The market space for primary care worth 450 billion yuan is opening to private institutions. NewsDeals | Bohou Medical Received Tens of Millions of Yuan A Round Financing from Ch-gemstone Capital and Share Capital2 mins read
Didi Chuxing claimed it’s the largest food delivery app in Wuxi city eight days after its launch. NewsMeituan-Dianping and Didi Chuxing both Claim Temporary Victory over Competition to Evolve into China’s Super Service App2 mins read
Tencent works on new retail mainly to promote the expansion of three businesses: financial payment, cloud computing, and advertising. InsightsPony MA: Why Tencent Is Spending so Much Money Purchasing Shares of Offline Retail Enterprises?5 mins read
Plus, Uber acquires bike-sharing startup JUMP. SoftBank Ventures invested $23.5 million in Singapore-headquartered IYUNO Media. NewsKrASIA Daily: China’s Largest News Aggregator Toutiao Taken Offline from Local App Stores, as Regulations on Cyberspace Tightens5 mins read
Phoenix News, NetEase News, and Tiantian Kuaibao were also taken offline from local app stores. NewsChina’s Jinri Toutiao News App Removed from Local App Marketplaces2 mins read
L Square Studio once received angel wheel investment from Sinovation Ventures NewsDeals | Tencent Invests in L Square Studio Tens of Millions of Yuan B Round Financing2 mins read
Alibaba has invested a total $4 billion in Lazada. NewsManagement Reshuffle at Ant Financial: Eric Jing Takes Office as Executive Chairman, While Lucy Peng Doubles Down on Lazada Business2 mins read
Liepin.com claims it’s the largest online headhunters in China focused on mid- to high-end talent by total revenue in 2017. NewsOne of China’s Largest E-Recruiters Liepin.com Filed for HK IPO2 mins read
In less than a month, Dongci has raised two funding rounds. NewsDeals | Music-oriented Short Video-Sharing App Dongci Secures Tens of Millions of Yuan in Pre-A Round3 mins read
Plus, South Korean conglomerate SK Holdings invested in Grab. Mirae Asset Financial Group plans to raise a US$264.8 million fund to invest in Didi Chuxing. NewsKrASIA Daily: Uber and Rival Careem Allowed to Continue Operations in Egypt, Although Former Ruling Ordered the Government to Suspend Their Licenses4 mins read
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