NewsAlibaba’s flopped attempt at investing in ToutiaoBytedance is facing challenges from Chinese cyberspace administration and rival Tencent. 2 mins read
Investments in education, consumer, cloud computing and robotics industries. NewsDeals | Deal book: Tencent invests in robotics startup Marble; Knowbox raises $100 million from YF Capital and TAL2 mins read
Ant Financial, Didi Chuxing, Meituan-Dianping are also said to mull IPOs. NewsXiaomi reportedly to file for HK IPO next week, fetching a valuation of USD 110 billion2 mins read
Meicai, the e-vendor founded in 2014, has been helping farmers sell products to restaurants. NewsTaobao’s formidable rival Pinduoduo wants to sell more fruits to 300 million consumers1 min read
Plus, Alibaba invests in GetLinks. BigBasket invests in DailyNinja and Milkbasket. NewsKrASIA Daily: China’s fastest-growing e-commerce app Pinduoduo eyes to sell more agricultural products4 mins read
Renrenche plays a crucial role in Didi Chuxing’s plan to rule China’s transportation businesses. NewsDeals | Goldman Sachs, Tencent and Didi Chuxing invest in Renrenche’s US$300 m round2 mins read
Outside of China, Didi Chuxing’s global expansion is expecting a bleeding war. NewsDidi Chuxing mulls IPO to raise capital, as old and new enemies challenge its market dominance2 mins read
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
NewsFinVolution, NUS Business School share findings on financial inclusion for Filipino domestic helpers