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The buzzword of the world has changed from “connection” to “efficiency” as the industry waves goodbye to fintech 1.0 and ushers in the age of fintech 2.0.

Plus, Singapore’s Leonie Hill Capital is to contribute half of the $60 million fund to invest in intellectual property-based tech startups in Southeast Asia. Uber agreed to buy 24 000 Volvo SUVs.

The bike-sharing company Bluegogo, which envisioned a bright future for itself as recently as the beginning of this year, is now in deep predicament. The cruelty of the bike-sharing battle probably li

Plus, China launched regulations on financial institutions concerning asset management. Tesla received preorders from Walmart and Loblaw for its semi-truck.

Plus, Rong 360’s affiliate listed on NYSE. General Motors is to rival Tesla as the company plans to launch its new electric car.

Owlii’s 3D imaging technology makes social interaction possible in AR.

Tencent today can hardly hide its ambition in AI any more.

Plus, Tencent saw a 61 percent rise in third-quarter sales. Tesla suffered its biggest loss.

The company opened for trading at $13.4 per share, up slightly by 4% from the $13 offering price, with its market value reaching $4.234 billion.

Plus, Amazon agreed to sell some of its Chinese cloud assets to its Chinese partner. Qihoo 360 launched a short video app.