeals | Piaoniu.com, a Ticketing Platform Offering Data Service for Companies in Upstream Markets, Finishes Series B Funding3 mins read
Plus, Walmart may buy a majority stake in Flipkart by the end of June. SGX would list Indian equity derivative products in June. NewsKrASIA Daily: Warburg Pincus in Talks to Invest in Ant Financial’s $8 Billion Round4 mins read
The American company faces competition from Ucommune and KrSpace in China. NewsDeals | WeWork China Merges with Local Rival Naked Hub to Beef up Presence in China2 mins read
The company’s operational motto: Refine it, supply chain service in this case, before expanding its reach. NewsDeals | B2B Supply Chain Platform Xianshiji.com Rakes In Series B of Nearly US$15.9 Million Led by IDG Capital and HJ Capital3 mins read